Logistics giant DPD is set to open a new facility in the Black Country which aims to operate a fleet of electric delivery vehicles.
The parcel delivery company has agreed terms with Birmingham-based Trebor Developments and investment manager Schroders Capital to build a new 60,000 sq ft parcel facility on Revolution Park in Wolverhampton.
Revolution Park was launched last year after planning consent was awarded for a four-unit industrial scheme. However, DPD has struck a deal which will see the parcel delivery giant occupy the majority of the 10.5-acre site. A planning application for the scheme has been submitted with construction expected to start this summer, subject to consent.
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Louise Ferguson, head of property for DPD UK, said: "We are absolutely delighted to agree terms for a new, purpose-built DPD distribution centre at Revolution Park.
"It is a great location for us. The new facility is part of DPD's strategy to be the most responsible and sustainable city centre delivery company and a leader in the move to electric delivery vehicles in the UK.
"We have invested heavily in our regional network in the last ten years to meet the huge increase in demand for our services and this new facility will allow us to offer an even better service to the area, with a more efficient fleet, shorter journeys and lower emissions."
Greg Dalton, development manager for Trebor, added: "It's fantastic to have agreed terms with DPD so soon after the site's formal launch to market and we're delighted to be working with Schroders to see this important brownfield site in the Black Country fully redeveloped so soon.