An industrial unit totalling 761,000sq ft is being built on the Magna Park in Lutterworth, with construction due to be completed next June.
The project sees Winvic Construction working with developer GLP for the first time and will be the largest speculative unit it has brought forward to date.
The building, MPN 761, comprises a 716,662sq ft warehouse, an 8,202sq ft undercroft warehouse, a 1,615sq ft plant deck and 34,667sq ft space across a three-storey office and two transport offices. Winvic will fit out the offices to Cat A standards.
Danny Nelson, Winvic MD of industrial, distribution and logistics, said: “MPN 761 has become a special project for three reasons; it marks Winvic’s construction of 100 million square foot of industrial space, it’s GLP’s largest ever speculative unit and it has brought the start of a new and exciting contractor-client relationship.
“The team is looking forward to progressing safely through the programme and have their sights set on completion in June 2025.”
Peter Baird, senior construction manager at GLP, added: “This is a testament to our confidence in the resilience of the UK logistics market and the strategic importance of the Midlands in particular.”