Mayor of Liverpool Joe Anderson has welcomed news that 250 jobs are going to be created in Croxteth with the creation of a new parcel depot – thanks to a development agreement between Liverpool City Council and regeneration specialist St Modwen.
A new 69,000 sq ft facility is being created at Sugarbrook Drive at Stonebridge Park for express delivery service, DPD (UK) which will service the Liverpool and Merseyside region.
Mayor of Liverpool Joe Anderson said: “This is a significant and important investment in a part of the city that we are working hard to regenerate. It will create 250 much needed jobs and be a major boost for the area, creating opportunities for local people.
“When combined with the new housing, proposed new retail and St John Bosco School, the Stonebridge area is now a place that is well and truly on the up.
“We are absolutely committed to doing everything we can to improve communities across the city.
“This is another great success story and demonstrates that Liverpool is open for business and how we are working hard every day to attract investment.”
The new facility will bring a total investment of £12 million to the region and will create up to 250 permanent and construction jobs. Construction is due to start on site in March 2015 and will be completed by early 2016. Following completion, DPD will take a 25-year lease.
The Liverpool facility is one of three new sites that St. Modwen is delivering for DPD, with 60,000 sq ft depots currently being developed at Skypark in Exeter and Etruria Valley in Stoke on Trent.
St. Modwen will also develop a further four acres of land for additional employment uses at Stonebridge Park.
Steven Knowles, Regional Director of St. Modwen, said: “This latest agreement not only brings investment into the region, but also creates significant employment opportunities for the area. Stonebridge Park is a fantastic location for DPD and will be well situated to serve the region.
“Our income-producing properties continue to generate a strong revenue stream for our business in the North, with a rent roll in excess of £9.1 million last year, and this consent will enable us to further strengthen and grow this offer in the region.
“Alongside our much-needed major regeneration project at Great Homer Street, this latest agreement demonstrates our commitment to the Merseyside area.”