The business park lies immediately east of Junction 12 of the M5 motorway, with the first three speculative units delivering 173,000 sq ft.

These will be completed by the end of the year, with St. Modwen then delivering a rolling programme of development to reflect market conditions.

Pete Davies, Development Director at St. Modwen, said: “Demand for high quality logistics space with excellent links to the M5 motorway is the driving force behind this building programme, which will allow us to bring significant jobs and inward investment to Gloucestershire.”

Ben Shearman, Operations Manager for Winvic said: “We are thrilled be working with St. Modwen again and we are looking forward to delivering the first three units at St. Modwen Park Gloucester at the end of the year.”

St. Modwen Park Gloucester is one of three St. Modwen sites in Gloucestershire alongside the £22m Gateway 12 Business Park and £150 million mixed-use scheme at Littlecombe in Dursley.