The five industrial units will be leased to Jaguar Land Rover making it the UK’s largest single occupier logistics park.
Winvic is now working on the scheme which will be handed over in September 2022. The project is valued at £270m by construction information specialist BarbourABI.
The firm has been on site at the north-west Leicestershire logistics park site since last September delivering a £21m civils and infrastructure contract.
The bulk earthwork excavations and bund creation works are now complete, planting of thousands of trees and shrubs has begun and the programme of highways works is progressing.
Danny Nelson, Director and Head of Industrial at Winvic, said “We have been on an incredible journey with IM Properties to date, working on numerous projects, but schemes of this nature don’t come around too often and so Mercia Park is one we are very proud to be a part of.
“To be selected by IM Properties as the delivery partner on a project of this size, scale and importance is testament to the relationship that has been cultivated over many years and that we continue to be market leaders in the sector.
“Our investment in people, technologies and forward-thinking approaches to construction puts Winvic in the ideal position to support the green commitments made by IM Properties and we’re looking forward to constructing our largest industrial facility to date – at almost 3 million sq ft – for IMP and end user, UK automotive pioneer, Jaguar Land Rover.”
Jason Jasper, UK project director for IM Properties, said: “This is not only the largest single occupier deal ever to be agreed and funded but a major planning, construction and project delivery accomplishment.
“We’ve taken a 238-acre site from zero to development ready in four years. Typically a scheme of this scale would be delivered in separate phases over a five-to-ten-year period.
“After years of investment and hard work, it will be exciting to see all six buildings come out of the ground at the same time.
“We have worked hard with Winvic and our supply chain to manage the logistical challenges that comes with building this volume at the same time together with managing a phased handover of the development to JLR.”