PLP Starts 700,000 Sq Ft Speculative Logistics Scheme at PLP Nottingham in Golden Triangle

PLP has commenced speculative construction of PLP Nottingham, a Grade A, 700,000 sq ft logistics campus in the Golden Triangle, the firm announced on Nov. 13, 2026. The three-unit industrial and logistics scheme is targeted for completion in Q4 2027, with units available for occupation from that quarter. PLP is represented by Avison Young, Apex Real Estate and Savills.
PLP Nottingham: Scheme Details and Location
PLP Nottingham spans 65 acres at Sherwood Business Park in Annesley, Nottinghamshire, immediately adjacent to Junction 27 of the M1 motorway. PLP said the location provides direct access to 85% of the UK population within a four-hour drive, with the Nottingham, Derby and Mansfield conurbations nearby. The site is about 11 miles from Nottingham, 20 miles from Derby and 33 miles from M42 Junction 11.
The campus will comprise three units:
- Unit 1: 459,000 sq ft
- Unit 2: 69,000 sq ft
- Unit 3: 172,000 sq ft
PLP said the scheme is designed to provide flexible space for a range of industrial and logistics occupiers. The unit mix spans large-format space in Unit 1 and smaller buildings suited to regional or specialist users.
Specification, Power and Sustainability
PLP said all three buildings will be built to a market-leading specification and delivered to achieve Net Zero "PC-on track" validation at completion, an EPC A+ rating and BREEAM Outstanding certification. The development will provide up to 8 MVA of power.
PLP has contracted Winvic Construction Limited to deliver the facility. The project received reserved-matters planning consent from Ashfield District Council before construction began. ING provided PLP with a £67.1 million green loan to fund the development.
Construction Director Comments on Speculative Delivery
Owen Follett, Construction Director at PLP, said: "PLP is excited to once again be working with Winvic and with Ashfield Council to speculatively deliver new employment space into this prime, undersupplied, industrial and logistics location, adjacent to junction 27 of the M1 motorway. PLP Nottingham will provide an estimated 850 new jobs to the local economy along with a range of high-quality, sustainable units with sizes tailored to the requirements of both local and national occupiers. We look forward to bringing this scheme to the market, with units being available for occupation from 4Q 2027."
Market Context: Golden Triangle Logistics
The Golden Triangle is one of the UK's principal distribution corridors, and PLP Nottingham adds a large speculative scheme to the area. The development will compete for occupiers with other Midlands logistics parks and existing stock around Nottingham, Derby, Leicester and the M1/M42 corridors. Its motorway adjacency, power capacity and sustainability targets are positioned to appeal to occupiers with distribution, manufacturing or high-throughput requirements.
PLP is committing capital ahead of occupier pre-leasing, supported by the green loan and by strong first-half Midlands take-up. The decision to build speculatively reflects the firm's view that the location is undersupplied. Avison Young, Apex Real Estate and Savills represent PLP on the scheme ahead of the Q4 2027 completion target.
Sources
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