A deal has been completed which will see a Hinckley-based business relocate to the town’s prestigious and highly sustainable Hinckley Park development.
Geosynthentics Ltd, specialists in products for the civil engineering sector, has taken the new 60,000 sq ft Net Zero Ready* unit on the Park’s third phase, which is being marketed by our Director, Andrew McFarlane Holt on behalf of IM Properties.
The move retains 50 jobs in the region, and consolidates three sites into a single, sustainable unit to future proof Geosynthetics’ operations. The firm’s managing director, Tracy Woods explains: “We’ve been looking for a while and we’re relieved to be staying in Hinckley. The local people are our business and when we got into discussions with IM Properties about its Hinckley Park site, there seemed so many synergies, we just knew we had to make it happen.”
Located next to junction 1 of the M69, the 18-acre Hinckley Park scheme has already created jobs for 1500 people, as home to one of Europe’s largest and most technically advanced parcel depots, owned by DPD and a 532,000 sq ft unit let to Amazon. Phase three, which also comprises a 340,000 sq ft spec unit and a 47,000 sq ft unit, is being delivered as Net Zero in Construction** and Net Zero Ready, meaning the buildings will be optimised to allow occupiers to be Net Zero in Operations***.
Tracey continues: “Sustainability is central to our business and all our lives, so securing an industry leading, BREEAM Excellent, EPC A rated building reflects our values and commitment to the future generations we’re looking to employ.”
Our Director, Andrew McFarlane Holt comments: “It’s excellent news that our initial introductions have resulted in a successful transaction, enabling a local business to realise its growth plans and continue offering outstanding employment opportunities for the area. The unit Geosynthetics has secured, along with its neighbours, are at the forefront of sustainable design and will provide a first-class working environment for generations. Hinckley Park is well-established with exceptional road, rail and air connections so interested parties are advised to act quickly to secure one of the remaining two units.”
Pictured (right) are (L-R) Harry Goodman, Development Manager, IM Properties, Tracy Woods, MD, Geosynthetics & Chris Foxton, Founder, Geosynthetics
*Net Zero Ready - Where net zero construction is achieved and operational energy / carbon performance is also optimised, giving occupiers opportunity to achieve net zero operation through appropriate renewable energy procurement as defined by UKGBC.
**Net Zero in Construction - Where carbon emissions from a building’s product and construction stages are zero (or negative) through reduction measures, the use of high-quality carbon offsets for residual emissions, and where the route taken is publicly disclosed at practical completion as defined by UKGBC.
***Net Zero Operation - When the amount of carbon emissions associated with a building’s operational energy on an annual basis is zero or negative. A net zero carbon building is highly energy efficient and powered from on-site and/or off-site renewable energy sources, with any remaining carbon balance offset as defined by UKGBC.