DPD is set to expand its operations with a new warehouse at Forrest Park, bringing significant economic benefits to County Durham.
- The development will create 250 new jobs, adding to the current workforce, and safeguard 125 positions.
- The £100m business park will feature a 63,000 sq ft warehouse on an eight-acre site, enhancing the local economy.
- A 25-year lease has been agreed with developer Richardson Barberry, underscoring long-term investment.
- The new center supports DPD’s sustainability goals, aiming for Net Zero emissions by 2040.
The planned distribution center at Forrest Park marks a significant boost for the local economy in County Durham, with DPD’s investment expected to create 250 new jobs while safeguarding 125 existing positions. The development is part of a broader effort to enhance the region’s industrial capabilities and generate substantial employment opportunities.
The £100m business park project features a state-of-the-art 63,000 sq ft warehouse situated on an eight-acre site. This venture is strategically located near Junction 59 of the A1(M) at Newton Aycliffe, offering excellent connectivity and access to a skilled labor pool. The development promises to strengthen the local economy and attract further investment.
Richardson Barberry, a joint venture developer, has secured a 25-year lease agreement with DPD, indicating a long-term commitment to the area. The deal is expected to stimulate additional interest from potential occupiers, further enhancing the site’s economic prospects. This pre-let agreement demonstrates the development’s strategic importance and its appeal to major businesses.
DPD’s commitment to the Forrest Park development aligns with its ambitious sustainability objectives. The new facility is integral to DPD’s plan to lead the industry in adopting electric delivery vehicles and achieving Net Zero emissions by 2040. The investment underscores DPD’s dedication to operational efficiency and environmental responsibility, enhancing their service capability in the region.
The project is a collaboration between Richardson Barberry and Forrest Park (Newton Aycliffe) Limited, involving Durham County Council and local landowners. As part of this initiative, the site will accommodate a variety of business, industrial, warehouse, and trade units. This expansion will not only make Aycliffe Business Park the largest in the region but also boost the area’s economic resilience.
The new DPD distribution center at Forrest Park represents a pivotal investment in County Durham’s economic future, enhancing employment and sustainability efforts.