Tritax Symmetry gets deal for Hinckley National Rail Freight Interchange
Maritime Transport will develop, lease and operate Tritax Symmetry’s £750m strategic rail freight interchange in Hinckley, Leicestershire.
The new terminal, which will sit alongside 7m sq ft of warehouse facilities, will strengthen rail freight connections between the Midlands and Felixstowe, Liverpool, London Gateway, Southampton, Teesport and Mossend, serving Scotland.
The 40-acre scheme is expected to be able to handle 16 trains per day when fully operational. At full capacity, the interchange will remove more than 83m HGV miles from the UK road network, saving around 70,120 tonnes of CO2 each year.
Maritime Transport will develop, lease and operate Tritax Symmetry’s £750m strategic rail freight interchange in Hinckley, Leicestershire.
The new terminal, which will sit alongside 7m sq ft of warehouse facilities, will strengthen rail freight connections between the Midlands and Felixstowe, Liverpool, London Gateway, Southampton, Teesport and Mossend, serving Scotland.
The 40-acre scheme is expected to be able to handle 16 trains per day when fully operational. At full capacity, the interchange will remove more than 83m HGV miles from the UK road network, saving around 70,120 tonnes of CO2 each year.
The development remains dependent on the secretary of state for transport’s approval of a development consent order, due in September this year.
John Williams, executive chairman at Maritime Transport, said: “This development will strengthen our rail-connected network and our strategy of decarbonising the full load supply chain in the UK, moving cargo closer to the end user by rail.”
Jonathan Wallis, director at Tritax Symmetry, added: “Alongside Maritime Transport’s fully fledged support, we are excited by the potential of this location for rail-linked logistics, which we believe will see strong demand for large scale, flexible, modern, low carbon space.”
Tritax Symmetry was represented by Baker Rose Consulting.
Image from Tritax Symmetry