Developer GLP has begun earthworks on the 48-acre G-Park Ashby-de-la-Zouch which are due to be finished early next year with the full development set to complete by 2024.
The start of site work had been delayed while a a colony of great crested newts was discovered which have now been rehoused.
Adrienne Howells, Senior Development Director at GLP, said: “G-Park Ashby is an exciting addition to our portfolio in the Midlands and indicates our ongoing confidence in opportunities in the Golden Triangle, following the success of projects such as Magna Park Lutterworth.
“Trends such as e-commerce have buoyed already high demand for prime logistics space, particularly high-quality, conveniently-located, sustainable facilities such as this.”