Located in Glenfield, Leicester, Optimus Point is a large industrial and residential development part funded by the LLEP’s Growing Places Fund (GPF). Work began on the site in July 2012, and is now nearing full occupancy. Major firms Everards, Mattel, Boden, Geodis, James Latham, Geary’s Bakeries and DPD have logistics hubs and manufacturing centres at Optimus Point. In addition, Sarstedt are soon to take occupation of their unit.
Before work could begin on the Optimus Point Development, the junction connecting the site to the A46 was improved, and alongside this, works to upgrade the A46 / A50 junction to aid the flow of traffic and goods to the site were also undertaken. This was achieved with £1.3 million GPF loan. Two further loan funding packages worth £3.1 million was paid to Wilson Boden, to enable them to fund the site access works before construction could commence. These works were completed by April 2014.
The residential development at the site is an extension of the popular Glenfield area of Leicester, and is known as ‘Glenfield Park.’ These new-build homes have formed a modern, sustainable community with close access to Brookside Meadows – a landscaped area of parkland with walking trails for residents and workers.
Optimus Point is ideally located next to key transport routes in the centre of the country. As such, it is set to become the main logistics hub for Sarstedt’s UK operations. Sarstedt is a German company, and will be the newest member of the Optimus Point family. It will move into 61,640 sq.ft. of workspace at the site, from which it will operate its laboratory and medical equipment supply operation for the whole of the UK market.
Sarstedt’s Optimus Point development was undertaken by Wilson Bowden, and includes core logistics facilities, ancillary office accommodation, car parking, a service yard, landscaped areas and room for future expansion.
Optimus Point as a whole is now close to full capacity, with approx. 1 million sq.ft. now occupied. The total amount of GPF loans committed by the LLEP to the overarching project was £4.4m.
Optimus Point has the potential to create between 1500 and 2000 jobs for the local area. This is a major development for the economy of Leicester and Leicestershire, and we are proud to have been able to support it.