Severn Trent eyes rail shed relaunch

Severn Trent has revived a £375m rail freight sheds scheme shelved in the teeth of the recession.

Goodman and Shepherd Group has been selected by Severn Trent subsidiary Etwall Land as development partners for a 5m sq ft scheme on a 620-acre site between Etwall and Eggington.

Severn Trent originally mooted plans for the site in 2008, but they were mothballed because of bad economic conditions.

The new partnership will jointly fund the new scheme, which could create 6,000 jobs.

Goodman UK Logistics managing director Charles Crossland said: "From an economic viewpoint, the new strategic rail freight hub will