One of the UK's leading parcel firms has unveiled plans for a new £100 million depot in the East Midlands.

DPD has appointed Goodman to develop a 330,000 sq ft parcel hub at Hinckley Commercial Park and - should planning permission be approved - it will be the largest building of its kind in Europe.

The site has the potential to create 1,000 new jobs once it is fully operational in 2015 and the company is hopeful that work can start in September 2013.

Chief executive officer at the firm Dwain McDonald said this is a long-term strategic decision and the organisation - which is the fastest-growing parcel company in the UK - cannot afford to stand still.

"Our network capacity is fine at the moment but we need to make sure that, as demand increases from our customers, we have the potential for growth," he remarked.

The East Midlands is a popular destination for companies that are looking to build new warehouses and distribution centres, mainly because of its central location and excellent transport links.

Hinckley Commercial Park is very well connected, as it is based close to Junction 1 of the M69.