Commercial People has learned that work has been completed on a £5.5 million transport infrastructure project that will pave the way for a major new business park development near Redditch.
One of the UK’s leading commercial property developers, Stoford Developments, contracted Fitzgerald Contractors to deliver the crucial infrastructure works and a signalised traffic junction at the 78-acre Redditch Gateway site off Gorcott Hill and the A4023 Coventry Highway.
The project will open up approximately 35-acres of development land on the northern side of the site within the Bromsgrove district, in Worcestershire, and a further 27-acres to the south, which sits in the Stratford-on-Avon district, in Warwickshire.
Dan Gallagher, Joint Managing Director, Stoford Developments, said: “Redditch Gateway is an exciting development in a strategically important West Midlands location, just a few miles from the M42. There is huge pent up demand for industrial/logistics accommodation of this size and quality in the region and our significant investment in the development of the infrastructure and junction works is the first step in realising our vision for this landmark scheme.
“We are very pleased to have completed this phase of the project and look forward to delivering the first unit this year.”
Redditch Gateway is a £200 million build-to-suit logistics and manufacturing scheme that will deliver up to one million sq ft of brand new office, logistics and manufacturing accommodation.
Steelwork has already been erected, and cladding has been installed on the 366,000 sq ft ‘Unit A’ warehouse to the north of the site. Construction of the building, which has been pre-let to a multinational retailer, is set to be completed in Q3 2021.
Redditch Gateway has capacity for two additional build-to-suit units of between 150,000 sq ft – 250,000 sq ft, with integral office space, secure yard space and parking.
Commenting on the overall project, Councillor Matt Dormer, Leader of Redditch Borough Council, said: “It is great to see the work progressing on the Redditch Gateway site. These infrastructure works are critical to enabling the delivery of the brand new logistics and manufacturing premises on the site. Redditch Borough Council has worked closely with the Greater Birmingham and Solihull LEP and Worcestershire LEP to support this project, which will bring new investment and jobs to the borough. We look forward to working with Stoford Developments on bringing investment and development to the rest of the site.”
Redditch Gateway is located on the eastern fringes of Redditch and 18 miles from Birmingham Airport. The site falls into two local authority areas, Stratford-on-Avon in Warwickshire to the north and Bromsgrove district to the south.
Stoford has been appointed as development partner for Redditch Gateway, working alongside the two landowners, The Gorcott Trust and Homes England.
Tim Davies, Senior Development Manager, Homes England, said: “Having committed land and provided finance to the scheme through the last six years, it is fantastic to see this scheme coming to fruition. Stoford continues to be an effective partner engaging with occupiers and stakeholders to deliver schemes of this nature. With the Homes England land now serviced we are looking forward to further phases coming forward facilitating employment and training opportunities in the local community.”
The Redditch Gateway development is being supported by £1.8 million investment from the Worcestershire Local Enterprise Partnership’s Growing Places Fund and grant support from Greater Birmingham and Solihull Local Enterprise Partnership.
Featured Image: Aerial photograph of the Redditch Gateway development, including the new highways infrastructure.