A new development based in Staffordshire is set to create over 700 new jobs – estimated to cost £38 million.
Liberty Property Trust and Stoford Developments have come together to develop two Grade A industrial/logistics units of 115,000 sq ft and 48,000 sq ft, there will also be 270 car parking spaces and 17 lorry spaces.
Tony Nash, director of Stoford Developments, said: “We are delighted to see work start on this major employment project and are looking forward to developing the scheme.”
The two units at Lichfield’s Liberty Park are close by to Lichfield Trent Valley Railway Station, with good access by car as well as public transport.
Andrew Blevins, managing director of Liberty Property Trust’s UK operation, said: “Liberty Park, Lichfield is an exciting opportunity providing quality industrial and logistics accommodation in a superior A38 location, which is already proving attractive to occupiers.”
The investors have instructed Derbyshire-based G F Tomlinson to lead construction and are expected to complete the units by October 2019.
Minister for Local Growth, Jake Berry MP, said: “We are committed to boosting economic growth across the whole of the Midlands Engine and building a country that works for everyone. Our £4million Local Growth Fund investment has paved the way for work to start on the development of Liberty Park, funding the infrastructure works necessary to open up this business park. Once complete, this project will enable the people of Lichfield and the wider Staffordshire area to benefit from the creation of more than 700 jobs, as well as a new investment site that will attract more businesses to the area.”
Staffordshire County Council’s transport leader, Helen Fisher said: “We’re pleased to see development get underway at Liberty Park as it presents the county with another prime investment site with superb connectivity where we will see more jobs created. The county council, working on behalf of the Stoke-on-Trent and Staffordshire Local Enterprise Partnership, created access to the site with the new road bridge over the West Coast Mainline. This was a complicated engineering project of which we’re proud as it will pave the way for in the region of 700 jobs. The project has been a further demonstration of how public and private sectors have worked together to deliver results. It is also another example of the county council and partners laying the foundations for growth.”
The fund is part of the government’s major growth deal projects which is set to be delivered across Stoke-on-Trent and Staffordshire by local enterprise partnership.
Stoke-on-Trent and Staffordshire Local Enterprise Partnership chairman, David Frost CBE, commented: “The success of this project is a real boost to our package of strategic industrial and commercial developments that are raising our profile nationally and internationally and driving economic growth across our area, from i54 in the south to Ceramic Valley in the north.
“We are delighted to see that our ambitions to create more and better jobs benefitting local communities are bearing fruit. Showpiece projects such as Liberty Park illustrate the benefits of working in partnership with the private sector and local authorities and demonstrate that our region is very much open for business.”
Liberty Park will be in joint marketing by CBRE and Avison Young.
Featured Image: (L-R) James Leavesley, board member, Stoke-on-Trent and Staffordshire LEP and Deputy Lieutenant for Staffordshire with special responsibility for business; Helen Fisher, transport leader, Staffordshire County Council; Ed Peel, development manager, Stoford; David Frost, chairman, Stoke-on-Trent and Staffordshire LEP; Robin Vaughan, associate director, development, Liberty Property Trust; Andy Sewards, group managing director, G F Tomlinson.