Announcing the purchase of the Pilkington Automotive and GKN Aerospace sites, the development of a 400,000 sq. ft multi-unit scheme will be funded by the Richardson family making this the third collaboration between the two parties following the successful development of Velocity42 in Redditch and Cransley Park in Kettering.
-- Advertisement --
A detailed planning application will be submitted later this year with work on site scheduled to begin once the existing occupiers vacate next year. The new proposals could create around 900 new jobs.
Gareth Williams, Director at St Francis Group said: "We are delighted to have secured these strategic sites and to be able to promote a scheme in the heart of the greater Birmingham conurbation. We have seen a huge growth in the mid box industrial warehouse market, and we will be aiming to meet that demand with 8 new energy efficient units ranging from 25,000 sq. ft to 70,000 sq. ft."
