News Archive


Four speculatively developed industrial buildings are proposed in the first phase of Stonebridge Park, a major new 46-acre ‘gateway” business park fronting the A580, one of Liverpool’s arterial roads. Planning consent is currently being sought by Key Property Investments Ltd, (KPI) a joint venture company between St Modwen Properties PLC and Salhia Real Estate Co. Subject to planning consent and ERDF grant funding approval, the 57,100 sq ft (5,305 sq m) phase comprising two industrial buildings of 12,975 sq ft (1,205 sq m) and two of 15,575 sq ft (1,447 sq m) will begin in August. The site, just off junction 4, M57, is owned by the Northwest Development Agency which has provided significant funding for the key infrastructure works. Mike Hosie of St Modwen, said: “This is a fantastic opportunity to capitalise on this well located, high profile site. We aim to create a high quality business environment, comprising both office and industrial buildings, set within an attractive landscaped environment which includes a unique water feature. “This flagship development will attract new businesses and establish this area as a major centre of employment. The park will have more than a mile of prominent frontage on to the East Lancashire Road.” David Waugh, chief executive of Liverpool Land Development Company, said: “We are very pleased to see that St Modwen are bringing forward this first phase of speculative development at Stonebridge Park. The site was previously a major source of employment and with the benefit of funding provided by the European Objective 1 programme and the Northwest Regional Development Agency, it will provide a 21st century business environment.” Matthews & Goodman and King Sturge are the joint agents. For further information contact Mike Hosie of St Modwen (01925 825950). Issued by Paul Raymer of Howle Chapman Raymer (0121 236 7771).