St. Modwen has continued the delivery of its 1.6m sq ft industrial and logistics pipeline as it reaches a series of landmarks at developments in Stoke-on-Trent.
Steelworks are up on the developer’s five new speculative units totalling 183,000 sq ft at its St. Modwen Park Stoke South site (formerly known as Trentham Lakes).
The five units ranging from 22,000 – 75,000 sq ft will provide additional sought after space at the 400-acre mixed-use development, which is already home to occupiers including Screwfix, Amazon and Pets at Home.
The news follows St. Modwen’s successful planning application for an additional 250,782 sq ft at St. Modwen Park Stoke South in March 2019. This latest phase of development will provide the opportunity to secure significant job opportunities in the area.
Meanwhile, in the north of the city, St. Modwen has begun speculatively building a new 43,000 sq ft unit at St. Modwen Park Stoke Central (formerly known as Etruria Valley). One of Staffordshire’s premier employment sites, the scheme forms part of the wider 300-acre Festival Park development. Steelwork is now complete, with the unit expected to be available for occupation from March 2020.
The combined development in Stoke-on-Trent could result in the creation of up to 700 jobs, demonstrating St. Modwen’s continued confidence and longstanding investment in the region.
The two sites are strategically located in close proximity to junctions 15 (South) & 16 (North) of the M6, serving both Stoke-on-Trent and Newcastle-under-Lyme.
Stuart Murray, Development Director at St. Modwen, said: “To have two projects simultaneously under construction in the city evidences our confidence in Stoke-on-Trent and St. Modwen’s long-standing commitment to the North Staffordshire area.
“The developments at both St. Modwen Park Stoke South and St. Modwen Park Stoke Central will provide a range of unit sizes, which we are confident will prove attractive to business occupiers at two of the region’s foremost logistics locations. We look forward to their completion and occupation.”
Steven Smith, Senior Construction Manager at St. Modwen, added: “With the rapid acceleration of our industrial and logistics efforts, the North Staffordshire region is seeing plenty of concurrent development and we are pleased to be providing new opportunities for the people and businesses of Stoke-on-Trent.”
Councillor Janine Bridges, cabinet member for education and economy at Stoke-on-Trent City Council, added: “The old Trentham Lakes site has been transformed over the past 30 years and our city is also continuing to see development on the Etruria Valley site, which is a key part of the area’s successful Ceramic Valley Enterprise Zone.
“The fact that these sites have been able to attract major companies including Amazon, Screwfix and Pets at Home shows how attractive Stoke-on-Trent is as a place to invest. This supports our wider strategy to transform Stoke-on-Trent and see even more job creation and more benefits for the local economy.”
Joint marketing agents for the two schemes are Knight Frank and Mounsey Chartered Surveyors.
For more information on both sites, please visit: stmodwenlogistics.co.uk