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OVER 3,000 JOBS CREATED AT LONGBRIDGE

– In excess of 3,000 jobs have been created at Longbridge since 2007 
– The development has delivered over £111 million in GVA to the regional economy 
– Total job creation to exceed 4,000 in the next two years, with an annual GVA of over £134 million expected 

St. Modwen, the UK’s regeneration specialist, has revealed that in excess of 3,000 jobs have been created at its landmark Longbridge development since work started on site in 2007. 

The 468 acre, multi-million pound, mixed-use regeneration project is expected to add an estimated £134 million to regional Gross Value Added (GVA) by 2015, with the total number of jobs created set to exceed 4,000 over the next two years. 

Over 2,725 permanent jobs have been secured in the last six years, with 348 full time equivalent jobs being created during the construction process. 

Mike Murray, senior development surveyor at St. Modwen, said: “Despite difficult economic conditions, Longbridge has created a diverse range of employment opportunities, contributing to the growth of IT, manufacturing, education, retail and service sector businesses. In particular Longbridge Technology Park is a major hub with over 40 businesses and 350 people working in a high quality environment. 

“The continuing success of Longbridge has been testament to the financial investment, hard work and determination of St. Modwen and our stakeholders, including the Homes and Communities Agency and Birmingham City Council, who have been resolute in their support to rebuild the community and create a sense of place. 

“Through these efforts, Longbridge is emerging as the preferred destination for business users, due to its strong transport links, close proximity to the M42 and M5 and railway station. There is a real sense of optimism and excitement around the area, particularly with the planned opening of the town centre later in 2013. 

“The sense of community has also been reinvigorated and we’re immensely proud of what we have achieved over the past six years. 

“We continue to promote Longbridge as a sustainable location where all sectors can successfully invest and we look forward to welcoming new businesses and residents.”