A new trade park development has been unveiled in Stoke-on-Trent as part of a wider business park scheme.
Eleven new units have been constructed at St Modwen Park Stoke Central, in Etruria, which has already seen a 43,000 sq ft warehouse built on site.
The units – which have been constructed in two blocks – were officially launched at an event to mark the fifth anniversary of the Ceramic Valley Enterprise Zone which has seen more than two million square foot of industrial space completed, under construction or secure planning permission in the city since 2015.
Over the last five years – and as a direct result of the Enterprise Zone – more than 2,000 jobs have been created in the city, and 22 businesses have set-up home in Stoke-on-Trent.
Council leaders joined Stoke-on-Trent Lord Mayor Ross Irving for a special plaque unveiling yesterday (14th) to mark the milestone.
Stoke-on-Trent City Council leader Abi Brown said: “We have invested heavily in gap funding and purchasing units like this where we can be the landlord of and get occupants for.
“We feel that it is the right thing to support businesses but also because we know there is demand for these types of units.”
Stoke-on-Trent’s Ceramic Valley Enterprise Zone covers 345 acres of brownfield land across six sites in Stoke-on-Trent and Newcastle-under-Lyme. So far between £3 and £5 million has been spent by the city council to develop some of the sites.
Councillor Brown added: “In 2015, we were looking at 25 years to develop out entirely and all the sites needed significant amounts of remediation and real regeneration, some sites having been derelict for up to 40 years.
“Clearly, the plan to move forward with the Enterprise Zone required commitment from us as a local authority and we have over the last five years put in somewhere in the region of £3 – £5 million of investment that has seen a number of sites come forward through support from ourselves directly.”
BusinessLive is your home for business news from around the country – and you can stay in touch with all the latest news through our email alerts.
You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we’ll send out breaking news alerts for any stories we think you can’t miss.
Visit our email preference centre to sign up to all the latest news from BusinessLive.
Alun Rogers, chairman of the Stoke-on-Trent and Staffordshire Local Enterprise Partnership (LEP) said: “As a strategic funder of major projects in the Stoke-on-Trent and Staffordshire LEP area, it’s really important for us to invest in employment sites that create the right types of jobs and the right volume of jobs and a site like St Modwen Park Stoke Central is really good for us.
“It’s got scale, but it also allows us to get the right types of businesses here. We are really passionate about the quality of jobs and high-value jobs.”