Plans have been lodged for a new industrial estate in Wolverhampton.
Earlier this month, BusinessLive reported how Trebor Developments and Schroder Real Estate Investment Management Ltd have teamed up for the Revolution Park development at Steelpark Way, in Wednesfield.
Now a planning application has been submitted for the construction of four industrial units – which will range between 25,000 sq ft and 84,000 sq ft in size – as part of the scheme.
Greg Dalton, development manager for Longbridge-based Trebor, said: “We are delighted to be working with Schroders to bring forward this major redevelopment in an area which continues to see very strong occupier demand.
“We have already seen a fantastic response since the site’s formal launch.”
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Philip Scott, investment manager for Schroders, said: “Revolution Park will be one of the greenest assets within Schroders’ industrial portfolio and the redevelopment at Steelpark Way will help to future-proof the site by delivering high quality, environmentally friendly, lower cost buildings for tenants.”
Councillor Stephen Simkins, deputy leader of City of Wolverhampton Council and cabinet member for city economy, added: “The plans for the re-development at Steelpark Way are aimed at delivering major industrial units in our city which will in turn create new jobs and opportunities.
“It shows investment in Wolverhampton remains strong and that is critical to our recovery from the Covid-19 pandemic and relighting our city.”