A new £86 million warehouse for tech retail giant Amazon has been completed – marking the end of the first phase of a £200 million industrial scheme.
The 534,000 sq ft warehouse has been built at Redditch Gateway by Birmingham development group Stoford and funded by Royal London Asset Management.
Around 200 new jobs are expected to be created at the facility over the coming months.
The new unit has a mezzanine floor and office space and lies to the north of the 78-acre site off the A4023 Coventry Highway near junction three of the M42.
Stoford is now turning its attention to the southern section of the land where it intends to build two further warehouse units, each of up to 250,000 sq ft.
The Birmingham BusinessLive Awards in association with Birmingham Post 2022 are open for entries.
The annual ceremony will celebrate the city’s finest businesses, individuals and organisations and crown our overall Company of the Year – enter now here.
The deadline for submissions is Monday January 17 and the ceremony will be held at the ICC in Birmingham on Friday March 18.
If you have any questions or to enquire about sponsorship please email [email protected] and follow the hashtag #BBLA for updates on social media.
Redditch Gateway has capacity for up to one million sq ft of brand new office, logistics and manufacturing accommodation when complete.
Dan Gallagher, joint managing director of Jewellery Quarter-based Stoford, said: “With the first unit at Redditch Gateway now complete, we are working to deliver the next phase in this exciting scheme.
“Redditch Gateway is located in a prominent distribution area of the Midlands, with a skilled local labour force and excellent transport links via the national motorway network.
“There is huge pent up demand for logistics and manufacturing accommodation of this size and quality in the West Midlands and we are anticipating significant interest in the next phase.”
Gary Woodman, chief executive of Worcestershire Local Enterprise Partnership, added: “I am pleased to see the first phase of work completed at the Redditch Gateway site.
“Increasing jobs in the county is a key objective for Worcestershire and this investment from Amazon will help to bring jobs and economic benefits to the county, helping the county to bounce back from the shock of the covid pandemic.
BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry and Staffordshire.
Click through here to sign up for our daily email newsletter and also view the broad range of other bulletins we offer including weekly sector-specific updates.
We will also send out ‘Breaking News’ emails for any stories which must be seen right away.
For all the latest stories, views and polls, follow our BusinessLive West Midlands LinkedIn page here.
“As part of our Plan for Growth strategy for 2040, I look forward to seeing the delivery of further phases of this project to help us achieve our vision of making Worcestershire a connected, creative, dynamic economy for all.”
Greater Birmingham and Solihull Local Enterprise Partnership awarded £1.8 million from its Local Growth Fund programme to the project.