The site of a £20 million West Midlands warehouse and manufacturing development is now ready for construction to begin, following an extensive programme of remediation and demolition and the securing of detailed planning permission.
Birmingham-based developer Stoford has completed demolishing existing buildings and undertaking remediation work and ground levelling on the Wednesfield Way site near Wolverhampton, next to Bentley Bridge retail park.
The 18-acre site known as Pantheon Park has detailed planning permission for three schemes totalling 412,000 sq ft of manufacturing, warehouse and distribution space with 24/7 operations. It is expected to create around 400 jobs.
The development is a joint venture between Stoford and Bridges Ventures, a specialist sustainable and impact investor.
A number of potential occupiers are in talks with the joint venture partners about taking over buildings at the site, which is said to be ideal for the logistics and manufacturing sectors. Pantheon Park is close to the M6 Toll, M5, M42 and M54 and is situated in an established location off junction 10 of the M6 via the A454.