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Gloucestershire Business News

Work begins on million sq ft business park

Developers have unveiled details of the first phase of a near one million square foot business park off the M5 at Gloucester, expected to create 1,250 jobs.

Work is due to start on the first three units of the 58-acre site just off junction 12 of the motorway on what was until now called Quedgeley East Business Park.

The vision includes the developer naming the ambitious scheme after itself - it is now referred to as St Modwen Park Gloucester - with the first three buildings being described as providing 44,860 sq ft, 58,841 sq ft and 72,723 sq ft of industrial and logistics space.

All are expected to be available for occupation in quarter four 2019.

Pete Davies, development director for St Modwen West and Wales said: "The demand for premium quality industrial and logistics space with excellent connections to the motorway is the driving force behind our building programme at St Modwen Park Gloucester.

"Starting these three new speculative units onsite, together with our ability to deliver buildings to suit specific requirements as part of our 900,000 sq ft development plan, will allow us to meet occupier requirements and attract significant inward investment for Gloucestershire, in line with our overall purpose of changing places and creating better futures."

St Modwen secured reserved matters consent for the first eight units on site, after outline planning consent was granted in November 2018.

In addition to these new speculative units at St Modwen Park Gloucester, the company can also deliver build-to-suit facilities on the site, perfect for businesses looking to locate next to a motorway junction in a prime location for access to markets and staff.

National planning and development consultancy Turley is providing planning services for the scheme.

Amy Hickson, associate director for Turley said: "Delivery of the business park will make a valuable contribution towards the local economy and provide much needed job creation in close proximity to where people live."

St. Modwen Park Gloucester is one of three St. Modwen sites in Gloucestershire alongside the £22 million Gateway 12 Business Park and £150 million mixed-use scheme at Littlecombe in Dursley.

Read more: Near million sq ft business park will support 1,250 jobs 

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