Jobs on way with firms £50m HQ by M54
Plans for a one million sq ft major warehousing and logistics development near the Shropshire border could bring 1,500 new jobs to the area, say developers.
One unnamed component manufacturing company has already signed a deal with property investment company Tritax Big Box to take a 543,000 sq ft unit on the site before it is even built.
If the plan gets the green light from South Staffordshire Council, Tritax will then lend developer Bericote £56.3 million to build the logistics and headquarters building.
It is the first of four large warehousing facilities proposed for the site by Bericote, north of the M54 near Brewood.
Together they would cover 1.1 million sq ft and could provide jobs for more than 1,500 people, says the developer.
Bericote has submitted a detailed planning application for the four buildings on 63 acres of land off Gravelly Way, in Four Ashes, part of which used to be a chemical works.
The proposals have had a cautious reception from Stafford MP Jeremy Lefroy, who said: "We need to see the details on this but in principle I am in favour of anything creating this number of jobs.
"Brownfield sites are something I want to see developed and used for employment purposes.
"In South Staffordshire we don't want to see continuance between the West Midlands conurbation and Stafford. It is vital we have green land there.
"But I will always support development on brownfield land."
Work has already been carried out on traffic controlled access and road widening for the site as part of the £82.2 million Staffordshire Growth Deal, which saw Government cash ploughed into developments across the county.
The work at Four Ashes saw access to the A449 upgraded with new traffic signals, the bridge over the Stafford and Worcestershire canal has been widened and priority control over the rail bridge will favour incoming traffic to the development.
A new road will link the Gravelly Way roundabout to the development site. Work on the first warehouse is due to start next month, if planning permission is secured, with work completed by next July.
The 50ft tall facility will have a gross internal area of 543,692 sq ft with expansion land to accommodate up to a further 101,139 sq ft.
Bericote says its plans could see up to £120 million invested in the area, once firms have taken the other three logistics units, which measure 270,300 sq ft, 176,400 sq ft and 37,070 sq ft.
Bericote has a track record for delivering large-scale logistics and warehousing projects.
It developed a £40m logistics warehouse for Rolls-Royce at Bognor Regis and this year is building a 563,000 sq ft internet delivery warehouse for online supermarket Ocado at Erith in London.
Colin Godfrey, a partner of Tritax, said: "We are very pleased to be investing in this new logistics facility and UK headquarters which will benefit from significant capital investment by the tenant with the capacity to expand the unit to accommodate future growth plans.
"This is our seventh pre-let forward funded development and the third with Bericote, one of the UK's leading developers of Big Box assets, following the successful completion of the Rolls-Royce Motor Cars and Ocado facilities," he added.