Insider Media Limited

Regeneration partnership PxP West Midlands has received planning permission for a £9m speculative development at Bromsgrove Technology Park in Worcestershire. The site will comprise up to 98,000 sq ft of industrial units.

Approval has been granted for flexible general industrial and storage and distribution facilities ranging from 1,400 to 5,300 sq ft on the 6.4 acre site. Once complete, the development has the potential to house up to 260 employees.

Work to begin phase one of the development has been scheduled for early next year, and all four blocks of the phase one buildings will be ready for occupation by mid-2011.

PxP West Midlands is a limited partnership between Advantage West Midlands and property specialist Langtree.

Managing director Mark Stapleton said: “With limited modern or quality industrial space available within a 15 miles radius of Bromsgrove, the granted permission presents a fantastic opportunity for businesses in the region to be located on the already established Bromsgrove Technology Park.

“We are confident in our plans to build speculatively in a climate where others have held back, particularly as we are seeing signs of pent up demand for the type of turnkey solution units that will offer flexible usage with the option of mezzanine office space.

"The site will provide an ideal opportunity for manufacturing businesses to locate to new facilities, which will achieve a BREEAM ‘very good’ sustainable standard in a prime location, offering fast access to the region’s motorway network.”