Leading Midlands commercial developer, Trebor Developments, working with funding partner, Rockspring Property Investment Managers, has announced the appointment of Kier Construction Limited as contractor to deliver the 115,185 sq ft speculative industrial development at Redhill Business Park, Stafford, located a short distance from Junction 14 of the M6.
The £4.5 m construction contract will commence on site in early June, providing a much needed, major, industrial facility within the Staffordshire area, with completion for occupier use in December 2016.
Bob Tattrie, Managing Partner of Trebor Developments, commented, “The appointment of Kier Construction is an important milestone in delivering this high quality, large industrial unit, which we believe will be of keen interest to occupiers looking for strategic manufacturing and/or distribution space within the Staffordshire area. The development is being implemented on a fast track basis to meet increasing demand from occupiers for large accommodation, which is not being developed across Staffordshire or the wider West Midlands”.
Staffordshire’s economy leader Mark Winnington said: “Redhill is one of our key business development sites which is nearing full occupancy. We’re pleased to see Trebor’s appointment of Kier as contractor to deliver the scheme as it means construction can get under way next month. Redhill is really going from strength to strength with ongoing development on other plots. Its success is good news for Staffordshire and brings added confidence to potential investors. It is also further testament to our hard work and demonstrates the commitment of our business partners. Ultimately this will mean more jobs for people in Staffordshire.”
The development is being jointly marketed on behalf of Trebor Developments and Rockspring Property Investment Managers by Avison Young and Jones Lang LaSalle.