J Tomlinson has begun construction of a multimillion-pound speculative development of a range of industrial and warehouse units at a key Midlands site.
Commercial property company Goold Estates expects the scheme of about 70,000 sq ft of units at Steelpark Trading Estate, Wednesfield, in the West Midlands to attract significant investment and generate dozens of new jobs.
Managing director (construction) of Nottingham-based J Tomlinson, Martin Gallagher, said: “We are very pleased to be involved in this speculative development. As a company, J Tomlinson has wide experience of designing and constructing industrial and warehouse units across the Midlands for a range of clients. We are delighted to be working with Goold Estates for the first time.
“Our presence in the West Midlands has gone from strength to strength, supported by our growing office in Canwell, near Sutton Coldfield, and we are looking forward to continuing our relationship with existing clients in the region and also developing relationships with new clients like Goold Estates – helping them to create first-class developments.”
The Steelpark Trading Estate development is expected to reach practical completion early in 2018.
Dominic Goold, managing director of Walsall-based Goold Estates, said: “It is great to see construction underway. We are looking forward to delivering a high-quality development, which will attract investment and jobs to the region.
“The Steelpark site, which is adjacent to the Tata Steel Automotive Service Centre, has been vacant and available for development for many years. We acquired it in September last year and we’ve acted quickly to secure planning consent and get the development underway.
“All of the units are being built speculatively, for sale or lease, because we are confident there is a strong demand in the market. These will be high quality industrial units in a sought-after location with excellent access to the motorway network, being just 4.6 miles west of J10 M6 and four miles south of J1 M54.”
Finance Birmingham has arranged speculative development finance to help fund the project through the West Midlands Combined Authority Collective Investment Fund CIF.
Councillor John Reynolds, City of Wolverhampton Council Cabinet Member for City Economy, said: “There is £3.7 billion of investment on site or in the pipeline in the City of Wolverhampton and this is another boost for our regeneration plans.
“The Steelpark Trading Estate development will bring back to life a site that has been redundant for many years, while at the same time protect wildlife in the area. It shows there is confidence in investing in Wolverhampton and most importantly it will bring dozens of jobs to the city.”
J Tomlinson, which last year opened a new West Midlands headquarters at Canwell after experiencing expansion in the region, provides a range of integrated building solutions including construction, refurbishment, repairs and maintenance, mechanical and electrical services (M&E), and facilities management. It operates across the East Midlands, West Midlands and Yorkshire.