A Coventry construction firm has landed a contract worth close to £1 million to create a new retail development in the West Midlands.
Deeley Construction has started work on three new retail units on the corner of Oakham Road and Regent Street in Tividale after being appointed by West Midlands based developer Stoford Retail to carry out the work.
The 9,000sq ft scheme, which is expected to be completed in August, will see the creation of a new Co-operative foodstore and veterinary centre.
Negotations are currently taking place with a number of other business interested in the new opportunity.
Martin Gallagher, of Deeley Construction, said: “This is a very significant contract. We are already on-site and anticipate completing the work before the end of the summer.
“It is the first time we have worked with Stoford and look forward to a long-term relationship. We built the nearby Oakham Grange housing development which these units will serve, so it rounds it all off very well.”
The new £950,000 deal marks a strong start to 2012 for Deeley Construction despite the industry being hit by hard times.
The firm has won a number of contracts around the region including Worcester, Coventry, Leamington Spa and Birmingham.
“While the construction industry has undoubtedly suffered in recent years, we have maintained high levels of service and quality of work, which has stood us in good stead in this tough period,” Martin added.
Dominic Stokes, director of Stoford Retail, said the new development was regenerating the site of a former pub and would bring enhanced new amenities for the benefit of the local community.
“We are delighted to be working with Deeley Construction on a project that will help create a new centre for Tividale.”