A Shropshire commercial property developer has announced the
latest of an unblemished thirty five year history of ultimately
successful planning applications.
The achievement rounds off an excellent year for Shrewsbury
based Mercian Developments Ltd at a time when the difficult
economic climate has forced the demise of many other commercial
developers.
By unanimous decision the firm was granted detailed planning
consent last week for a £12 million redevelopment of
Snedshill Industrial Estate in Telford, bringing significant
investment, improvement and around 70 new jobs to the town, on an
important gateway site which will promote a 31,500 sq ft Wickes DIY
store and a 16,700 sq ft Aldi Store.
Earlier in the year Mercian achieved handover of a new
Sainsburys supermarket in Wombourne ahead of schedule after
achieving 81% support for the scheme from local people. It is also
awaiting the outcome of a planning application for the
redevelopment of Oswestry Livestock Market, a scheme which will
provide a £65 million investment for the town and protect the
long term future of what is one of the country's leading livestock
markets. And in its home town of Shrewsbury the firm is waiting on
planning determination through the LDF for a mixed use retail and
employment scheme on a 14 acre site in association with Diageo
Pension Fund, part of the Guinness Trust.
These and other projects in Shropshire and the Midlands reflect
the strength of both Mercian and the region in terms of their
resilience and ability to survive the recession. Outside the region
Mercian has concluded a site transaction with Sainsburys at
Cardigan after gaining outline planning consent for a food store,
and is now in the process of carrying out a significant
infrastructure package and enabling works for the retail giant
before construction of the new store begins. In another project,
Mercian is working in conjunction with Tesco on the development of
a new food store in Morpeth. The firm has also made a substantial
increase to its investment portfiolio this year with three major
acquisitions in Wales.
Speaking about the family run company's success, Managing
Director Chris Towers said: "Our philosophy is simple, and one that
we have demonstrated time and time again. The key to successful
development is paying absolute attention to detail from inception
through to completion of the project, leaving no stone unturned.
Throughout our property development career we have kept our focus
on quality, design and delivering the project on time. We pride
ourselves on being able to identify 'niche opportunities' which can
be developed profitably and, due to the careful approach we adopt,
we ensure that all aspects of the scheme are delivered."
To date Mercian has ultimately been successful with every
planning application it has submitted and its track record has led
the firm to be retained by some of the country's leading retailers.
As well as achievements in its own right the firm has also enjoyed
successful joint ventures with vendors, fellow developers,
occupiers and funding institutions.