Pictured: Mark Stapleton from PxP West Midlands and Cllr
Roger Hollingworth, Leader of Bromsgrove District Council at the
opening of Sapphire Court
Regeneration partnership PxP West Midlands has today held an
event to launch Sapphire Court; the first phase of its £9
million speculative industrial development at Bromsgrove Technology
Park, Worcestershire.
Cllr Roger Hollingworth, Leader of Bromsgrove District Council,
officially opened Sapphire Court, which comprises 13 commercial
units specifically targeted at local entrepreneurial companies. At
the launch event PxP West Midlands announced that one of the units
had already been let to Euro Foods Ltd, with another unit under
offer.
Cllr Roger Hollingworth said: "PxP West Midlands has
demonstrated tremendous vision to deliver a development of this
quality in the current market. It is one of the first speculative
developments to be completed in the entire West Midlands since the
economic downturn, so I am very proud that the £9 million
investment is being ploughed into Bromsgrove.
"Sapphire Court's 13 high quality commercial units are ideal for
growing businesses that have out-grown an incubation centre and
need more space to develop their offering and accommodate more
staff. This courtyard development supports our strategy for
economic development in the district by helping small businesses to
flourish and generating many new jobs for local people."
The first phase of Sapphire Court features a combination of B1,
B2 (general industrial) and B8 (storage and distribution) units,
totalling 35,550 sq ft. The units have been constructed to a high
standard offering self-contained, secure and BREEAM 'Very Good'
units ranging in size from 1,402 to 5,378 sq ft.
Mark Stapleton, managing director at PxP West Midlands,
commented: "It is so rewarding to announce that two of the 13 units
at Sapphire Court have already been matched with occupiers in time
for the launch event. We are also working with a number of other
interested parties and are confident that this development will be
a success, as well as meeting the needs of the local
market."
Mark Stapleton continued: "There are so many ambitious small
businesses in this area, which is what gave us the confidence to
invest in this development project in the first place. We also have
outline planning consent for design and build opportunities of up
to 62,450 sq ft and look forward to progressing with these bespoke
properties, which will inject further investment into Bromsgrove
Technology Park."
Additional hard standing and roads have been laid around the 6.4
acre site in preparation for the future phases, reinforcing PxP
West Midlands' commitment to the long-term vision for Bromsgrove
Technology Park. When completed, the overall scheme will
offer 98,000 sq ft of flexible industrial units, all rated to a
BREEAM 'very good' sustainable standard.
Sapphire Court demonstrates the high calibre of property which
PxP West Midlands is focused on delivering. Each property
offers a single loading door, separate pedestrian access,
designated car parking spaces, toilet facilities, incoming services
and intruder alarms. Three of the units have purpose-built offices
of a high specification and each unit is designed to allow the
installation of a mezzanine floor and additional office content if
required. The feature glazing and extended eaves heights stand
these newly built units apart as a product that is unparalleled in
the area.
Sapphire Court is the largest project undertaken by PxP West
Midlands to date. PxP West Midlands is a private-public partnership
between developer Langtree and the Homes and Communities Agency.
The partnership has worked very closely with Bromsgrove District
Council to bring this development forward.
Bromsgrove Technology Park is located in a prime position off
the A38 at Isidore Road, Aston Fields, in close proximity to the
M42 and M5, providing easy access to the nearby M40 and M6.
Properties at Sapphire Court are available for immediate occupation
and interested parties should contact PxP West Midlands on 0845 054
0466 or commercial property agent Thomas Lister on 01527 871
640.