World class Worcestershire welcomed rugby World Cup winner Neil Back when plans for an exciting new £120 million business park were unveiled in front of property experts from across the Midlands.
Worcester Six, which will create over 5,000 jobs, came under the spotlight at Spetchley Park as more than 50 property professionals learned more about the many opportunities the development offers potential occupiers.
Worcester Six will provide up to 1.5 million sq ft of accommodation in a range of high quality business units. Work has started on a £10million infrastructure package and is progressing well.
It was recently announced that a £15 million speculative funding deal has been agreed with an overseas investor for two large commercial units to be built at the site near junction six of the M5. Dan Gallagher and Gerard Ludlow, of developers Stoford, explained how the development would progress.
Dan, joint managing director of developer Stoford, told them that very good progress was being made at the site. The units have been designed for a variety of employment uses to include technology, manufacturing, industrial and warehousing.
Director Gerard Ludlow highlighted the development’s excellent location just off the M5, and explained that the speculative development of two units could provide potential occupiers with the opportunity to relocate to Worcester Six within 12 months.
Highways improvements to access the site have been funded by Worcestershire Local Enterprise Partnership through the Growth Deal. The £4m project to upgrade Pershore Lane will provide access to Worcester Six as well as improve traffic flow to Junction 6 of the M5 motorway.
Stoford was appointed development partner by landowner The Spetchley Estate. The development site has been identified within Worcestershire’s Strategic Economic Plan as one of four ‘game changer’ sites – key employment sites seen as important in driving the county’s economic future prosperity, and is expected to create 5,000 new jobs.
Neil, an England and British Lions rugby legend who was part of the 2003 World Cup winning team, entertained guests at the launch event with stories from his playing and coaching career. Guests also took the unexpected opportunity to handle a world cup winner’s medal.
Stoford is a leading specialist in occupier-focused development. It has delivered over 10 million sq ft of pre-let development and in 2012 to 2014 had more than 1.5 million sq ft of pre-let space under construction throughout the UK.
Agents on Worcester Six are Strutt & Parker and Harris Lamb.
