Leading Midlands commercial developer, Trebor Developments and funding partner, Kay Properties (Midlands) Limited, have submitted a detailed planning application for 102,000 sq ft industrial development, which will be developed at the strategic site at Kingswood Lakeside, Cannock, close to Junction 7 of the M6 Toll and Junction 11/12 of the M6.
The submission of planning will allow the development to be available for occupation during the first half of 2018 and responds to a lack of quality manufacturing distribution premises across the West Midlands.
The announcement of the new scheme, which will be known as “Rapida” at Lakeside, Cannock, coincides with Trebor Developments’ presence at MIPIM, the international property event, where Trebor are one of the sponsors of Make it Stoke on Trent and Staffordshire Inward Investment Service.
Bob Tattrie, Managing Partner of Trebor Developments, on behalf of Trebor and Kay Properties commented, “We are delighted to bring forward a further, major, industrial development in the Midlands and to be developing again in Cannock, following the successful opening of the Gateway Retail Park in 2016. The new building will provide quality accommodation to B2 (manufacturing) or B8 (logistics) users, with its excellent access onto the adjacent motorway network and at 102,000 sq ft represents a size of accommodation that is not currently generally available right across the West Midlands. We look forward to satisfying occupiers requirements.”
Staffordshire County Council’s economic growth leader Mark Winnington said: “Kingswood Lakeside is one of our flagship business parks with major companies operating there. There has been a lot of activity and new development on site recently and the Trebor unit will be another welcome addition. We have worked with Trebor at another of our sites at Redhill in Stafford and look forward to seeing this development in Cannock completed and ready for business. This is further demonstration of investor confidence in Staffordshire which we’re able to showcase at MIPIM.”
Trebor Developments and Kay Properties are represented by joint agents JLL and Knight Frank, Birmingham offices.