Construction of £9m warehouse starts
Construction has started at a £9m speculative warehouse development in Wolverhampton.
Property developer Barberry Industrial has appointed A&H Construction to deliver the scheme on a 3.5-acre site at Well Lane.
A 55,575 sq ft unit will be delivered on the site, which Barberry acquired from ASSA ABLOY for an undisclosed sum.
Called Barberry 55, the development will be a highly specified Grade A building with 10-metre clear height eaves, 2,965 sq ft of internal offices, 45 car parking spaces and 50-metre yard depth, with dock and level access loading provision. It is expected to reach practical completion in Q3, 2022.
Jon Robinson, development director at Barberry, said: “This start on site marks another great occasion in our quest to deliver another one of our market leading speculative developments comprising a new, Grade A industrial and logistics hub in Wolverhampton.
“We believe our new building will create the much needed quality accommodation for local, regional and national businesses to expand their operations within the Midlands creating much needed new jobs. We have seen significant occupier demand for new industrial and warehouse units of this size and specification, and we expect there to be a great deal of interest in Barberry 55.
“It perfectly complements the many other projects we have delivered within the region where we have delivered best in class, Grade A buildings. Our latest investment is expected to generate around 120 jobs, making a significant contribution to the local economy.”
Kieren Turner-Owen, associate director property at Frontier Development Capital, said: “Demand for high quality industrial and logistics space continues to grow in the West Midlands. Barberry 55 will help address the shortage of Grade A industrial accommodation. We are delighted to be working with Barberry on another scheme that unlocks unused brownfield land and helps deliver economic growth to the region.”
Robert Mottram, director, of A&H Construction, said: “We are delighted to have secured this construction tender and are very much looking forward to working with Barberry in delivering this project within the heart of Wolverhampton.”
