Construction starts on Richardson Barberry 'mid-box' project
A pair of West Midlands developers have started work on a 40-acre business park that will help create hundreds of new jobs.
Construction is under way on the first phase of the multi-million pound business park in the South West, joint venture property developer Richardson Barberry has revealed.
It is a joint venture between the Belbroughton-based Barberry Group and Richardson, the Oldbury property group created by Black Country tycoon Roy Richardson and his late brother Don.
The speculative development of phase one – five industrial units, totalling 174,500 sq ft - is underway at the site in Bristol, which was acquired by Richardson Barberry late last year.
The site is capable of accommodating 556,000 sq ft of 'mid-box' industrial units. Vinci Construction UK has been appointed and are now on site delivering the scheme, known as More +, Central Park.
It is the final industrial phase of the already highly successful 350-acre Central Park and will comprise 11 buildings ranging in size from 13,200 sq ft to 105,000 sq ft. Central Park already boasts major occupiers including The Range, DHL, Amazon, Lidl and Farmfoods.
Jonathan Robinson, development director of Barberry, said: “With the estate road now complete we have started construction of the first five units. There is significant pent up demand in the region for mid box units, which is why we are confident that speculative development is the right strategy for this site.
“The scheme will bring around 700 new jobs to Bristol and provide a boost in jobs for the construction sector.”
Mark Watkins, a director at Richardson, said: “We’re delighted to get to the point where construction of phase one of our Central Park development is underway. We are very much looking forward to delivering units of a size and quality that are in high demand in this region.”
Central Park is one of the region’s largest logistics hubs, which borders the M49 in Avonmouth. Richardson Barberry already has several interested parties who have expressed an interest in leasing or purchasing a unit.
