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30/05/2019

Ground-Breaking Ceremony Held For Gloucester Industrial Development

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A ground-breaking ceremony has been held to mark the beginning of construction on a new industrial and logistics development in Gloucester.

The 900,000 sq ft development, adjacent to junction 12 of the M5 motorway, will be delivered by Winvic on behalf of property firm St. Modwen.

The first phase on site – including three units totalling 173,413 sq ft – is expected to complete in December 2019, with the potential to support approximately 230 jobs when occupied.
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St. Modwen can also deliver build-to-suit facilities up to 400,000 sq ft over the coming years, offering flexible warehousing space for businesses looking to move to the site’s prime location.

Pete Davies, Development Director for St. Modwen West and Wales said: "We are delighted that work at St. Modwen Park Gloucester is now underway, and the ground-breaking ceremony marks the first milestone in the successful regeneration of the site. High demand for premium and logistics space with excellent links to the M5 motorway is the driving force behind this building programme, which will allow us to bring significant jobs and inward investment to Gloucestershire. This 900,000 sq ft development is in line with our wider core purpose of changing places and creating better futures."

(CM/MH)

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