A scheme to bring 400 new jobs to Stoke-on-Trent has taken a major step forward. The second phase of the Tunstall Arrow Business Park;is now complete and has been bought by property developer 4th Industrial.
It represents 111,400 sq ft of industrial and logistics space ready to be filled by major UK firms. Once complete, units built as part of phase one were let by 4th Industrial within three months.
DHL Express and SG Fleet were among major companies to lease phase-one space. And one new tenant has already snapped up a phase-two site - tool and equipment hire firm Speedy Services, reports The Business Desk.
The site, off James Brindley Way, in Sandyford, was completed and sold by Network Space Developments (NSD). Across both phases, there are 10 large units expected to create hundreds of jobs; when leased.
Stephen Barnes, managing director at NSD, told The Business Desk: "We are very proud of the Tunstall Arrow development, now a well-established industrial and logistics location in the heart of the Ceramic Valley.
"We've successfully attracted new occupiers to the area, creating jobs and supply side opportunities with more to come as the final units are occupied.
"Stoke-on-Trent City Council had the foresight to support this scheme from the outset and is now enjoying the benefits of that ambition
"It has been a pleasure to complete another transaction with 4th Industrial, who we have a strong investor/developer relationship with, and we look forward to working with them again in the future."
David Nunn, head of estate management for Speedy Services, said: "Unit 5 has everything we have been looking for in a significant North West site that will help us serve clients across the Stoke-on-Trent region.
"Becoming a carbon net zero business is core to our strategy, and the site's excellent location and high-quality build that came with an energy performance certificate (EPC) A rating will also help Speedy to recruit and retain the best staff for our new centre."
Original articale can be found here: https://www.stokesentinel.co.uk/news/business/huge-new-business-park-bring-8121498