Work starts on next phase of development at a Shrewsbury business park
Nine new units of commercial space are being built at Stadium Point in Shrewsbury
Construction work has started on the next phase of development at a Shrewsbury business park.
Morris & Company is leading the project to create new commercial space on its Stadium Point complex.
This next phase of work will comprise nine new units ranging from 3,375 sq ft to 23,950 sq ft across 3.4 acres of land and it is backed by funding from the West Midlands Combined Authority and Frontier Development Capital.
The 28-acre estate is off Oteley Road and sits next to Shrewsbury Town's Croud Meadow stadium and, once completed, is expected to house upwards of 350 jobs.
Current tenants on the estate include boiler manufacturer Warmflow and pump maker Börger UK, both of which relocated from outside the county.
Morris & Company director Chris Morris said: "Kicking off this next phase of activity is testament to how the business community has responded to the modern commercial space we are creating here.
"Against the continuing economic backdrop, this positive response has given us the confidence to continue to invest and grow this prime site - good news for the community here, for the town and area at large."
Head of development Liz Lowe added: "The quality of build, sustainability and security credentials at Stadium Point have already attracted businesses.
"This new phase will be highly visible from the Shrewsbury bypass offering outstanding branding opportunities for businesses."
Kieren Turner-Owen, investment director at Frontier Development Capital, said: "Having funded the successful first phase of development at Stadium Point, the opportunity to continue our relationship and provide additional funding for this next phase is one we are privileged to take.
"It has been fantastic seeing the transformation and uptake at Stadium Point so far and I look forward to continuing to see the development evolve."
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