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Key Shropshire development sites marketed at French show

By James Pugh | Shrewsbury | Property | Published:

Landmark sites earmarked for future development in Shropshire have been showcased to potential European investors.

Flaxmill Maltings is one of the investment opportunities on offer

They include Shrewsbury’s Flaxmill Maltings, the former Ironbridge Power Station, 200 acres of development-ready land in Telford and Clive Barracks at Tern Hill.

They are recognised as key investment sites planned for development to create homes and jobs across the region.

A delegation has travelled to the international MIPIM property exhibition in the French resort of Cannes in a bid to bring millions of pounds of investment into Shropshire.

The Invest in Shropshire team

A promotional film showcasing the development opportunities and the county’s outstanding natural environment has been developed, as well as promotional brochures detailing investment sites.

Shropshire Council said it has a vision of giving historic buildings and estates a range of modern uses, creating inspiring places to live, work and invest.

The Flaxmill Maltings in Shrewsbury, the world’s first iron-framed building, will be available to the market by 2021, providing four floors and 28,000 sq ft of luxury office space.

It is seen as a key project which Ian Morrison, Historic England’s national planning director, launched during the presentation to European investors.

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The Shropshire site is being marketed as part of the Midlands UK delegation to the event in Cannes, which ends today.

Shropshire has also chosen to highlight the former Ironbridge Power Station, which is in the process of being demolished, Clive Barracks at Tern Hill, which will be closed by 2022, and Oswestry’s proposed Innovation Park, which is hoped will attract leading firms and create hundreds of jobs.

Nic Laurens, Shropshire Council's cabinet member for economic growth, said: "I'm excited that we've finally shown the world that we have fantastic investment opportunities in our county, which also happens to be one of the most attractive locations in the UK to live, work and invest.

"Our presentation was incredibly well received, and alongside the many meetings we have had with developers over the week, we are confident we have done our job and truly put Shropshire on the map, and on the world stage."

James Pugh

By James Pugh
@JamesP_Star

Shropshire Star Business and Farming Editor.

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