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PRIVACY
Commercial Property

10,000 jobs to be created at Peddimore industrial site

The city's next major development site to be marketed at MIPIM property conference in Cannes this week

How Peddmore development could look

Birmingham's next major industrial development will create up to 10,000 new jobs and contribute £350 million to the local economy, experts have claimed.

The controversial release of 175 acres of green belt land at Peddimore near has finally been approved after and public inquiry.

And today city bosses have released a Peddimore Visioning Document to pitch to potential investors and developers attending the conference in Cannes.

It is one of the º£½ÇÊÓÆµ's biggest industrial development sites with 2.85 million sq ft of floorspace and access to a highly skilled workforce.

City council leader John Clancy said: "Peddimore shows our ambition to deliver an exemplary industrial scheme that will become a catalyst for major growth and investment.

"This is a fantastic opportunity to bring thousands of skilled jobs to the area on the edge of our great city with enviable transport links.

"We're confident that this scheme will attract even more world-class businesses to the region and I believe that presenting this Visioning Document at MIPIM will be the first step toward delivering a true legacy in the local area."

Peddimore, on the eastern edge of the city, lies along the A38 corridor which is already home to major industry including the Jaguar Land Rover plant at Castle Bromwich, GKN and Webasto.