Stoford has been appointed as delivery partner to support proposals for strategic employment land in Shropshire, West Midlands.
Around 16ha of new commercial floorspace is expected to be delivered on the 39ha site, owned by Ruckley Estate and Harrow Estates, next to Shifnal Industrial Estate near junction 3 of the M54.
Market sources told EG that the scheme could span more than 1m sq ft of industrial and logistics facilities.
Keith Ashbourne of Ruckley Estate said: “This development will mean jobs on the doorstep for the people of Shifnal.”
Andy Hartwright, land director at Stoford, added: “There are already several interested parties in the site given its accessible location near Telford and Wolverhampton, in a region starved of quality development opportunities.”
The site is being marketed by Fisher German.
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