IM Properties has begun the speculative development of two logistics units at its 400 acre Birch Coppice Business Park in the West Midlands.
The two units, measuring 165,600 sq ft and 168,900 sq ft, are being built at the North Warwickshire business park by McLaren Construction and are due to complete in January 2014.
IM Properties’ decision to speculatively build large scale sheds marks an industry first – there has been no speculative construction of standard distribution units over 100,000 sq ft since 2008.
Situated in Dordon at Junction 10 of the M42, the 400 acre Birch Coppice Business Park is the West Midlands’ largest rail-served development site and one of the regions’ biggest employment success stories. It is home to occupants including Ocado, UPS, Volkswagen Group, Euro Car Parts and Roadways Container Logistics.
l-r: Stephen Baldwin, Stephen Cullen and David Wheeler of McLaren with Kevin Ashfield and Jason Jasper of IM Properties.