Friday, 30 July 2021
Euro Garages development site hailed as major success for Telford Land Deal, creating space for new business and jobs
Just three years after getting the green light, the Euro Garages development at Hadley is proving another major success for the Telford Land Deal programme, on track to create 155 jobs in total.
Working with private developers, the three-way partnership between Telford & Wrekin Council, Homes England, and the Marches Local Enterprise Partnership (LEP) has transformed unused sites across the borough, paving the way for new homes, businesses, and jobs.
Euro Garages – which also owns Asda and the Leon restaurant chain – bought the four-acre site at Hadley Park East in a £1.2 million deal with the Telford Land Deal board as the basis for a £6.5 million investment project.
Three years later the site is home to a Euro Garages service station, a Sainsbury’s Local store, Greggs, a Burger King drive-through and a branch of Screwfix. Just one unit remains empty – although several parties are interested – while Unit 5/6 on the site is currently being fitted out for its new occupier.
Cllr David Wright, Cabinet Member for Economy, Housing, Transport and Infrastructure at Telford & Wrekin Council, said: “This is exactly the kind of success we were aiming to achieve when we first developed the Telford Land Deal with our partners. Vacant sites are now home to thriving business, creating scores of jobs for local people, and boosting the economy of this borough.
“Euro Garages have been the ideal developer, transforming this site at pace to bring those benefits forward as rapidly as possible. The Telford Land Deal programme works, for the partners, for businesses and for local residents.”
David Myers, Shareholder Property Director at EG Group, commented: “Hadley Park is exactly the type of area we like to trade from benefitting from excellent visibility, good connectivity and adjacent business drivers. Hadley Park was one of our wider Group’s embryonic mixed-use developments, complementing our best-in-class retail offer with our expertise as a traditional developer of employment space. We are pleased to be trading very strongly from the EG retail elements since opening and delighted all employment units are now all let, with the final unit under offer to another national occupier creating new jobs and services for local residents.
We have thankful for the support from Telford and Wrekin Council throughout our development process and look forward to identifying further development opportunities with the team in future”.
Mandy Thorn MBE, chair of The Marches Enterprise Local Partnership, said: “This is another example of how the LEP’s unique method of partnership working is helping to bring jobs and new investment to our region.
“The Telford Land Deal is a first-class example of what can be achieved for the whole community when we work together with our partners in the public sector, business community and academia for the benefit of everybody.”
Lucy Blasdale, development director at Homes England, added: “This is just another example of how successful the Telford Land Deal has become in generating investment, growth and jobs across the Borough of Telford & Wrekin. Homes England is delighted to continue working in partnership with Telford & Wrekin Council and the Marches Local Enterprise Partnership in the delivery of development opportunities to business investors and local businesses in this way.”
Since it was launched five years ago the Telford Land Deal has created hundreds of homes and more than a thousand jobs, enabling the disposal of public land through upfront investment and site preparation. Brownfield sites and stalled developments are now thriving, generating income for the local area as the partners target 2,800 new homes, 8,500 jobs and 300,000 sqm of commercial floor space over 10 years.
You may be interested in:
Monday, 08 November 2021
Telford trio create new homes on thei...
A Telford trio is helping to build a lasting housing legacy at Newcomen Way.
Tuesday, 02 November 2021
Ni.PARK lands CECA Midlands project o...
Newport Innovation Park has won a prestigious award in recognition of high quality work to ensure the ambitious project has been delivered on time and to budget during...
Tuesday, 26 October 2021
First phase of Ni.PARK is ready for o...
he first phase of development at Ni.PARK, Telford & Wrekin Council’s newest business park, which is a £4 million scheme to create a world-leading agri-tech research an...