IM Properties launches 484,000 sq ft speculative first phase at Peddimore

IM Properties say they will launch a 484,000 sq ft speculative first phase at the £350M Peddimore logistics site in Birmingham.

IM Properties won preferred developer status earlier this spring – beating Prologis and Bericote - and now expect to submit a planning application November.
The scheme could deliver 3 million sq ft  of new floorspace for a Birmingham industrial market starved of new development.
The 160 acre site is close to junction 9 of the M42 motorway, either side of the A38 Sutton Coldfield bypass, adds to a  formidable list of IM Properties schemes in the region including Blythe Valley and Birmingham's The Hub.