Midlands developer St Modwen has signed a deal with Tata Steel that clears the way to an 800K SF logistics development.
St. Modwen has purchased the last 46 acres of land at St. Modwen Park Stoke Central, Stoke-on-Trent, from Tata.
The move adds to the 376,000 sq fr of logistics floorspace already at the Etruria Valley site.
In its heyday, Shelton Iron and Steelworks employed more than 3,000 people and produced over 400,000 tonnes of steel each year.
“Acquiring the final 46-acres from Tata Steel is significant as it’s the culmination of decades of work bringing disused land back to use,” St Modwen Senior Director Ian Romano said.
“We are continuing to push forward our regeneration work in the region, with a focus on industrial and logistics space. We are committed to attracting further inward investment and creating more employment opportunities for the people of Stoke-on-Trent.”