Firethorn Trust, has secured planning permission to regenerate the 42.5 acre brownfield site as the Link Logistics Park.
Construction is due to commence on site close to junction 7 of the M53 motorway, in January 2022, with completion expected within 10 months by late 2022.
Paul Martin, Development Director at Firethorn Trust, said: “Link Logistics Park is a hugely exciting addition to our expanding portfolio. We are continuing to work closely with the local council to ensure the swift delivery of a high-quality scheme that will bring significant and long-lasting economic benefits to the wider region.
“Delivered as net-zero carbon in construction, with a BREEAM ‘Excellent’ specification, we look forward to transforming this brownfield site into a modern and sustainable industrial development, which is expected to attract significant interest from major occupiers.
The scheme will have a power supply of up to 25MvA, and eaves heights of up to 25m.
Agents are CBRE, B8 Real Estate and Moriarty & Company.