Brackley Property Developments (BPD) has entered into a development funding agreement with Leicester City Council for the redevelopment of a former council depot site into light industrial units.
The existing buildings at the Ian Marlow Centre on Blackbird Road will be cleared to make way for the development of 21 units offering circa 30,400 sq ft of light industrial space. BDP was chosen by Leicester City Council following a competitive tendering process.
Demolition is expected to start this month and a full planning application for the scheme will be submitted for approval shortly. If consent is granted, BPD could start construction of the scheme later this year/early 2024.
Stephen Pedrick-Moyle, managing director of BPD, said: “This development will deliver much-needed small business units for occupiers in the city. We plan to clear the site and develop high-quality, light industrial accommodation that will contribute to the council’s efforts to attract and retain high-tech industries in the city. It will not only promote business growth but has the potential to create skilled employment opportunities.”
