Goold Estates has secured planning consent for a new 166,500 sq ft industrial and logistics scheme on a vacant brownfield site in Wolverhampton.
The company intends to speculatively develop 15 warehouse units ranging from 2,500 sq ft to 60,000 sq ft on the 12-acre plot at the Bilston Urban Village employment site in Bilston.
The units will be fitted with photovoltaic roof panels and EV charging points and Goold Estates is targeting a BREEAM Excellent rating for the development.
Remediation work is expected to start on site shortly, with main construction commencing in 2025.
Dominic Goold, managing director of Goold Estates, said: “As a locally based developer, we’re excited by the challenge of regenerating a derelict brownfield site that will bring economic and environmental benefits to Bilston. We know the regional market very well. We have delivered a similar multi-unit employment development in Wolverhampton which is fully let and believe that Foundry Park will attract a high calibre of occupiers.
“This is a site with a complex industrial past, which has been vacant for more than 15 years, so we’ve had to make a significant investment in planning the extensive remediation that will be required before building the scheme. We now look forward to starting the remediation works.”
Councillor Stephen Simkins, leader of City of Wolverhampton Council, said: “This has always been an important site in our overall economic strategy for Bilston and now planning approval has been granted we can look forward to Goold Estates bringing forward another exciting development on brownfield land in Wolverhampton.
“It is a further milestone for Bilston Urban Village, where we have realised our vision of creating hundreds of new affordable homes for families. With that we need more good jobs. The urban village offers extensive areas of open space to enjoy on the doorstep, new schools for kids to learn in, a top-class leisure centre nearby, a family pub/restaurant on tap and further multi-million-pound investment planned for the town centre.
“It is also a great location with purpose-built transport connectivity and the new commercial development will provide hundreds of job opportunities.”
