Updated
Updated · greaterbirminghamchambers.com · Jun 8
IM Properties Seeks Approval for 46,888-Sq-Ft Wythall Unit, Targeting 150 Jobs
Updated
Updated · greaterbirminghamchambers.com · Jun 8

IM Properties Seeks Approval for 46,888-Sq-Ft Wythall Unit, Targeting 150 Jobs

1 articles · Updated · greaterbirminghamchambers.com · Jun 8

Summary

  • IM Properties has filed plans with Bromsgrove District Council for a 46,888 sq ft industrial unit at Wythall Green off Middle Lane, next to Wythall Green Business Park.
  • The scheme is aimed at easing a severe shortage of industrial space in Bromsgrove, where the developer says immediate availability is limited despite strong demand from firms looking to locate or expand.
  • Up to 150 direct and indirect jobs could be created, while the development is projected to generate about £100,000 a year in business rates.
  • The site lies about 10 miles south of Birmingham and near Junction 3 of the M42, a location IM Properties says is already drawing interest from potential occupiers and could help keep more residents working locally.

Insights

A nearby business park missed its jobs target by 80%. Can this new development avoid that same fate for Bromsgrove?
With billions in road funding, is the M42 corridor's future more about warehouses than it is about local communities?