Green light for commercial space on 28-acre Shrewsbury site

Morris Property has been granted planning permission for commercial space at its 28-acre site on Oteley Road in Shrewsbury.Units ranging from 1,850 sq ft to 175,000 sq ft will be available to purchase or rent from Summer 2024 at Stadium Point. Once completed, more than 350 jobs will be based on the site.The development will have build-to-suit opportunities and amenities, including public transport access, cycle storage, and electric vehicle parking. The site also features a footpath network with landscaped break-out areas.Additionally, Stadium Point is near a Lidl supermarket, and Meole Brace Retail Park that features brands such as Marks & Spencer Food Store, Sainsbury’s, Next, and Boots.Chris Morris, Director, of Morris Property, said: “Despite keen demand for business units on this side of the town, we are aware that economic times remain tough, so we have designed our units to be cost and energy-efficient. We are providing flexible commercial space ranging from 1,850 sq ft to 175,000 sq ft underpinned by Morris Property’s assurance of quality build and service.“We have been working closely with Shropshire Council as supporters of inward investment serving Shropshire and Mid Wales and, in partnership with the WMCA and Frontier Development Capital (FDC), we are excited to be transforming this site into a vibrant commercial centre.”Andy Street, Mayor of the West Midlands and WMCA Chair, said: “It’s been a challenging couple of years for the West Midlands region but throughout that time the WMCA has continued to invest in schemes such as Stadium Point to help drive economic growth.“These investments are providing new commercial spaces for our job-creating businesses so it’s great to see this latest scheme getting underway. Once completed we expect upwards of 350 jobs based on the site, which is great news for local people and the town’s economy.”Kieren Turner-Owen, associate director of FDC said: “FDC are privileged to be working alongside Morris again after our successful funding of Paragon Point, Telford. The loan facility being provided for the speculative industrial development at Stadium Point is a prime example of how the WMCA funding* can be deployed, accelerating job creation in the region. Stadium Point highlights Shrewsbury and the wider West Midlands’ excellent industrial offerings and we very much look forward to seeing the progress over the coming months.”