Liberty Property Trust and Birmingham-based developer Stoford, are poised to submit plans to speculatively build more than 160,000 sq ft of industrial and warehouse space in Lichfield, Staffordshire.
Plans for the £38m site include three units of 102,000 sq ft, 31,500 sq ft and 27,000 sq ft to be built at Liberty Park.
The detailed planning application will be submitted this month and could see construction start in the summer. The development already has an outline planning consent for a total development of 441,000 sq ft.
Liberty’s managing director, Andrew Blevins, said: “Our investment in these speculative units is in response to demand in an undersupplied market and to our belief in Liberty Park’s excellent location adjacent to the A38 and close to the M6 Toll.”
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