The 135-hectare scheme, dubbed Thrive Park, will ship 3 million sq ft of business area, with round a 3rd earmarked for superior manufacturing.
IM Properties mentioned the park would assist deal with a important scarcity of employment land within the area, with only one yr’s strategic provide remaining alongside the M42 hall.
If permitted, Thrive might be developed in phases and embrace area for start-ups, producers and logistics companies inside a landscaped setting that includes orchards, allotments and lakes.
Growth director Lewis Payne mentioned: “The West Midlands wants a brand new employment web site to help home high-quality superior manufacturing, R&D and logistics. Thrive is central to supporting the area’s industrial technique.”
Buildings for start-ups would be the UK’s first industrial models designed to Passivhaus requirements, and the entire web site will help all-electric operations. A central mobility hub will provide e-scooters, EV charging and buses.
The plan spans each North Warwickshire Borough Council and Birmingham Metropolis Council areas.
