WORK has been completed on the second and final phase of a multimillion-pound logistics and manufacturing development.

Commercial property developer Stoford has developed almost 450,000 sq ft of the new logistics site at Redditch Gateway.

Two prime logistics buildings have been developed on the southern parcel of the 78-acre site, on the eastern fringes of Redditch.

European specialist logistics investor Blackbrook funded phase two of the scheme and has acquired the freehold interest in both new buildings.

Stoford is the development partner for Redditch Gateway South, working alongside landowners, The Gorcott Trust and Homes England.

It delivered a warehouse unit during phase one of Redditch Gateway, which was pre-let to Amazon, and a £6.5 million investment in infrastructure works, including a signalised traffic junction.

Dan Gallagher, joint managing director of Stoford, said: “We are incredibly proud to have worked with Blackbrook to bring these two outstanding new logistics units to the market.

"At the heart of the Redditch Gateway scheme is the collective desire of several stakeholders to deliver more commercial space for businesses in Worcestershire.

"These highly specified buildings offer significant benefits to occupiers, with an excellent power supply and connectivity, and future-proof ESG credentials.”

Councillor Matt Dormer, leader of Redditch Borough Council, said: “We welcome the completion of this massive investment, which will now create even more new business, new jobs, and new prospects for people in Redditch and the surrounding area.”

Councillor Karen May, leader of Bromsgrove District Council, added: “It’s great that this investment will now offer more opportunities for employment and economic growth in our area.

"Good businesses understand how good for business it is to set up in Bromsgrove District, and we look forward to this gateway site going from strength to strength.”