Network Space’s Tunstall Arrow, an £11m speculative industrial development in Stoke-on-Trent has won the Insider West Midlands Property Award in the hotly contested Regeneration Project of the Year category.
The 130,000 sq ft speculative first phase of the scheme was completed with an unprecedented all five units under offer – five detached industrial units ranging from 10,208 sq ft to 43,500 sq ft in size.
Development director at Network Space, Simon Peters, said:
“Industrial property is often considered to be at the less glamorous end of the development sector but, what we’ve shown here is the critical regenerative effect developments of this quality can have on a city. The tenants we’ve secured are all internationally owned – Q-railing, DHL Express, Boels Rental and SG Fleet and also one inward investment – Pramac Generac. This development has established a new high quality business park for the north of the city. We have remediated brownfield land and built high quality buildings which will have a long-lasting positive impact for the area.”
“We are really delighted to win this award and would like to thank all of the people and organisations who made it all possible with particular thanks going to Stoke-on-Trent City Council which has shared our vision since day one.”
The second phase of Tunstall Arrow is due to be brought forward in 2020 to deliver another five high quality detached units ranging from 13,000 sq ft to 30,000 sq ft.