Shortages stymie demand

Article Abstract:

Industrial investment in Birmingham, England, is being curtailed by a lack of suitable land for development. Some brownfield sites are available but these are often contaminated. Business enterprises already situated in the Birmingham area are finding it difficult to relocate or expand. Some local agents suggest that the situation would be eased if the northern relief road was built whilst others call for the release of greenfield sites for industrial development. Land prices remain stable at around 5 pounds sterling per sq ft for a medium -sized building despite the lack of land.

Birmingham, England

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Market towns' day

Article Abstract:

Stafford, South Staffordshire, England, has been suffering from a poor supply of land suitable for development. The town also lacks a sufficient variety of retail outlets. Lichfield, South Staffordshire is benefitting from the redevelopment of the 300 acre site at Fradley Park particularly for warehouses and distribution businesses. Burton upon Trent is very popular with a several well-known firms moving into the Centrum Business Park. Demand for industrial sites in South Staffordshire has been assisted by the construction of the new A50 road which links the M1 and M6 motorways.

Administration of Urban Planning and Community and Rural Development, Urban Planning & Develop-State, Analysis, Real estate development, Urban planning, Staffordshire, England

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New vein of growth

Article Abstract:

The Dearne Valley enterprise zone in South Yorkshire, England, is undergoing massive redevelopment to change the former mining area into a prime site for commercial investment. The project has been funded by a combination of private investment and public funding of some 176 million pounds sterling. Three Korean companies are planning to move into the area which covers over 1,600 acres. Outside the enterprise zones industrial development has been slow although local agents forecast that demand should improve particularly for quality sites in Sheffield, England.

Industrial Bldgs & Warehouses, Yorkshire, England, Enterprise zones

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