Land at Smithy Wood ready for business
18 March 2014
A Sheffield developer has launched 29 acres of "oven ready" land at Smithy Wood, which has received Enterprise Zone status.
The news follows the announcement that the Sheffield City Region Enterprise Zone is to increase its size by almost half.
St Paul's Developments is behind the site, which is able to accommodate 500,000 sq ft. Smithy Wood is one of the largest of the nine strategic sites on the LEP's economic growth corridor that have been awarded the coveted EZ status.
Smithy Wood is already known as one of the region's most acclaimed business and industrial parks and has attracted a host of high profile occupiers including Kier, DPD, Medilink UK and Konica Minolta.
David Newton, managing director of St Paul's Developments, saud: "We are delighted to be able to launch this opportunity site complete with all the benefits of the Enterprise Zone status. With nearly all 165,000 sq ft in phases 1 and 2 occupied and increasing confidence returning to the market, it is an opportune time to launch the final 29 acres. The second half of last year saw some of the larger industrial units in the regopm taken off the market by occupiers such as Marks & Spencer and this has resulted in a potential future shortage of sites that can accommodate single units in excess of 300,000 sq ft. This is where Smithy Wood comes into its own as with 29 acres of land ready for development we have the capacity and capabilities to accommodate a broad spectrum of operations from data centres to offices or large warehousing/industrial units.
"To be able to offer such significant EZ benefits to interested occupiers is a huge advantage and will hopefully aid our continued goal of attracting more occupiers, investment and jobs into the region."