Stadium Point Business Park heralds next phase of development

We have announced the next phase of development at our flagship business park, Stadium Point, as it breaks ground with the first steel frame out of the ground. Having secured further funding with the WMCA* & Frontier Development Capital (FDC), nine new units ranging from 3,375 sq ft to 23,950 sq ft will be constructed on a further 3.4 acres, consolidating the already-thriving new business location.

Chris Morris underlined the fifth-generation company’s commitment to its landmark 28 acre site: “Kicking off this next phase of activity is testament to how the business community has responded to the modern commercial space we are creating here.

“Against the continuing economic backdrop, this positive response has given us the confidence to continue to invest and grow this prime site – good news for the community here, and for the town and area at large,” he commented.

Liz Lowe, Head of Development at Morris added: “The quality of build, sustainability and security credentials at Stadium Point have already attracted businesses ranging from Warmflow, to Borger – both of which relocated from outside the county – which in turn is creating a flourishing business community here. This new phase will be highly visible from the Shrewsbury bypass offering outstanding branding opportunities for businesses.”

Kieren Turner-Owen, Investment Director, FDC commented: “Having funded the successful first phase of development at Stadium Point, the opportunity to continue our relationship and provide additional funding for this next phase is one we are privileged to take.  It has been fantastic seeing the transformation and uptake at Stadium Point so far, and I look forward to continuing to see the development evolve.”

Accessible for transport with its easy access to the A5, connectivity to Telford and the motorway network, the site also benefits from proximity to the established Meole Brace Retail Park and the Council’s recently launched Hazeldine Park making it an attractive proposition for business and staff welfare alike.

Once completed, Stadium Point is expected to house upwards of 350 jobs, supporting local people and the town’s economy.

Morris is a fifth-generation family-run property business which has been investing and building in the county for over 100 years, working predominantly with local professional subcontractors and suppliers. It has a strong track record of delivering successful business and trade parks such as Vanguard, Centurion and Abbey Lawn in Shrewsbury.

*The Commercial Investment Fund is provided by the WMCA and administered by FDC.