Peddimore set to help unlock growth for the region


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In Summary

General | 27th July 2021
IM Properties has reached a major milestone with the beginning of construction work of Peddimore, a major new high-quality employment park in Minworth which is set to become one of the region’s most important employment and economic locations.

In Detail

Birmingham and the Midlands is to gain a major jobs boost following the start on site of one of the UK’s most significant new sustainable manufacturing and logistics schemes, delivering £355.5 million of economic value (GVA) when fully operational.

The first phase of Peddimore near Minworth, is being delivered by IM Properties in partnership with Birmingham City Council and will see appointed contractor, Winvic Construction, begin strategic infrastructure works including a new roundabout on the A38, for a June 2022 completion.

Designed to deliver a lasting economic and social benefit to the region, IM Properties has already started to deliver an extensive social value programme, supporting four social value charity partners and setting up a £270,000 Peddimore Community Fund. This has so far awarded grants totalling nearly £42,000 to 20 grassroot organisations in the surrounding area.

The social value charity partners include St Basils, The Pioneer Group, JERRICHO & Witton Lodge.

In addition to the main site infrastructure works and spine roads, a Green Travel District will be created promoting cycling and walking to work. Once the build phase begins, and subject to occupier specifications IM Properties’ will be targeting a minimum of Net Zero in Construction.

These ambitions form part of IM Properties’ future sustainability strategy, with aims for BREEAM excellent ratings across buildings with a continued focus on health & wellbeing, alongside plans for climate change resilience, the use of low carbon renewable energy sources, smart grid technology and improved water efficiency across new developments.

IM Properties has already committed over £30m of investment into the site infrastructure which will enable the scheme to play a vital role in Birmingham’s green recovery as its UK development director, Kevin Ashfield explains: “Peddimore represents a major milestone for IM Properties and will be a huge legacy site for all involved, creating an industry benchmark for future employment schemes from the delivery of important local social value to the sustainability ambitions for the buildings and wider site environment.

‘’From an early stage we’ve been engaging with key stakeholders to ensure we deliver a lasting economic asset, which yields opportunities for the business community as well as those seek employment, skills and training.

“At a strategic level this includes working alongside Birmingham City Council, the West Midlands Combined Authority, and Greater Birmingham Chambers of Commerce. Complemented by local relationships and initiatives we’re developing a robust employment and skills plan that can endure through all stages of our delivery.”

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MEET THE BUYER EVENT OPPORTUNITY ON 5 AUGUST 2021

Winvic Construction is hosting an online 'Meet the Buyer' event for local businesses to engage with the contractor and find out more about the site's infrastructure works opportunities.

To find out more and to register your attendance, please visit:https://www.eventbrite.co.uk/e/meet-the-buyer-event-peddimore-tickets-164810760421