Dynamic business base for Fusiliers Way
Plans to create a dynamic new commercial hub in Warwickshire - as part of a wider regeneration scheme - were showcased at a major property forum in May.
Warwickshire Property & Development Group (WPDG), Warwickshire County Council's arms-length property development company, exhibited its vision for Fusiliers Way, located between Leamington Spa and Warwick, at UKREiiF in Leeds.
The Fusiliers Way proposal was central to WPDG’s promotional activity at UKREiiF, where it joined forces with Warwickshire County Council as one of the authority’s official partners.
The scheme would see the development of 16 units across 43,000 sq ft of commercial space to support SMEs and local businesses. Fifteen of the business units would range from 1,000 sq ft to 3,500 sq ft. The application, which has been submitted to Warwick District Council, also features the footprint for a larger 15,000 sq ft building.
Fusiliers Way aims to deliver high quality, sustainable and energy efficient units, built to BREEAM Very Good and EPC A standards.
Stuart Buckley, Managing Director at WPDG, said: “After the success of our Sucham Park scheme in Southam we are pressing forward with a pipeline of sites that can provide high-quality space to support SMEs to grow and thrive in Warwickshire. We are expecting to start work this summer on our scheme at Fusiliers Way, which is part of a wider masterplan to create a mixed-use community in the area.
“Alongside our successful joint ventures, we are ramping up WPDG-led activity at two residential sites in the region– with two further direct delivery sites set to come through over the coming months. This means we are in a great position to meet with potential residential development partners and occupiers for our upcoming commercial schemes - and it was great to do this at UKREiiF.”
If approved, phase one of Fusiliers Way will provide purpose-built space for expanding businesses and start-ups in the area and help to create in the region of 85 jobs. The second phase would seek to deliver a local centre to support the area’s growing neighbourhood and business community, including a convenience store, children’s day nursery and coffee shop.
WPDG was formed in 2021 and is delivering projects to realise the value and economic impact of Warwickshire County Council assets for the benefit of residents in Warwickshire. Its first commercial development, a 42,200 sq ft industrial scheme in Southam, completed last year and is now 100 per cent let.
The Group is also delivering around 2,000 homes through its Develop Warwickshire joint venture with Vistry Group and WCC, and its own direct delivery.