Telford Town Centre Living Cluster
The next phase in the development of Telford Town Centre, Station Quarter, is unlocking an immediate investment opportunity for developers and equity investors. A cluster of residential sites across the wider town centre will bring high quality living to the heart of Telford, close to strategic road and rail transport links and a great retail and leisure offer. Combined the sites offer circa 6ha of prime development land, predominantly for residential but also for some smaller scale commercial development opportunities.
A total of 10 development sites have been identified for development across the wider town centre. These are situated on land owned by Telford & Wrekin Council and owners of Telford Shopping Centre, Orion. The proposals are focused on the delivery of a mixture of town houses and apartments, building on the town centre living offer being kick started in Station Quarter. Delivery is seen as key to ensuring that Telford continues to thrive as a town centre whilst responding to a changing retail environment.
The residential offer will be focussed on high density but sustainable design to create a mixed tenure housing product which will be attractive to young people wanting to build their careers in Telford.
- Scale: GDV £170m
- Sector: Residential Housing
Why invest in Telford?
Telford offers businesses fast, responsive and bespoke solutions to help you achieve your business goals.
With high quality, ready-to-go land that’s cost effective in a central location; multi-million pound investment in infrastructure, workforce and tailored business support it’s an unrivalled place for doing business.
An inward investment heavyweight, Telford is a town ahead of the curve – a place where innovation and technology thrives, with history as its hallmark.
Home to 350,000 skilled workers living within a 30-minute drive, Telford’s connectivity is unrivalled. That’s why supply chain businesses choose our town, with more people employed in manufacturing than anywhere in the West Midlands.
Whilst metal and plastics have long been our pedigree, looking to the future, Telford’s digital and tech sector has become a cornerstone of the local economy. Global powerhouses Capgemini and HMRC both boast UK technology hubs in the heart of our business district, with local universities specialising in digital education.
We also help businesses succeed. Through the Telford Land Deal, Enterprise Telford’s support has boosted inward investment by over £250 million since 2016 – with international giants Magna Cosma, Polytec and Filtermist amongst others choosing to set up advanced manufacturing facilities here.
Insight for investors
- Type of Investment Sought: Equity investors
- Target Investor(s): Developers
- Value and cost info: Scale: GDV £170m
- Site Size: Combined the sites offer circa 6ha
- Timescale: 2022-2027
- Delivery Timescale: 5 years
- Planning Status: Allocation for residential and ancillary uses within the adopted Local Plan.