11 June 2013

Real estate specialists at leading UK law firm Burges Salmon have advised St. Modwen on the final development phase of its £42 million Quedgeley West Business Park scheme.

St. Modwen, the UK’s leading regeneration specialist, has successfully secured planning consent from Stroud District Council for the scheme, which is based in Gloucestershire. As a result of the successful application, global manufacturer Lister Petter will be moving to the business park from spring 2014 as part of a £2 million investment that will enable it to retain 200 jobs in the area.

Following 140 years based in Dursley, Lister Petter is relocating from its current base at the £150 million Littlecombe scheme, which is being developed by Stroud District Council in conjunction with St. Modwen. With more than 320,000 sq ft of both industrial and distribution space already leased or sold at the Quedgeley West Business Park, the approved proposals also comprise a further 32,000 sq ft building and a remaining eight acres that will provide accommodation for occupiers.

Ensuring that a tailored solution was put in place to meet the client’s needs, the legal team at Burges Salmon was led by partner Ross Polkinghorne, who specialises in acting for developers on real estate development projects, with support from Douglas Scott.

Pete Davies, development manager for St. Modwen in the south west, said: 'Burges Salmon has acted on all relevant aspects to successfully move forward with the final phase of this development. Burges Salmon has continued to provide high quality legal advice, which builds on its previous work undertaken for us at Quedgeley West Business Park.'

Ross Polkinghorne of Burges Salmon said: 'We were pleased to be able to help St. Modwen deliver this next phase of development not least because of the scheme’s strategic importance to the local economy, which will retain a number of skilled jobs and continue to promote growth in the area.'

Key contact

Ross Polkinghorne

Ross Polkinghorne Partner

  • Built Environment
  • Development and Regeneration
  • Infrastructure

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