Railway Triangle, Metz Way, Gloucester

Size
A Strategic regeneration opportunity to provide retail development at Metz Way comprising a 71,000sqft foodstore, with a pre let to W M Morrison Supermarkets, on part of the 18 acre site acquired from Network Rail.

Location
The property has immediate access off Metz Way, the main trunk road, entering Gloucester from the South off the A38.

Tenant(s)
No tenants, site is cleared and vacant

Contact
Nick Alford
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Details

Metz Way, which forms part of a wider regeneration programme known as the Railway Triangle Corridor, is being promoted by Gloucester Heritage Urban Regeneration Company (“GHURC”). The development by LXB at Metz Way will enable Network Rail to access additional land they will retain to the South of Metz Way and provide future opportunity for them to consolidate their operational land and release further sites for residential and employment development along the Railway Triangle Corridor.

LXB has been working with both GHURC and Gloucester City Council to progress a £34 million mixed use development of the Metz Way site which aims to comprise a 71,000 sq ft foodstore which has been pre let to Morrisons, employment space that would be suitable for high tech manufacturing and engineering training, car showrooms, a trade park, a drive through restaurant/coffee shops, incubator units and further light industrial units to create a total of approximately 140,000 sq ft of employment space in addition to the foodstore. LXB has obtained resolution to grant planning consent and aims to start construction at the site in 2012 with completion of the enabling works and foodstore in 2013.