Today, I had the pleasure of attending, with local business leaders and Council representatives, the ground breaking ceremony for the latest addition to the Wrexham Industrial Estate, marking the creation of 38 acres of new build commercial space by developer and asset management company, FI Real Estate Management (FIREM).
The new development will create an additional 105,196 sq ft of industrial space across two large single-unit developments and one comprising 11 smaller units. A fourth site has also been earmarked for future development and outline planning has been granted for a 70,000 sq ft warehouse / distribution facility as well as five smaller units offering 2,390 to 12,874 sq ft of industrial space.
Speaking on the day, a spokesperson for FI Real Estate Management said:
“The breaking of ground on these three new development sites signals a huge step forward in the provision of high quality commercial space in Wrexham - not to mention a sizable investment in the North Wales economy.
“Our ongoing acquisition and development plan acknowledges the area’s strategic connectivity, critical location on the England-Wales border and its position as the largest industrial estate in Wales. When complete, these sites, along with our existing buildings, will see our presence at Wrexham Industrial Estate grow to 1.5m sq ft, making it the largest in our 10m sq ft UK portfolio.
“We’re thrilled to commence construction of these impressive new build developments which will provide a first-class selection of roadside retail, leisure, industrial and trade counter space for thriving UK businesses.”
At the moment, Wrexham Industrial Estate extends over 550 hectares and is home to over 340 businesses across automotive, aerospace, food, pharmaceuticals and engineering sectors. These businesses collectively employ over 10,000 people. As such, I was pleased to be able to celebrate the estate's further growth, which will bring even more jobs and opportunities to our town, further raising Wrexham on the national and international stages.
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