The 6.5-acre site, located in the Castlefields area, which is a part of the Stafford Station Gateway, is owned by Lord Stafford and is situated in close proximity to Stafford town centre and Stafford train station. When fully redeveloped, it will play a vital part in the wider multi-million-pound regeneration plan for the area.
Godwin Developments, working with Lord Stafford appointed agents Savills, are seeking to attract new businesses to the West Midlands town. Plans currently include a food retailer, a hotel, a multi-storey car park and a build-to-rent residential development. The proposals will also provide improved amenities to local residents as well as support the long-term economic prosperity of the town by attracting higher visitor numbers, bringing new residents to the area and providing up to 200 permanent jobs when fully operational, with other temporary roles being created during the development process.
Stuart Pratt, group development director and co-founder at Godwin Developments said:
“We are delighted to be working in partnership with both Lord Stafford and Savills on this really exciting project. Our significant expertise in selecting suitable land for redevelopment, obtaining planning permission and delivering the final scheme alongside our imaginative approach was key in securing this collaboration agreement.
“Staffordshire is an important area of development focus for us as we see high growth potential in the region. We believe that the Stafford Borough Council Regeneration Plan alongside the construction of HS2 and the Stafford Gateway Masterplan project will be key drivers to the fast track growth of the town, which is already shaping into a highly attractive investment proposition for developers and commuters alike.”
Commenting on the vital agreement Lord Stafford said:
“Godwin Developments’ expertise, flexible working approach and respected track record made them an excellent appointment in managing this project. I have no doubt that this development will play a huge role in the wider re-development master plan for Stafford”.
Rachel Hull from Savills’ Birmingham-based development team added:
“Godwin Developments is well placed to maximise the potential of the former rugby ground and we are pleased to be working with them on this agreement. It’s not only reassuring, but a positive for the local area that we have been able to see this deal - which presents a significant opportunity to build on the town’s commercial and residential offering - through to completion.”