Helical Bar and Canmoor have pre-let a site near Birmingham to Greenstar Environmental to build one of the UK’s largest recycling facilities.
The developers have let 135,160 sq ft at the WestPoint development at Westgate, in Aldridge, Walsall, at a rent of £3.25 per sq ft to the materials recycling plant.
Greenstar plans to invest £7m into the development of the recycling facility, which will open next year. It already has planning.
Ian Wakelin, managing director of Greenstar, said: ‘The UK has a real deficit in recycling infrastructure, particularly in the Birmingham area, and Greenstar is addressing this need. The new 4.5 acre site will eventually have the capacity to handle a quarter of a million tonnes of recyclable materials per annum.’