Opus Land achieve a hattrick at Kingswood lakeside development with latest £60m scheme

Opus Land, a leading UK property development and investment company with offices in the West Midlands and London, are delighted to announce the completion of a further building in Cannock. The last phase to complete is for a 100,000 sq. ft. bespoke industrial facility in Cannock, on behalf of the First Choice Group.

This is the third scheme Opus have delivered in this area, having completed the Veolia HQ and APC distribution hub at Kingwood Lakeside on adjoining plots. The success of these projects was recognised at the Insider Awards in November 2016, where Opus were awarded ‘Remediation Project of the Year’ in recognition that Opus are one of the only developers in the UK to successfully use Dynamic Compaction and Surcharging techniques to procure development.

After such successes, it comes as no surprise that Opus, in partnership with Bridges Fund Management, have been appointed to develop a further two schemes in this increasingly popular location. Construction has commenced on the speculative development of two units each totalling 153,635 sq. ft. and 129,550 sq. ft. with funding from Bridges Fund Management, GBS LEP and Finance Birmingham.

The two new build industrial units, CONNEQT Alpha and CONNEQT Beta, are perfectly located adjacent to the M6 toll with four international airports within a 90 minute drive – benefits already identified by the likes of Unilever, DHL and Briggs Equipment UK. Upon completion of the units there is an opportunity to join these names either on a lease or as an owner-occupier.

Victoria Smith, Managing Director of Opus Land, commented “The construction of this latest scheme in Cannock is reflective of our company’s strong delivery programme in the industrial sector and our belief in the benefits of the local area for occupiers. Opus has always had a strong focus on quality and this next phase of development will reflect further our industry leading standards.”