Barberry Developments secured £3.6m investment from the West Midlands Combined Authority (WMCA) Collective Investment Fund (CIF), towards a £5.6m scheme to build a 64,500 square foot industrial/manufacturing unit in Aston.
The 2.9 acre site is part of the Advanced Manufacturing Hub (AMH) in Queens Road, close to Junction 6 of the M6, and work is expected to be completed this summer.
Barberry has established itself as one of the most successful privately owned property development and investment companies in the West Midlands.
Mayor of the West Midlands Andy Street said:
“The CIF is making a significant impact across the region’s economy. This latest investment will help accelerate the development of sites where demand is strong and will therefore generate considerable economic value to the region.”
Barberry has also received £2.9m from the CIF previously towards redevelopment of the old Tuckers Fasteners site in Perry Barr, Birmingham.
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Investment fund - WMCA CIF