Consignia is joining four other major occupiers- Royal Doulton, Vodafone, Sentinel Newspaper Group and facilities management group, George S Hall, on the Etruria Valley site. Etruria Valley is the largest part of the Festival Park development which will later be extended through Festival Waters and into Middleport.
Stoke-on-Trent Regeneration is a joint company with St Modwen Developments owning 81% and Stoke-on-Trent City Council the remaining 19%. It is redeveloping Etruria Valley with Corus, the steel giant, which closed its factory on the site last year.
Simon Quantril of Knight Frank, which advised Consignia, said, 'Festival Park is now an established office park and Consignia's arrival is expected to create at least 400 jobs.' Insignia Richard Ellis acted for Stoke-on-Trent Regeneration.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.