Woodbourne Group has announced plans to build a pipeline of self-storage facilities, beginning with a multi-million-pound development in the West Midlands.
The commercial developer and investor will start with the £9m redevelopment of a 1.03-acre site at Pedmore Road, Brierley Hill, Dudley.
A 31,750 sq ft industrial building will be repurposed to create a 50,000 sq ft self-storage facility, bringing investment to the area and generating new employment opportunities. The development will involve recladding, reroofing, and reconfiguring the entrances to suit the requirements of a modern self-storage unit.
Located on Pedmore Road, Dudley, along the A4036, the site is currently used as a factory producing butt-weld pipe fittings.
Woodbourne Group is also spearheading the £360m Curzon Wharf scheme, a waterside development within an eight-minute walk of the new HS2 Curzon Street Station, featuring what will be Birmingham’s tallest building,
Plans were approved in April 2023 for Curzon Wharf, paving the way for the development of a 53-storey tower (172m, 564 ft) with 498 units of built-to-rent accommodation, a 41-storey tower with up to 732 units of purpose-built student accommodation and a 14-storey development with up to 122 units of residential space.
It will include nearly 130,000 sq ft of office, R&D and life science space, over 3,000 sq ft of retail space, 15,000 sq ft of leisure space, more than 76,424 sq ft of new and improved public realm and 490m of walking and cycling routes.
Tani Dulay, CEO of Woodbourne Group, said: “We are pleased to have secured planning permission for a premium self-storage facility in Brierley Hill, marking our entry into the self-storage sector.”
Cushman & Wakefield is advising Woodbourne Group on its self-storage pipeline.
Associate partner Steffan Morgan said: “The consented scheme provides an excellent opportunity to develop the property into a self-storage facility. Conversion opportunities in prominent locations are highly sought after in the undersupplied self-storage market and help deliver much-needed volume.”
