The Peel Group to build an international trade centre in the North West

EventCity  venue owner and property development
goliath The Peel Group has announced plans to build what it claims will be the
UK’s first “International
Trade Centre” in the North
West.

The permanent facility will measure at
least 100,000sqm and offer 1,000 wholesalers the opportunity to exhibit, sell,
assemble, store and distribute products on-site. The Peel Group’s plans include
showroom space, warehousing/storage and assembly facilities and transport
connectivity via road, rail, water and air. The new facility will be aimed
primarily at businesses from China, India, South Korea and other emerging
economies.

Two sites by the River Mersey are being
considered: A 50-acre plot of land The Peel Group owns at West Float within
Wirral Waters and directly opposite the City of Liverpool port; or the adjacent East Float,
where planning permission has been secured for 1.6msqm of mixed use floor space.

The Peel Group claimed the International
Trade Centre will be the first of its kind in the UK and the largest in Europe. According to a BBC report, interest in investing
in the new facility was expressed during the Shanghai Expo 2010.

“The Northwest is emerging as a ‘Super
Region’ and is now accepted as a preferred alternative location to London for investment and
for new businesses and existing business expansion,” The Peel Group stated on
its new International Trade Centre project website.

“Occupiers of Peel International Trade
Centre will themselves benefit from Peel’s massive development programme around
its other adjacent projects such as Wirral Waters and Liverpool Waters. These
two projects are the largest proposed in the UK,
offering a total floor of more than 3,000,000sqm of mixed use high-rise
buildings which will be constructed over a 20 to 30-year
period.”

As well as owning the EventCity site in
Manchester, The Peel Group has secured a majority
shareholder stake in retail development group, Capital Shopping Centres, in
return for the sale of its Trafford Park retail site.

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Paul Colston

Author

Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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