Supporting Shropshire Council’s Growth Strategy
Shropshire’s Economic Growth Strategy recognises the need for a step change in Shropshire’s economy, in particular supporting higher value jobs and better wage levels. It seeks to retain and develop skills in the county, for example by enhancing technical education and by preventing a ‘brain drain’, where young people go to university in cities and then settle away from their home communities, as well as attracting talent and investment from across the UK and globally.
Up to 8,000 new skilled jobs for local people
J3 can help address this issue and will provide skilled jobs for up to 7,000 people within the development itself and up to 8,000 in the wider community, on top of which there it will create over 170 construction jobs per year for around 25 years as the project comes to life. We recognise that Shropshire is a great place to live and work and want to help it achieve its full potential.
A high-quality working environment is proposed, attractive to companies in key sectors identified within the Economic Growth Strategy for Shropshire such as (but not limited to) engineering, advanced manufacturing, aviation, environmental technologies and agri tech.
J3 can create an employment hub to enable businesses at all stages in their evolution to settle and grow in an environment which employees want to be in and contribute to.
Creating a centre of excellence for training and development
Skills development will be central to our plans and Bradford Estates is already progressing discussions with nearby further and higher education establishments about the possible establishment of a flagship training and business start-up centre at J3. This will both support the staff development and workspace needs of new and growing companies and, importantly, offer courses for local residents seeking to advance their careers.
A uniquely well placed and available site
One of the principal reasons the land at J3 is uniquely well placed to help the Council achieve its strategy of capturing economic growth is because no other sites in the county are both available and access connected and adjacent to the M54 and other major roads.
Situated between Birmingham and Telford and within one mile of Cosford railway station, J3 is strategically very well positioned for local businesses and those moving from further afield.
Building an M54 growth a corridor to retain skills and create employment
J3 is also adjacent to RAF Cosford, a major part of the Defence College of Technical Training (DCTT) delivering modern and effective technical training for the Armed Forces, including engineering and aeronautical training. RAF Cosford’s role is set to grow as part of the optimisation of the defence estate. J3 is well placed to play a complementary role in accommodating business supply chains and personnel linked with RAF Cosford’s expansion.