Work is underway on the first phase of the Peddimore development near Minworth - which, it is claimed, will create more than 1,000 jobs.

The major scheme is expected to be worth £355.5 million of economic value (GVA) to the region when fully operational.

The first phase is being delivered by IM Properties in partnership with Birmingham City Council and will see appointed contractor, Winvic Construction, begin strategic infrastructure works including a new roundabout on the A38, for a June 2022 completion.

IM Properties is already in detailed discussions with an occupier who will create in excess of 1,000 jobs, contributing to the thousands of direct and indirect jobs expected to be created through occupiers and related supply chains across the lifetime of the scheme.

IM Properties has already started to deliver an extensive social value programme, supporting four social value charity partners and setting up a £270,000 Peddimore Community Fund.

This has so far awarded grants totalling nearly £42,000 to 20 grassroot organisations in the surrounding area.

The social value charity partners include St Basils, The Pioneer Group, JERRICHO & Witton Lodge.

In addition to the main site infrastructure works and spine roads, a Green Travel District will be created promoting cycling and walking to work.

Once the build phase begins, and subject to occupier specifications IM Properties will be targeting a minimum of Net Zero in Construction.

These ambitions form part  of IM Properties’ future sustainability strategy, with aims for BREEAM excellent ratings across buildings with a continued focus on health and wellbeing, alongside plans for climate change resilience, the use of low carbon renewable energy sources, smart grid technology and improved water efficiency across new developments.

IM Properties has already committed over £30m of investment into the site infrastructure which will enable the scheme to play a vital role in Birmingham’s green recovery.

UK development director, Kevin Ashfield, said: “Peddimore represents a major milestone for IM Properties and will be a huge legacy site  for all involved, creating an industry benchmark for future employment schemes from the delivery of important local social value to the sustainability ambitions for the buildings and wider site environment.

"From an early stage we’ve been engaging with key stakeholders to ensure we deliver a lasting economic asset, which yields opportunities for the business community as well as those seek employment, skills and training.

“At a strategic level this includes working alongside Birmingham City Council, the West Midlands Combined Authority, and Greater Birmingham Chambers of Commerce. Complemented by local relationships and initiatives we’re developing a robust employment and skills plan that can endure through all stages of our delivery.”

Andy Reynolds, project director for IM Properties, added: “Winvic Construction is a trusted supply chain partner and equally committed to our social value and sustainability agenda. They will be working from day one to open up opportunities for local SME’s, social enterprises, young people and individuals looking to gain new skills, with on-site training facilities providing valuable experience towards achieving employment.”

Pictured: Rob Cook (Winvic), Andrew Reynolds (IM Properties), Kevin Ashfield (IM Properties), Councillor Ian Ward (leader of Birmingham City Council), Deborah Cadman, interim chief executive, Birmingham City Council) and Dave Lane (Winvic)