Stoford Developments and specialist sustainable and impact investor, Bridges Fund Management, delivered the prime industrial and logistics park.
Practical completion of Pantheon Park marks the end of a 12-month building programme by contractor A&H Construction.
It comprises four grade A industrial warehouse units that provide between 30,000 sq ft and 133,000 sq ft.
The scheme has been funded by Royal London Asset Management (RLAM) and is said to represent one of the largest speculative developments in Wolverhampton.
The site is just two miles from Wolverhampton city centre and benefits from its close proximity to the M6 Toll, M5, M54 and M42 motorways.
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Angus Huntley, development manager at Stoford Developments, commented: “It’s great news to have achieved practical completion on this significant development in Wolverhampton.
“Pantheon Park’s high-quality units are in a strategic location that will appeal to major occupiers in the region.
“We are in discussions with interested parties and hope that the scheme will enable occupiers to benefit from the good employment opportunities available in the city.”
Guy Bowden, property funds partner at Bridges Fund Management, said: “It is good to have reached practical completion on a project that has remediate 18 acres of brownfield land, which had remained as a vacant site for over a decade.
“When the units are fully occupied, we estimate that approximately 450 new jobs will have been created.”