GMI adds £100m to Midlands order book

Daily News

Daily News GMI has recently completed this warehouse for Asos in Lichfield

GMI has recently completed this warehouse for Asos in Lichfield

GMI’s Midlands contracts include a £30m project at the Becketwell regeneration scheme in Derby, a 155,000 sq ft logistics warehouse for St Modwen Logistics in Birmingham and a retail park in Tamworth with such brands as Lidl and B&M.

Work is under way in Derby city centre on the Becketwell development where GMI is putting up a build-to-rent apartment block, with completion in 2023.

Nearby, in Foston, GMI is nearing completion of a bottling plant for a German client at Dove Valley. This should be finished by the end of next month.

GMI has also started work on various sites in Birmingham, including the development of a 102-unit residential project in the Jewellery Quarter, the regeneration of the former James Cond building for University College Birmingham and the development of a new student accommodation in Selly Oak. It has also recently completed a logistics warehouse for clothes retailer Asos in Lichfield.

GMI divisional managing director Andy Bruce said: “The Midlands is a big area with even bigger potential and, as we continue to invest in the region, it’s expected to become our largest UK division.”

GMI currently has a project pipeline worth £570m, with a forecast turnover of £395m for 2022/23.

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