The incremental redevelopment of the historic Spode Works in Stoke town has been underway for a number of years with Stoke-on-Trent City Council leveraging different funding sources. This has enabled the establishment of a hotel and eatery, creative artists space in partnership with ACAVA Studios. The site currently forms part of the Stoke Town High Street Heritage Action Zone which is investing in key buildings within the Spode site. The City Council is working in partnership with both Homes England and Historic England, to secure a joint vision for the site, the next phase of which will be launched as an opportunity in early summer 2023 and aligned to the City Council’s Levelling Up Programme.
The Spode site is unique, a living reminder of the City’s status as the international centre of the ceramics industry, with the site offering an exciting opportunity to create a new and vibrant neighbourhood with a unique mix of quality living, leisure and commercial space delivering a high profile conversion of a much-loved heritage asset into a range of homes, creative and commercial spaces which all add to the ‘mix’ in developing an environment for live, work and play.
- Stoke-on-Trent City Council site ownership
- Secured £10m Levelling Up Funds
- Site potentially a joint partnership with Homes England and Historic England
Why invest in Stoke-on-Trent?
Stoke-on-Trent is an ambitious city with big plans and through partnership, we drive economic and inclusive growth across the city.
It is a place uniquely defined by its ceramic heritage and expertise, and one that’s harnessing the very same entrepreneurial spirit to transition fast and re-emerge as one of the UK’s biggest growth centres. Key reasons to invest:
- Ranked 2nd fastest growing economy for post-recession job creation
- Between Dec 2020 to June 2022 house prices increased 5.3%, with England at 2.9%
- 2016-2020, highest GVA growth per head at 21%
- £485m capital investment programme for next 5 years
Ground breaking partnership with Homes England to build 3000 new homes + £400m GVA
The same location benefits that attracted Michelin in 1926 are once again bringing international businesses to Stoke-on-Trent and Staffordshire. Jaguar Land Rover, Amazon and Molson-Coors are just some of the names investing millions of pounds and creating thousands of jobs here.
Insight for investors
• Type of Investment Sought: Joint venture, developer partnership, private investment
• Target Investor(s): Mixed use developers and investors
• Value and cost info: £13m
• Site Size: 6.32 acres
• Timescale: Planning approval – September 2023; Main works – December 2023 to June 2025
• Planning Status: None