Cheltenham based BPE Solicitors' acted on behalf of its client, Ecotricity, to acquire the development land for a 100 acre sports and green technology centre at Junction 13 off the M5.
Cheltenham based BPE Solicitors acted on behalf of its client, Ecotricity, to acquire the development land for a 100 acre sports and green technology centre at Junction 13 off the M5.
Located on either side of the A419, half of Eco Park will be dedicated to creating state-of-the-arts sporting facilities, including an all-seater stadium for football club Forest Green Rovers, training fields, 4G pitches, multi-disciplinary sporting facilities, as well as a sports science hub.
The other half will comprise a green technology business park with sustainably built commercial offices and light industrial units potentially capable of creating up to 4,000 jobs.
The overall concept also includes the potential development of a public transport hub, including a Stroud Park and Ride, and will also see Ecotricity work with the Cotswold Canals Trust to open up part of the ‘missing mile of the Stroudwater canal beside the M5.
BPE Solicitors, which has a turnover of more than £8 million and employs around 150 staff with offices in Cheltenham, London and Stroud has a reputation for helping young businesses to progress and become multi-million, multi-national operations.
Forest Green Rovers chairman and founder of Ecotricity, Dale Vince, approached BPE in 2014, appointing them lawyers responsible for acquisition of the site.
"We were thrilled to be able to play a part in such an exciting development," said Antonia Shield, BPE Partner and head of Property Services at the firm. "The Eco Park truly represents the innovative and entrepreneurial spirit of companies within Stroud and the five Valleys. Creating a dedicated green business space will foster collaboration, create jobs and bring in significant investment to put Gloucestershire at the heart of the green economy."