It is owned by The Peel Group and in 2010 extended to 230,000 sq ft (21,000 m2) across 20 units.

[5] The site on which the park stands has had a variety of different usages over time, it previously had industry and housing.

[6] It then contained a power station and gas works, and then had a variety of industrial usages,[7] it was only developed in its current form from the late 1980s onwards.

Immediately adjacent to The Peel Centre, across the road is a smaller development, Portwood Court.

In 2003, IKEA announced plans to open a store on the other side of the Portwood roundabout and M60, but were denied planning permission, and after numerous appeals they were finally turned down in 2005 by the then Deputy Prime Minister John Prescott.