Latest news with #businesspark
Yahoo
2 days ago
- Business
- Yahoo
£9.5m business park helping to grow jobs and enterprise in the area
A business park is helping to drive economic growth. The New Forest District Council-owned Platinum Jubilee Business Park in Ringwood represents a £9.5m investment. It has been operational for more than two years and is now 80 per cent let. Councillor Jeremy Heron, NFDC's portfolio holder for finance and corporate, said: "We are proud to support both businesses and the community through our investments. "The Platinum Jubilee Business Park is a testament to our commitment to fostering economic growth and providing opportunities for local enterprises." The site is home to a range of businesses, including an ICT infrastructure technology company, a soft drinks distributor, engineering firms and a commercial artist. A few high-spec office and industrial units remain available. The industrial units include electric loading doors, allocated parking, and sustainability features such as PV solar panels and EV charging points. The panels generate an average of 4kW of electricity per unit.
BBC News
5 days ago
- Business
- BBC News
Building work starts in £28m Wolverhampton business park scheme
Building work has started to create a business park in a £28m scheme that a council says could create more than 300 is under way at Foundry Business Park in Wolverhampton to transform a derelict brownfield site into a 15-acre employment hub, the city council scheme off Brook Street in Bilston forms the final phase of development at Bilston Urban Village, in a town where hundreds of new affordable homes have been created for business park development is being supported by a £12.5m investment from the West Midlands Combined Authority (WMCA). Units are expected to be available from the spring next will be 15 new units at the business park, which is next to the A463 Black Country Route, with access to Junction 10 of the Midlands mayor and WMCA chair Richard Parker said: "Regenerating derelict urban land for new homes and jobs is a key part of my Growth Plan, which will help reignite our regional economy and drive a new era of prosperity."The £28m scheme had the potential to create up to 330 new jobs when completed, the city council leader Stephen Simkins said: "With further investment on site or in the pipeline for the town, the future is bright for Bilston as we deliver the platform for businesses to grow and thrive."Goold Estates, the city council's chosen developer, said the brownfield site had a "complex industrial legacy", including coal mining and steel making, which meant it remained vacant for more than 20 developer's managing director Dominic Goold added: "Progressing the site's development required extensive consultation, so reaching the construction phase is a significant step forward." Follow BBC Wolverhampton & Black Country on BBC Sounds, Facebook, X and Instagram.
BBC News
6 days ago
- Business
- BBC News
Canalside development project completed at Staveley's canal basin
A Derbyshire town is looking for businesses to move in after the opening of a new two-storey canalside Moorings building is part of the Staveley Town Deal, a £25m regeneration programme aided by funding from central government that began last year.A total of £3.5m of the £4.5m cost was provided by the fund, with the remaining £1m covered by Derbyshire County authority said it expected the new site "to create between 40 and 60 new jobs". This building is part of the an 85-hectare business park based on the site of the old Markham Colliery, with the regeneration project also hoping to attract visitors to Chesterfield Canal and the surrounding Reaney, county council cabinet member for economic development and regeneration, said the Moorings "will be a fantastic waterside destination for both local people and visitors to enjoy"."We're inviting contact from retail, dining and other businesses looking to relocate or expand into this purpose-built space, and we've already received considerable interest from a number of potential tenants," he said.
BBC News
15-07-2025
- Business
- BBC News
Former Albert Looms car breakers in Spondon sold to developer
A former Derby car breakers yard has been sold to a developer which plans to turn the site into a business Looms closed a year ago after more than a century of seven-acre Spondon site has now been acquired for an undisclosed sum by Derby-based Ivygrove Developments Ltd, which hopes to build small and medium-sized industrial units on the a nod to its past life, Ivygrove said it will name the Megaloughton Lane site Looms Business Park. Ray Kirk, former operations manager at Albert Looms who is currently writing a book on the site's history, said: "I'm happy the sale has now gone through."I'm very happy with where it's going as I wanted it to be another yard and not housing."And I'm even more happy that they're going to name is Looms Park, I think it's very fitting." Albert Looms started trading in 1920, specialising in demolition work and dismantling railway rolling stock and had a direct rail link to Chaddesden Sidings from its then began to dismantle cars in the early 1970s, in part due to the Dr Beeching cuts to the railways in the said it is compiling a planning application for the site which it will submit to Derby City Council. The developer, which is currently working on city sites including Eagle Park in Alfreton Road and Merlin Park in Osmaston Road, said it hopes to build 20 units on the Albert Looms site which range in size from 2,000 to 20,000 sq granted planning permission, Ivygrove intends to make units available to buy or lease by Blount of Ivygrove said the firm was "delighted" to secure a "prime" site through Innes England by offering the "comfort and certainty" that the sellers had said: "Employment land for small and medium-sized units is difficult to find, and it seems housing is being prioritised by developers whereby sites are more readily available."
South China Morning Post
13-07-2025
- Business
- South China Morning Post
Singapore's first home launch since new curbs almost sold out as buyers remain unfazed
Singapore 's first mass-market private residential project launched since new curbs were introduced saw the development almost sold out as homes were sold at lower-than-usual prices. The LyndenWoods development sold 324 units on Saturday, the first day it started to accept bookings, CapitaLand Development said in a statement the same evening. That is about 94 per cent of the 343 units to be built at a business park in the city's south. The launch came over a week after the introduction of surprise measures targeting speculators in the property market. Owners must now hold their homes for at least four years if they want to avoid paying a seller's tax, from three previously, while those who still choose to do so face higher levies than before. CapitaLand Development – part of CapitaLand Group that is owned by Singapore state investor Temasek Holdings Pte. – said LyndenWoods homes were sold at an average price of S$2,450 (US$1,914) per square foot to mainly professionals, couples and families who were attracted by its long-term investment potential. That is lower than median rates for similar units across Singapore and the district. Another project about 1.6km (one mile) away has sold less than half of its 358 units after its launch earlier this year. The early performance may validate policymakers' concerns about a trend of flipping properties for a quick profit, which has driven a renewed jump in home prices and risks affecting affordability in one of the world's most expensive residential markets.
