High Quality Workspace Project Cuts the Turf in Falmouth
A groundbreaking project to provide new, high quality employment space in Falmouth has commenced. The project will provide an extension to the existing site at Bickland Industrial Park on Bickland Water Road.
The project represents the first speculative employment space development in Falmouth for many years and is aimed at the small and medium sized enterprise (SME) business community in the area.
The new development is thanks to a major private sector investment undertaken by Falmouth Developments Ltd, which has secured up to £3.4m of grant funding from the European Regional Development Fund as part of the Cornwall and Isles of Scilly Growth Programme.
The Bickland site represents the only new employment site in Falmouth and Penryn, which therefore presents a major opportunity for those local businesses seeking to expand or relocate. The units are available on a freehold basis and the development is due for completion in December 2018. The main contractor undertaking the design and construction of the project is Midas Construction Ltd.
The project has a total cost of £7.3m and will create 4444m2 of new, high quality, employment space. This will comprise of up to, 17 hybrid office/industrial units between 202m2 to and 514m2 in size. The buildings are being constructed to Breeam excellent standard and include high environmental credentials including sustainability of design, use of materials and renewable energy. The units have in built flexibility to be combined to make larger units subject to demand from local SMEs and individual occupier requirements.
Steve Russell Director Falmouth Developments Ltd said, “We are pleased to undertake this significant employment space scheme in Falmouth at this time and representing a major investment in providing much needed business space for SMEs. Falmouth is a vibrant growth town and the project will support the creation of new jobs and opportunities within the local economy.”
Russell Dodge Managing Director of Business Location Services Ltd acting as project managers and agents for the development said, “There is an acute lack of supply of high quality employment space in Cornwall and particularly in Falmouth where we have extremely strong interest from local SMEs in the development.”
Councillor Bob Egerton, Cornwall Council’s Portfolio Holder for Economy said, “I’m delighted to see European investment in association with private sector investment working together to create important new workspace for Cornwall. Our SME business community is essential and we must ensure there are suitable facilities for businesses with expansion ambitions to move into and grow. I look forward to seeing the first businesses moving in.”
If you are interested in locating at the new workspace at Bickland Industrial Estate in Falmouth, please contact Russell Dodge on info@bls.co.uk.