If you are in the business of advanced engineering in any sector, Cornwall has a new location for you. Tenants in Cornwall Council’s new Enterprise Space for Advanced Manufacturing (ESAM) will occupy a combination of office units and industrial spaces that are designed to promote collaborative working, with common access to shared facilities and business support services. This modern development is being built to BREEAM Excellent standards, offering your business and your staff a high quality and productive work environment. Sitting at the top of St Austell Bay looking across the breath-taking south Cornish coast, the site has access to excellent road, rail and flight networks and, with superfast broadband connectivity, you’re never far from anywhere when you’re working and doing business in Cornwall.
ESAM is the flagship development on the Carluddon Technology Park and will be ready for occupation in summer 2018. It will kick start physical and economic regeneration of the area and bring benefits to new and existing advanced manufacturing businesses, including in the low carbon environmental goods and services sector. The development will create up to 75 high value jobs and set a benchmark for design quality.
The 2,300 m2 ESAM building, contains 25 industrial and office units which are now available for lease. The workspaces vary in size from small office and industrial units at 32m2 to the largest industrial units at 90m2 with opportunities for additional mezzanine accommodation. The options provide tenants with an attractive choice that suits their needs now but most importantly supporting their growth in the future.
Advanced engineering is one of the fundamental building blocks of the Cornwall and the Isles of Scilly Strategic Economic Plan, Vision 2030. The evidence, on which the strategy is based, clearly indicates that emerging market areas can contribute to our economic prosperity.
The Strategic Economic Plan concludes that Cornwall and the Isles of Scilly can lead the UK and compete with the world in advanced engineering and digital innovation. This will drive growth of large-scale aerospace, microelectronics, high tech marine engineering and energy sectors. At the same time, the opportunity exists to create new industries across environmental technologies, digital health and the creative sector.
Add to this the research and innovation excellence within the universities and institutes and we have the essential elements to support and grow the thriving SME business community.
In a clear sign of commitment to advanced manufacturing, Cornwall Council has invested £2.7 million, leveraging £6.2 million of European Regional Development Fund investment in the project. Cornwall Development Company has been commissioned to market and secure tenants in the building. To ensure the success of ESAM the team is working with the Cornwall Manufacturer’s Group, the SW Manufacturing Advisory Service, Invest in Cornwall, the Cornwall and Isles of Scilly Growth Hub, and other local and regional partners to promote the advantages to businesses of locating in ESAM.
Early conversations with potential occupants have been very positive with both local and national interest. Collaborative workspaces have a proven record of stimulating creative and innovative solutions that result in bringing new and successful products to market. Cornwall Development Company are working on a number of exciting joint working opportunities with existing initiatives in the marine and aerospace sector to benefit local businesses and attract inward investment to Cornwall.
If you are interested in learning more about what ESAM has to offer your business please visit: https://www.choosecornwall.co.uk/property/esam/