‘Hearder’ the one about the business park that keeps on growing?
Plymouth City Council has this week approved the business case to build Phase 3 of Langage Business Park.
Up to 68 jobs could be created as a result of the high quality commercial workspace that is now getting the go ahead.
Phase 1 of Hearder Court at the business park was completed in 2015 and the entire 30,000 sq ft high quality scheme quickly snapped up by local and expanding up-market food producer Dartmouth Foods Ltd.
Phase 2 was finished last November and is already 40 per cent let, with significant market interest. Now it’s all systems go for the third and final phase of the development as part of the Council’s ongoing pro-active approach to attracting business.
Council leader Tudor Evans said: “We are creating much needed work units for businesses to come here or expand.
“This is a real success story for Plymouth, for its businesses and for our residents. We are tackling the shortage of suitable modern work space, by building units for business. This makes sound business sense for us. Not only are we helping local businesses and their staff, but the rent we receive from these buildings will help keep vital services running.”
The proposed new development will be similar to phase 1 and 2 and will comprise up to 2,485sq m (26,750 sqft) of high quality commercial workspace. The scheme will incorporate sustainable technology to minimise carbon emissions and running costs, potentially including: solar photovoltaic, increased levels of insulation, increased levels of natural daylight and ventilation and highly efficient heating systems.
Commercial agents reporting on the industrial market in Plymouth say it has continued to improve with a greater number of transactions being carried out. The improvements within the market have seen industrial estates, which have always had a turnover of tenants and a number of units vacant, now being fully let.