21.02.05
Work Begins on High-Tech Business
Units
Mark Downton of Newmark
Projects (left) and Russell Dodge of BLS (right) are on hand
when work begins on the Southgate Technology Park
Work has begun on a £2 million plus development
to provide workspace for high technology businesses. It is
estimated that, when the three new buildings are completed,
Southgate Technology Park will create 54 jobs. The development,
on the former football ground near Launceston's Pennygillam
Industrial Estate, will cover 1.1 hectares about the
size of two football pitches.
The development will comprise of four high specification
offices and production business units encompassing sustainable
design features including high insulation, rainwater harvesting
and reuse and short-flush toilets. The total cost of the project
will be in the region of £2.3 million and Newmark Projects
Ltd received £678,031 of investment from Objective One's
European Regional Development Fund.
Director of the Objective One Partnership, Carleen
Kelemen, added: "Workspace tailor made for high technology
businesses is important for this region. These high-value
businesses are a growing sector and should help to increase
the wealth of Cornwall and the Isles of Scilly through wages
and output.
"Objective One has already invested
in high technology workspace in Truro and I am pleased that
work has begun on a site in a different area that can only
widen Cornwall's appeal to businesses."
With 2 x 457 sqm units, 1 x 923 sqm and 1 x
988 sqm totalling some 2,825 sqm of floorspace, there will
be a flexible internal layout so businesses can have either
high office content and/or production areas. The building
contract has been let to Plymouth-based MPL Engineering and
work on the development will be completed by the end of 2005.
The project has been put together by Truro-based
Business Location Services Ltd who have been responsible for
a number of major Objective One invested employment space
projects including a large office development on Truro Business
Park and a large factory development for Stralfors PLC, at
Cardrew, Redruth.
Managing Director Russell Dodge said "There
is currently an acute shortage of high quality space in Cornwall
and the Southgate Technology Park project represents a major
private sector initiative. Pennygillam Industrial Estate at
Launceston is a strategic gateway location to Cornwall and
we are already receiving strong interest from potential occupiers
even before the units are built."
For further information please contact the Objective
One Communications Team
Tel: 01872 223439
Email: cmorgan@cornwall.gov.uk

Editor's notes:

Clare Morgan
Media Relations Manager
Objective One Partnership Office
Castle House
Pydar Street
Truro TR1 2UD
Mobile: 07973 813647
Telephone: 01872 223439
cmorgan@cornwall.gov.uk
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