MEPC is to develop a bespoke headquarters building of 18,500 sq ft at 155 Brook Drive at Milton Park in Oxfordshire to be leased to DC Payments Ltd, which is the UK division of a Canadian provider of innovative ATM products and services, which has more than 20,000 machines around the world processing millions of transactions every week.
DC Payments Ltd employs 60 staff which are currently located at two sites in Abingdon and will relocate to the new purpose built UK head office facility in 2016. The building will have two floors of office space and a high quality engineering, manufacturing and testing workshop.
155 Brook Drive is an attractive site, located in the Enterprise Zone. Plans for the new building have been approved in accordance with the Milton Park Local Development Order, which is a simplified planning process designed to significantly speed up decision making to drive economic development. Construction will commence in July 2015, with completion due in February 2016.
Tim Wilder, managing director, DC Payments Ltd said: “We are currently spread across two sites and wished to consolidate into one modern HQ to include office, engineering and manufacturing facilities. Our new bespoke building at Milton Park will be a superb place for our customers to visit and our staff to work.”
James Dipple, chief executive officer, MEPC Ltd said: “We look forward to welcoming DC Payments to Milton Park and are delighted that we can help with their exciting expansion strategy. We continue with our ambitious development plans to help businesses thrive, enabling job growth and bringing more investment to Oxfordshire.”
In September 2014, more than 200 people from Crowcon Detection Instruments Ltd, the gas detection specialist, relocated into a brand new, 40,000 sq ft purpose built headquarters at 172 Brook Drive at Milton Park.
The terms of the deal are undisclosed.
