Leading commercial developer, Trebor Developments LLP, working in partnership with Burnley Borough Council, have announced the commencement of Phase One of Vision Park Burnley and site infrastructure, following the award to the partnership of infrastructure funding through the Lancashire LEP.
Trebor Developments will be investing £1.7m of LEP funding in the infrastructure, bringing forward the 5.5 acre Vision Park site and will develop Phase One industrial starter units and grow on industrial space extending to 34,500 sq ft in total. Phase One will be handed back to the Council on completion, for the Council to operate.
The scheme benefits from detailed planning consent and it is anticipated that commencement on site will proceed from Autumn 2016 for completion in Summer 2017.
Two further phases of development will be available at Vision Park, providing either office or industrial accommodation on each plot of up to 30,000 sq ft.
Bob Tattrie, Managing Partner of Trebor Developments, commented: “The securing of Lancashire LEP funding towards the infrastructure for the site is a milestone that will allow us to now bring forward Vision Park Burnley development on a viable basis. Phase One will be delivered over the next 12 months and provide much needed employment accommodation within the area with units from 1,500 sq ft and fulfil a gap in the market which is not being brought forward through normal commercial development to provide start up space for SMEs”.
Burnley Council Leader, Mark Townsend said: “This £1.7 million will enable us to get spades in the ground for the Vision Park.”
“Vision Park will provide a unique offer to advanced manufacturing and digital industries that can connect to the unrivalled manufacturing and robotic technologies in the adjacent education campus.”
“Burnley is becoming a regionally significant centre for advanced manufacturing and we are creating modern business environments to attract growing business in this sector, which will benefit from being based amongst businesses at the forefront of advanced manufacturing and digital industries.”
“Several blue chips companies have relocated to Burnley in the last couple of years. The town is being recognised as a go to place for business, with a ‘can do’ approach to support businesses. Hailed as a town with the best growth prospects in Lancashire by Experian, and a top 5 north west boom town set to thrive by the Estates Gazette, businesses are cottoning to Burnley’s potential and Vision Park will add to Burnley’s business development offer.
The partnership is behind improvements to junctions along the M65 as part of the Burnley and Pendle Growth Corridor.“
Trebor and Burnley’s joint agents for Vision Park are Trevor Dawson and Bilfinger GVA, end user specific design proposals are now available for phases Two and Three to meet specific occupier requirements.
