Saltire Business Parks, a leading Scottish-based industrial developer, has started construction of sixteen units, which will deliver flexible industrial space to enable business growth across Tayside.
Due for completion this summer, the units will deliver a total of 16,000 sq ft of good quality industrial space across 16 units. The much-needed development offers versatility to deliver a range of units from 1,000 sq ft up to 10,000 sq ft, which can be tailored to the requirements of potential tenants.
Construction work has now started after the development was granted planning permission by Dundee Council. The developer, Saltire Business Parks, will offer flexible space with the aim of helping businesses get operational as quickly and easily as possible.
The £1m investment by Saltire Business Parks will deliver significant local economic growth to the area, creating employment opportunities and the appropriate facilities for small/medium sized businesses to expand.
The estate aims to tackle the lack of quality new industrial space in Dundee, with the market currently characterised by a limited development pipeline. In Scotland less than 10% of available industrial space is new or recently refurbished, while many of today’s tenant requirements are driven by a desire to take modern, more efficient buildings that businesses need to thrive.
The development will support an estimated six full-time construction roles and intends to take on local apprentices in the coming months to support the project.
Located off Mid Craigie Road, the development is situated close to a well-established industrial area in Dundee on a site close to Kingsway East. The proximity to the A90 and A92 marks the development out as one of the best located industrial parks in the Dundee.
Alan Esson, managing director, Saltire Business Parks, said: “this development will provide the quality of space necessary for business to thrive, which will deliver job opportunities and wider economic growth to the Dundee area. We are delighted that construction has now started on a development that will have a very positive effect on the local area.
“There is a lack of industrial development across eastern Scotland and we have already received high-levels of interest from a number of local and national operators enquiring about the space options available, and terms have been agreed on six of the units. We want to help get businesses get up and running as easily as possible by providing quality flexible space on flexible terms.”
This is one of a number of similar projects Saltire Business Park is developing throughout Scotland this year.
Saltire Business Parks is currently delivering Elgin Business Park, which is the largest industrial estate under construction in the north of Scotland. Located on the eastern outskirts of Elgin, the £5m development it is expected to create a substantial number of jobs when complete. Grant assistance from HIE helped facilitate this development.