NEW business park developments are bringing investment, jobs and great opportunities to our region.
And two new sites are putting Durham Tees Valley Airport firmly on the commercial property map.
A £110m industrial development has been announced for the airport which is set to generate around 2,000 jobs and attract massive inward investment.
The Skylink estate will comprise predominantly large-scale industrial and distribution centres on a 250-acre site to the south of the airport. A main road will run through the centre, providing direct links with the A67, while light industrial and ancillary offices will also be created.
Joe Docherty, chief executive of project partner Tees Valley Regeneration, said “discussions have begun with potential partners” for the scheme.
The park will offer more than 1.9m sqft of space and target freight companies and other airport-related businesses needing premises ranging from 20,000-500,000sqft.
Construction of phase one will start early next year. Meanwhile a £75m business park near Durham Tees Valley Airport could also create up to 1,250 jobs.
If planning permission is granted, the scheme will consist of 11 two-storey commercial units comprising 14,560sqm in total on brownfield land to the north east of the airport.
The agent for the development is Darlington-based Blackett Hart and Pratt (BHP), which is acting on behalf of the applicant and current owner of the site, development firm Sven Investments.
Steve Barker, head of planning at BHP, said the scheme would offer a different product to other local developments.
Under the proposals, each unit could be sub-divided to produce individual office suites ranging in size from 50 to 2,000sqm and arranged around a central atrium. It is thought the offices would be ideally suited to small businesses and start-up companies linked to the airport.