East Midlands Team secures another new project in Leicester
Work has begun on the next phase of development at Leicester’s Pioneer Park.
Our East Midlands team are working with Leicester City Council and Brackley Property Developments to build new commercial workspace as part of ongoing work to support the growth of technology and knowledge-based businesses in the city.
The three-storey building will be built next to the managed workspace at Dock and offer office and light industrial workspace across three floors.
The new building will provide 14 individual units – ranging in size from 800 sqft to 1,800 sqft – all providing grow-on space for Dock-based businesses that are ready to expand as well as new businesses looking to join the existing entrepreneurial community. The building itself will complement the look and feel of the original building, with similar materials used in its construction.
Once complete, the new building will become part of the Dock campus and be managed by the City Council.
City Mayor Peter Soulsby said:
“This important new phase of development at Pioneer Park will build on the success of Dock with a space for growing businesses to make their next step.
We want to help grow Pioneer Park as a hub for technology and knowledge-based industries, improving the city’s economic prosperity, supporting enterprise and creating jobs. The success of Dock gives us an excellent foundation on which to build.
These new managed workspaces are a vital part of that. They will provide much-needed grow-on space right next door to the thriving business community at Dock and close to the exciting Space Park Leicester development.
I am pleased that we are able to work with a local developer on this exciting scheme.”
Stephen Pedrick-Moyle, Managing Director of Brackley Property Developments Ltd, said:
“We are thrilled to have been selected by Leicester City Council to develop this exciting scheme which we hope will attract new businesses and allow existing businesses in the area to expand within this key regeneration scheme.
Work on the £3.6million extension to Dock is expected to be complete by early 2021 – with the first tenants moving in by late spring.
Kevin Harris is Chair of the LLEP Board of Directors. He said:
“Dock’s great success for our local economy has been in attracting high tech, low carbon and innovative businesses to this purpose-built workspace. I’m very pleased, therefore, that the site is being expanded with this new development.
It is very important that we continue to develop our offer to businesses in this way. By allocating Local Growth Fund money to projects like the one at Pioneer Park, we can ensure that we support businesses for years to come. They in turn will create jobs, increase prosperity, and make a valuable contribution to our local economy here in Leicester and Leicestershire.”