A major deal has been signed at Deeside Industrial Park that will continue it’s growth and develop more units at the estate.
A joint venture between Maple Grove Developments and Trebor Developments has seen the two exchange contracts for the acquisition of a 5.3 acre site from Legal and General Investments.
The end development – worth £8million – is located at Drome Road within zone one of the park where an application has been submitted to develop an 87,000 sq ft industrial scheme called Boundary Park.
Designed by Coventry based architects AJA, plans include up to four speculative industrial units that range in size from 10,272 sq ft to 50,000 and built to BREEAM’s ‘very good’ standard.
The site will benefit from Welsh Government Funding with the hope that the new units will attract new business to the area.
Economy and Infrastructure Secretary, Ken Skates has welcomed the development of these new units that will be supported by a Welsh Government Property Development Grant.
He said: “The Deeside Enterprise Zone Advisory Board’s strategic plans highlighted the need for high quality advance units to assist the development of the Zone and I am delighted to support the delivery of this scale of development.
“The availability of ready-to-occupy industrial units can help attract new business, investment and jobs to the area while also providing the opportunity for existing companies in the area to expand and grow their businesses locally so this development really would be great for the local economy.”
Bob Tattrie, Managing Partner, for Trebor Developments on behalf of Trebor/Maple Grove JV commented: “Boundary Park represents the first JV between Trebor and Maple Grove and we look forward to delivering this speculative scheme over the next 12 months.
“We work on many schemes with grant funding and are grateful to Welsh Government for supporting this major project, without grant funding it could not be delivered”.