MEPC release stunning imagery from speculative development at Silverstone Park
In October 2019, MEPC confirmed that the 138,000 sqft speculative development scheme at its high-tech business estate, Silverstone Park, will be increased to 258,000 sqft due to market demand.
The construction of the development is underway and MEPC have released stunning imagery and aerial footage that illustrates the rate of progress being made at the Enterprise Zone at Silverstone Park.
The footage, along the Dadford Road on land opposite the Silverstone Circuit, shows the construction of terraced and stand-alone industrial units at an advanced stage. Also evident is the development’s new spine road.
- 258,000 sq ft currently under construction
- Over 85,000 sq ft in legals to five tenants
- 170,000 sq ft available to let, units ranging in size from 6,000 sq ft to 40,000 sq ft
- Six terraced units (1140 to 1145)
- Seven detached units (1500 to 1506)
CLICK HERE to view/download the aerial footage which was recorded by Barnwood Construction, the main contractor on site.
CLICK HERE to view larger images.
CLICK HERE for further information regarding the development.
The development will create an extra 13 industrial units, workshops and R&D facilities at the site, designed to offer greater flexibility for occupiers with unit sizes ranging from 6,000 sqft to 40,000 sqft.
All 13 units fall within the Park’s Enterprise Zone, offering qualifying businesses five years of rate relief from up to £55,000 per year.
“Supply of buildings of this type in tech/manufacturing has been reducing in the area – we are going to restore the supply that the market needs. By offering large units to let, we’re enabling ambitious companies to grow and also freeing up smaller spaces for companies coming in behind them, with the same ambition but at an earlier stage in their business lifecycle.”
Roz Bird, Commercial Director at Silverstone Park