Enterprise Zone unveils road to further investment

Enterprise Zone unveils road to further investment The designated Enterprise Zone of the Marches LEP, Skylon Park, has welcomed two new investments following the completion of a £500,000 access road in…
Enterprise Zone unveils road to further investment
The designated Enterprise Zone of the Marches LEP, Skylon Park, has welcomed two new investments following the completion of a £500,000 access road in the north of the site.
Electricity network company Western Power Distribution and construction industry supplier Marches Global have developments under way at the Hereford Enterprise Zone.

The multi-million investment follow the building of a new access road which has opened up an area of land known as the North Magazine in Rotherwas.
Chairman of the Enterprise Zone Board, Bill Jackson, who is also a member of the Marches LEP Board, said: “It is fantastic to see progress gaining pace at Skylon Park. Western Power’s development is already half-completed and I was really pleased to see how quickly the build is coming along when I toured the site recently.”
Western Power Distribution is building a major new regional centre next to Chapel Road, offering engineering facilities, office space and storage for the company as well as significant apprenticeship opportunities for young people in the area.
Mr Jackson added: “Marches Global’s contractors have moved on to site this month and the steel structure is expected to be up in the next few weeks. Across Skylon Park, there is 40,000 sq ft of workspace built or under construction already.”
LEP Chairman Graham Wynn said the new access road would open up 20 acres of development land.
“The ability of the Zone to reach its potential is of vital importance to the whole of the Marches region with the LEP retaining the business rate uplift generated by new companies locating at Skylon Park.
“Companies not just in Herefordshire but in Shropshire and Telford & Wrekin will directly and indirectly benefit from the investment at Skylon Park – whether that comes from supply chain boosts or the creation of new infrastructure in the Marches paid for by the business rate uplift.”
The new North Magazine road, which is 500m long, has a design which incorporates necessary sustainable drainage solutions and footway and cycle path connections to the Greenway cycle network.
The investments follow the official opening of the first completed development by Beck Products, a leading UK supplier to the construction and horticultural industries. Its new 13,000 sq ft base was built by Leominster Construction.
Businesses investing on the site are offered a number of benefits including business rates relief.
ENDS
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