Horncastle has started on a 20 acre development at Junction 38 on the M62, which will consist of a new employment park providing office, industrial and warehouse space for business users in the region.

The first phase, which is being built with funding assistance from the European Union, will comprise of 450 sq.ft and 900 sq.ft Eco-Offices and an Industrial building extending to 20,000 sq.ft together with infrastructure. Green Park will provide business users with competitively priced, high-quality and energy efficient business space in an increasingly popular location close to Newport, which in recent years has attracted businesses including J.Z Flowers and Evergreen as well as many SME’s.

After a very competitive tender exercise, PDR Construction Ltd has been appointed as the contractors for Green Park, and has commenced work on the site, which is due for completion in April 2015.

In addition, a planning application has been submitted to allow a single wind turbine to be built on site to generate part of the electricity required by the buildings, and reduce the environmental impact of the development. The provision of the infrastructure will allow serviced plots for future phases and Horncastle are able to offer design and build packages on these.

Eco-offices are for sale from £95,000, or to rent on flexible terms. The ‘Eco-Industrial 20’ building is available to buy from £70 per sq.ft and to rent from £5.25 per sq.ft, exclusive of VAT.

The project is being supported by the European Union ERDF 2007 – 2013 programme.

For more details of the development, please contact Ian Hodges on 01482 631295.