Durham business park creating 6,000 jobs gets the green light from council
Plans to create the Aykley Heads business park in Durham City have been given the go ahead today (January 17).
The new park could attract more than 6,000 new private sector jobs. The masterplan for Aykley Heads – home to Atom Bank and Salvus House – will now progress and a delivery model will follow later this year.
The Aykley Heads redevelopment is supported by a number of regional organisations including the North East LEP and North East England Chamber as well as Durham University.
Terry Collins, Durham County Council’s chief executive, said: “We have been delighted with the response from the four bidders however we feel the preferred proposal offers the best overall value.
“Separately we have also agreed that the council will re provide The Sands parking spaces and that we will also facilitate additional parking nearby.
“There are a number of high quality developments currently underway along the city’s waterside and we want to make sure we complement those.”
The business park approach is also welcomed by regional business people including Sir John Hall and Edward Twiddy, chief innovations officer at Atom Bank.
More than 1,300 people (excluding the council’s staff) are already employed across the site by 40 companies and there is currently very strong interest from a business looking to move into Northumbria House.
The redevelopment of Aykley Heads is planned across three phases – with the first phase likely to progress in the near future.
The redevelopment of Aykley Heads also involves the council vacating the site and today the council’s Cabinet members made a decision on where the organisation’s new HQ will be built.
The preferred bid was put forward by Kier Property Developments Limited whose costings to build the new HQ came in significantly less than the cost envelope for the project and of the amount associated with staying in County Hall.
Cllr Simon Henig, leader of the council, said: “Throughout this process we remain committed to working with all the partners and stakeholders involved.
“We want to ensure Durham City’s waterfront developments complement each other and to support the delivery of an even more vibrant economy, while providing a unique business location at Aykley Heads attracting several thousand additional jobs.”