Property agents appointed to lead TeesAMP development creating 1,000 jobs
The team behind the forthcoming TeesAMP advanced manufacturing park has been chosen.
Property agents, Dodds Brown and Cushman & Wakefield will work on the project which is expected to bring up to 1,000 jobs to the Tees Valley.
It marks the latest step in the development of TeesAMP - one of the largest commercial property projects of its kind in the UK.
TeesAMP is the result of a partnership between Middlesbrough Council, Tees Valley Combined Authority and Cleveland Property Developments.
Stephen Brown, of Dodds Brown, said: “Dodds Brown is delighted to be working on the TeesAMP project which holds such significance for the Tees Valley economy.
“This is about much more than accommodation for businesses - it’s about providing a wrap-around package of support including skills and training.”
Middlesbrough Council has provided a £12.5m investment for the project while Tees Valley Combined Authority has provided £7.6m.
Richard Scott, partner in Cushman & Wakefield’s National Industrial & Logistics team, said: “We’re excited to be working with TeesAMP - one of the most significant industrial developments in the UK.
“With demand for high quality accommodation among advanced manufacturing companies, this development will bring innovative companies and high value jobs to the Tees Valley.”
The park will offer 180,000 sq ft of high quality accommodation across 17 buildings in its first phase.
Geoff Hogg of Cleveland Property Developments, added: “It’s fantastic to have a high quality team - including two prominent Tees Valley companies - to make TeesAMP a reality.
“With the expert market knowledge of Dodds Brown and Cushman & Wakefield, TeesAMP will be promoted to growing businesses that need space, skills and connectivity to fuel their growth.
“The development will also help to promote the wider Tees Valley on the international stage.”
Plans for the park were recently submitted to Middlesbrough Council, and a decision is due within weeks.
Tees Valley Mayor, Ben Houchen, concluded: “Advanced manufacturing is a key growth sector in our town and TeesAMP will provide world class space for companies to grow even further.
“Backing this project shows that in Teesside we are ready to do what it takes to attract high quality jobs. These companies represent a mix of local knowledge and global expertise which will help the site enrich Middlesbrough and the whole of the Tees Valley.
“Sites like TeesAmp are a crucial part of my plan to bring investment to our area. To make the most of the opportunities they bring, it falls on all of our local politicians to start talking up what our region and its people have to offer.”