Durham City business park set to deliver 4,000 jobs secures £6m funding
Plans for a ‘major’ new business park in County Durham that is set to create thousands of jobs move forward after securing multi-million pound government funding.
Durham County Council has secured £6m from the Getting Building Fund to progress plans for the proposed Aykley Heads Business Park in Durham City.
The funding will cover half the cost of the first building at the site, enabling the creation of office space on ‘Plot C’, which has been identified as Phase 1 of the development for the new business park.
Comprising three-storeys, the building will offer 3,500 sqm of office space, providing flexible accommodation to either single or multiple employers.
It is expected that up to 4,000 jobs will be delivered through the multi-million pound scheme, establishing Durham as a “jobs hub” within the region.
Cllr Simon Henig, leader of Durham County Council, said: “I am delighted that we have secured government funding to cover half of the cost of the first new building at the proposed Aykley Heads Business Park.
“It’s just three weeks since we announced that a planning application had been submitted, marking the start of the process that will see up to 4,000 new, high quality jobs coming to Durham.
“Today marks an important next step in bringing forward the first building and turning our vision into a reality. It is clear that the government has seen the potential of the site and its excellent locational advantages and the tremendous environment that already exists.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →