Matthew Neville

AirView Park Enterprise Zone to support up to 100 new SMEs next to Newcastle International Airport

As part of Bdaily’s latest feature week, The Property Market, we look to two new flexible workspace buildings currently being built on the AirView Park development in Woolsington following a £944k investment from the government’s Getting Building Fund.

Strategically located next to Newcastle International Airport, AirView Park aims to grow the number of businesses in the North East involved in international trade and attract inward investment from startups and SMEs keen to take advantage of the region’s global trade links.

When complete, the two workspaces that form part of Phase Two of the development will have the potential to support up to 100 new SMEs and provide the flexibility for businesses to expand and grow, creating more local jobs and providing a boost to the North East economy.

The £944k awarded to developer Tynexe Commercial Ltd from the Getting Building Fund ensured essential infrastructure works could be delivered during the coronavirus pandemic and construction of the new employment sites could continue.

Helen Golightly OBE, chief executive of the North East Local Enterprise Partnership, said: “By responding to the changes brought about by the pandemic and creating office space that meets the needs of businesses both now and in the future, the new developments at AirView Park have already generated a lot of interest.

“The development’s location next to Newcastle International Airport also supports the North East LEP’s ambition to increase the number of North East businesses that export goods and services from 6 per cent to 9.5 per cent by 2030.”

One of 21 Enterprise Zones sites across the North East, AirView Park aims to create more SME businesses focussed on growing and maximising trade and inward investment between North East England and the rest of the world.

Mark Hunt, chief financial officer at Newcastle International Airport, commented: “The Airport provides multiple daily connections to some of the largest airport hubs across Europe and the Middle East, seamlessly connecting businesses in the region to the rest of the world.

“AirView Park is a prime site that provides a lot of opportunity for growth, export links and inward investment. We are very much looking forward to the completion of the scheme and welcoming the companies that choose to locate there.”

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