Pictured above: Chris Baker, Senior Development Manager for The Homes and Communities Agency (HCA) and Sarah Raper, Chief Executive of Transforming Telford at Telford Technology Park
The launch of the newly rebranded Telford Technology Park is set to boost innovation in technology in Telford and help secure the future of the town’s economic growth in the sector.
Formally known as Nedge Hill Science & Technology Park, the 32 hectare site, located within the Wolverhampton Telford Technology Corridor, is a major development opportunity for high technology companies across the West Midlands region.
Future developments will see Telford Technology Park firmly established as a major opportunity for technology based businesses. It aims to create over 1,800 jobs primarily in high technology industries by 2020.
A number of serviced plots are immediately available in the first phase of the project, Telford Technology Park West and potential future phases in Telford Technology Park Central and East are currently being promoted through the Local Development Framework.
Chartered surveyor Thomas Lister were appointed in June 2009 to release the first site, seeking expressions of interest from developers to construct, own and operate an Enterprise Centre and Managed Workspace within phase one of the development. A number of high quality developers have responded to the contract notice placed in the Official Journal of the European Union (OJEU), which indicates a positive start to future developments.
“We are delighted that this site has been brought to market,” said Chris Baker,
Senior Development Manager of the Homes and Communities Agency (HCA),landowners of the site. “The rebranding and marketing of Telford Technology Park will see the area firmly established as a major opportunity for technology based businesses looking to locate to a high quality, landscaped environment,” he said.
Located one mile from Junction 4 of the M54 and within close proximity to the University of Wolverhampton’s Telford Campus, Telford Technology Park is already home to a cluster of high technology companies, including Infoteam International Services, Mitac UK, SmartWater Technology, Synnex Information Technologies and Trac Measurement Systems.
“The Technology Park reflects the importance Telford places on this industry,” said Sarah Raper, Chief Executive of Transforming Telford. “Currently 38 per cent of our workforce is employed in the knowledge economy and it is essential that we grow this sector; ICT, digital, environmental and building technologies will be a major contributor to the town’s future growth.”
“A high quality Technology Park will attract prestigious national and international technology-based companies into Telford, from where they will be able to serve the region.”