£15m hi-tech business park from Pendle Russells JV

January 05, 2014

£15m hi-tech business park from Pendle Russells JV

Manchester-based Russells Construction has joined forces with Lancashire’s Pendle Projects to develop a £15million business park on the edge of Bradford. Baildon Business Park will offer 140,000 sq ft of business space, with 11,500 sq ft of restaurant / retail available on the road frontage.

Allocated for the development of a high-tech business park by Bradford Council, outline planning permission exists for B1, B2 and B8 ancillary units. A new junction from the A6038 Otley Road into the 13-are site, has already been installed by the council.

Agents are in discussions with six potential occupiers, with three having progressed to legal negotiations. All are in the research and development, pharmaceutical or engineering sectors.

A detailed planning application for one of the 25,000 sq ft units has been submitted by Manchester’s AEW architects. Subject to approval, Russells Construction would commence the build in 2014.

Andrew Russell, director of Russells Construction, said: “The launch of this development will provide high-tech businesses with the opportunity to build and own a modern facility, designed to their own specification. We’ve worked with a number of laboratory and advanced engineering firms over recent years and found there is an appetite for the development of bespoke premises in this sector.

“The formation of Pendle Russells Ltd brings together different skill sets which, working closely with the first occupier and Bradford Council, has unlocked the potential of this site and allowed this project to progress and help bring hundreds of jobs to this area.”

Mark Taylforth, director of Pendle Projects, said: “There has been very strong interest in this site and we’re pleased to have six companies in negotiations. There has been virtually no industrial development in the last five or six years and there is no one else offering new build in this area, so there is a pent up demand for units of this size from companies who are doing well and are expanding, or looking to move to new premises to allow for expansion.”

Each of the units will be designed and built to meet the requirements of the owner occupiers. The high-tech business park has been a desire of the council for a number of years, having been identified in the Airedale Masterplan as providing an ideal opportunity for hi tech companies which wish to be located in the Aire Valley.

Coun Susan Hinchcliffe, Bradford Council’s Executive Member for Employment, Skills and Culture, said: “This is great news and shows that Baildon Business Park will provide Bradford with the ideal location to attract modern high-tech industry and commerce to the area.

“It will be a great boost to the regeneration of the district and provide the kind of sustainable employment opportunities we need to make the most of our highly-skilled and motivated workforce.”

Baildon Business Park is being marketed by agents Atkinson Associates, Knight Frank and Dale Eddison. For information contact 0113 244 3242.

Russells Construction is one of the region’s leading main contractors working across hotel, retail, leisure, office, industrial, logistics, healthcare, education and residential. The Manchester-based firm, established in 1997, undertakes new build and refurbishment projects for some of the largest developers across the North West and beyond, and has built a reputation for innovation, quality and proven delivery at a competitive price. Clients include operators such as LCG Standards, Duerrs Jam, Premier Inn, Travelodge, Holiday Inn, Park Inn by Radisson, Waitrose, Morrisons, and Yearsley Group, and developers including Peel Holdings, Royal London Asset Management, Bruntwood and LPC Living.

Pendle Projects is a property development and investment company. Founded by Mark Taylforth, formerly development director at Barnfield Construction, Pendle is currently involved with a mixture of retail, residential and industrial schemes totaling over 500,000 sq ft across the North of England.

Baildon Aerial with keyline