Warwick Burt Construction has broken ground on the development of a six acre business park in Daventry.
Approximately 56,500 sq ft of industrial space is being developed speculatively, with 15 units set to be built to support growth within the town.
Groundworks at Signal Park started on 15th September, an official ground-breaking ceremony took place on 8th October 2020 and the construction of the steel frames will start in early December. The scheme is due to be completed by July 2021.
Claymore Investments, Developer, was awarded a £3.2m grant in 2019 from the South East Midlands Local Enterprise Partnership (SEMLEP), via its Local Growth Fund, to cover abnormal land preparation costs, enabling the project to proceed.
Neal Shegog, Claymore investment manager said: “Land available to build on is scarce in Daventry, which is inhibiting business growth. Our six-acre plot is located in one of the main industrial areas in the town. Until recently, the plot was considered unusable because the cost of levelling the hill meant it was considered impossible to profitably develop”.
The development which is called Signal Park, is in recognition of Daventry’s history with radio communications. The Daventry transmitter, which opened close by on 27th July 1925, was the world’s first long wave transmitting station.