Newspaper article The Journal (Newcastle, England)

Building for Business; BUSINESS DURHAM

Newspaper article The Journal (Newcastle, England)

Building for Business; BUSINESS DURHAM

Article excerpt

BUSINESS Durham has been formed with the support of Durham County Council in response to the current, challenging economic environment. Its responsibility is to play a leading role in the delivery of business support in the county. It will also take a strategic lead in continuing the diversification of the economic structure of the county through the creation and development of innovative and creative industries.

A key priority of Business Durham is to maximize the benefit of the county council's business property portfolio. To support the achievement of that goal, a pounds 3m project to develop more quality office environment in Consett has been given the go ahead, with construction due to begin in summer 2012.

Based at Consett Business Park, the high specification offices will provide a long-term facility for over 35 new start and existing small to medium enterprises (SMEs) to enable their future development and prosperity. It is expected to create over 80 jobs and support the overall regeneration of the Consett and North Durham area.

The project has secured pounds 1.5m investment from the European Regional Development Fund (ERDF) which is managed by the Department for Communities and Local Government, with match funding being provided by Durham County Council.

The two-storey development will satisfy the significant increase in demand for small office units in the area offering easy in/easy out occupancy arrangements and providing access to excellent IT and business accommodation facilities.

The 2.2-acre site will also boast green credentials, being constructed to BREEAM (Building Research Establishment Environmental Assessment Method) "Excellent" standards - lowering carbon footprint.

The site is part of the successful Derwentside Business Centre complex managed by Business Durham. Businesses will have access to state-of-the-art facilities, including modern office accommodation with broadband connectivity, conference and meeting room facilities as well as access to a designated management team providing integral office services, such as reception and a telephony system.

Peter McDowell, business property manager for Business Durham, said: "This major office development will be a welcomed addition to the already successful facilities in the area and will make an important contribution towards satisfying the ever-growing demand for high-quality business space.

"Consett Business Park office development will be a huge boost to the economy of the county and is the next step in ensuring that public sector-led projects continue to lead the way in encouraging the economic growth of semi-rural locations."

Business Durham's property portfolio extends right across the County. Modern office space, industrial units and high-tech incubator units all offer a wide range of quality floor space suitable for most business sectors. …

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