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Leicestershire Special Report


This is an area with ambitious plans, leading the way in economic growth in the region, growing the business community and attracting investment to major new developments and quality commercial sites plus there’s an exciting, transforming tourism and leisure sector.


A great place to live, work and visit


The award-winning New Lubbesthorpe development continues apace. A new community of 4,250 new homes, community facilities includes commercial space within easy access of the motorway. More than 350 homes are completed and leases secured for over 430,000 square foot of industrial and logistics space, including e-commerce giant 4PX at Leicester Commercial Park.


Over 4,000 small to medium sized local firms are based across the district, with room for growth and expansion at a mix of smaller new sites. After quick take up of industrial workspace, Blaby Business Park’s expansion is progressing. First sales of the nine purpose built industrial/office units at Glenborough Court, Glenfield emphasise how strong the local market for smaller premises is.


Whetstone’s Whittle Estate will see five new, high quality industrial trade counter units, ready in the Spring. Projects in the pipeline include Stoney Stanton Business Park close to Hinckley, minutes from the A5 and M69, for a speculative build of small warehousing and industrial units by CWC Group, which is expected to start in the summer.


Logistics operators enjoy the district’s great transport connections. Optimus Point at Glenfield proves to be one of the most sought after locations for logistics and distribution in the UK, and a success for developer Wilson Bowden. Over 1,000,000 square feet of new floor


space is now occupied with the last two remaining plots offering 40,000 square feet and 80,000 square feet of warehousing space at this prime site, right next to J21a of the M1


Office suites at Grove Park benefit from on-site parking and easy access. The Grade A offices enjoy the perks of nearby supermarkets and Fosse Park. Gateway House on the site currently offers refurbished accommodation, with up to 20,000 square feet over two floors.


Maximising potential


With the popular Business Breakfast networking events to build local relationships and share ideas and close working alongside Leicester and Leicestershire Enterprise Partnership, Blaby District Council continues its commitment to economic development, promoting a range of initiatives for the growth of local firms.


Recognising that access to a flexible local workforce with the right mix of skills to match business needs is essential to maintain and grow the local economy, the Building Blaby Futures initiative is actively working with local businesses to fill skills gaps and nurture the next generation of talent. Currently working across three major development sites, the opportunities opened up for young and unemployed people is the cornerstone of the Council’s Work and Skills Plan.


Firms locating in Blaby District can maximise their prospects, take advantage of low operating costs and access to well qualified resourceful talent bank of local people with the support of a proactive local authority, advanced local enterprise partnership and an established innovative business growth hub.


BLABY DISTRICT MEANS BUSINESS


TAILORED BUSINESS SUPPORT FOR GROWTH † Access to finance, grants and funding


† Improving training, skills and workforce development


† Options for local recruitment


† Inward investment, development land and premises solutions


† Free business networking opportunities


Email: economicdevelopment@blaby.gov.uk Tel: 0116 272 7735 and 272 7765 www.blaby.gov.uk/business


Funding • Business Support • Skills Development • Growth COMMERCIAL PROPERTY MONTHLY 2020 15


Talk to the economic development team to access help and support for your business


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