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| news SOUTH GLOUCESTERSHIRE FLYING HIGH


Filton Enterprise Area A world-class centre for aviation innovation, with room to grow a diversity of aerospace and associated business in the sought after north fringe of Bristol within a stones through of one of the most exciting new urban housing developments in the country. Located close to the M4 and M5 motorways, Filton is centred on the vast and historic advanced engineering and aerospace cluster, which consists of prime and tier one manufacturers supporting an array of local supply chains. Coupled with a world class talent pool and availability of new developments, it’s no wonder that Filton is aiming to be the European powerhouse for the aerospace industry. On top of £70m of investment in new


building in Filton in recent years, Airbus is opening a £38m Wing Integration Centre here in 2017: some 300 highly skilled engineers will stress test aircraft wings, fuel systems and landing gear using the latest technology. Planning has been approved for


Horizon 38, a £120m, 1.2m sq.ft mixed-use development comprising storage, car dealerships, trade counters and a luxury flagship hotel. Funding is already in place for nearly 600,000 sq.ft of warehouse and industrial units courtesy of a deal between St Francis Group, Marcol Industrial and the BP Pension Fund. Filton is well known for the retail offer


at The Mall at Cribbs Causeway. It’s allure also continues unabated for car brands: Nissan and Ford have just built dealerships here, Tesla has a showroom in the Mall and the area will soon be home to showrooms full of gleaming Rolls-Royces and Aston Martins with units in development alongside existing BMW, Audi, Porsche and Mercedes-Benz.


Emersons Green Enterprise Area Where academic innovation drives business and entrepreneurship, Emersons Green is a hotbed of collaboration, ambition and scientific breakthroughs located next to the M4/M5 motorway corridors.


The showpiece is Bristol & Bath Science


Park, home to 40 tenants and supporting 350 highly-skilled jobs. Recent expansion has created accelerator space, workshops and labs for growing businesses, while the University of Bath is marrying academia and industry to develop advanced propulsion systems for the automotive sector in a new innovation centre. The Science Park is also home to the


National Composites Centre, an internationally renowned hub for aerospace, automotive and heavy infrastructure industries that’s expanding fast thanks to a new R&D and commercialisation facility. Other flagships include Stoford


Developments’ £12m, 36,000 sq.ft grade A office development, already pre-let to ALD Automotive and scheduled for completion in November 2016. The Science Park has outline consent granted. Emersons Green also offers an


adjacent new residential community and additional emerging employment land to add to its mix of small and medium-size offices, light industrial units, warehouses and logistics firms.


Avonmouth-Severnside Enterprise Area A vast estuary zone connected to the world via sea, road and rail. An ideal location for large scale logistics and environmental technologies. Stretching along five miles of the estuary between Bristol and the River Severn, the zone comprises 1,800 hectares of industrial, brownfield


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and greenfield space. Avonmouth is home to Bristol Port, rated as the UK’s most cost- competitive deep sea port for logistics and with planning consent for a new deep sea container terminal is set for bigger and better things to come. Investors also benefit from immediate access to M5 and M49 motorways, an upgraded A road system, and quick access to Bristol Airport and the city’s main railway stations, both under half an hour’s drive away. Millions of pounds are being ploughed


into this area’s infrastructure, opening the door for pioneering logistics firms and retailers, energy companies, industrialists and entrepreneurs. With a new M49 motorway junction on the horizon, locating here will unlock a potential to serve 75% of the UK population within a 4 hour HGV drive time. Fast transport links are attracting large retailers such as The Range, which is building a £100m warehouse and distribution centre and creating more than 1,000 jobs. Energy is another exciting new


presence: SITA UK’s Severnside Energy Recovery Centre is on track to generate power for up to 50,000 homes from 2016. Also, start-ups are being drawn here


thanks to the £1.2m Coastal Communities SevernNet Working project, which is establishing business hubs, cycle paths and shuttle bus routes to connect homes to work. SITA UK’s Severnside Energy Recovery


Centre should be complete by the end 2016, while The Range’s 55-acre warehouse and distribution centre opens in 2017. A large percentage of the enterprise area benefits from an extant planning permission ensuring expedited development. Visit www.insouthglos.co.uk


COMMERCIAL PROPERTY MONTHLY 2016


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