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| wales


MENAI SCIENCE PARK DEVELOPS A FIRST FOR WALES A


nglesey,North Wales may be known to many for its tourism, outdoor pursuits, and agriculture. However, the focus is shifting, and Anglesey is becoming a key destination for businesses focusing on R&D and company growth, from SMEs to larger companies.


Menai Science Park (M-SParc) is being built upon this fact, and hopes to diversity and stimulate the economy of North Wales, by becoming Wales’ first dedicated Science Park. Only a short drive from owners Bangor University in Gwynedd, M-SParc is changing the way businesses work in North Wales. More importantly, it’s changing how they grow.


Until recently, North Wales business was shared into incubators and techniums, developed in order to provide office space for growing companies in the technology and science sectors. However lack of company growth, and businesses leaving the area occurred, as there was not the physical space for companies to be able to grow and move while remaining in the region.


The Welsh Government and Bangor University, worked to mitigate the problem


CGI image of the M-SParc building, courtesy of FaulknerBrown Architects


by developing a Science Park. With a focus on the emerging strengths of the University and expertise in the region, which are Low Carbon, Energy and Environment, ICT and Natural products, M-SParc is answering a demand for not only office space, but laboratories, workshops, a shared coworking space, and meeting rooms. Importantly, the building is also flexibly built so that companies can physically grow without needing to move, even expanding


to their own building on a plot at M-SParc. In addition to this, M-SParc also provides dedicated and bespoke business support to all its tenants, in order to actively develop and promote growth. M-SParc is built on an ethos of openness and positivity, encouraging tenants to share ideas and use communal areas. Opening in early 2018, M-SParc will be a building with a difference, and could change the way businesses develop in North Wales.


PARC BRYN CEFNI ENTERPRISE ZONE N


generation. The EZ5 Bryn Cefni site is one of the top 3 premier EZ sites identified on the Island due to its strategic position in the centre of the Island, and its links


ew business units and modern office space will be made available to let on


the Parc Bryn Cefni Enterprise Zone on the Isle of Anglesey in early 2019. There are an unprecedented number of major private sector development proposals on Anglesey with the scale of planned investment in low carbon energy sector alone amounting to circa £12bn over the next 15 years. The Wylfa Newydd Nuclear New Build, along with other proposed major developments on Anglesey, presents a once in a lifetime opportunity to transform the economy and communities of the Island as well as offer supply chain opportunities. Anglesey's Enterprise Zone (EZ) status alongside the Energy Island Programme (EIP) is driving the island’s growth into a world-renowned centre of excellence in low carbon power


38


with the Grwp Llandrillo Menai Campus that will serve the energy sector developments over the next decade. The new premises in Llangefni will


offer a total of 5 units, providing over 1,200m² of office, light industrial and storage space for businesses on the industrial estate and around 700m² of office space as an extension to the Anglesey Business Centre. Anglesey’s


Head of


Regulation and Economic Development, Dylan Williams, said: “These new


COMMERCIAL PROPERTY MONTHLY 2017


units will support the continued economic growth of Anglesey, the wider North Wales region and the ongoing development of our Energy Island Programme.”


The Isle of Anglesey County Council was successful in securing £4.2m of EU funding to enable these developments which will complement other EU backed business premises in the area, including seven business units on the Llangefni site and the nearby Menai Science Park. For further information, please


contact propertyenquiries@anglesey.gov.uk


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