The North West North West Business Park Marks 25 Years with Strong
Chadwick exterior Oct 15
Birchwood Park, the North West’s largest out-of-town business destination, is marking 25 years of business with a flurry of new investments, as well as a 94% retention rate last year, the sixth consecutive year above 90%.
25 years ago, following the sale of Birchwood Technology Park (then owned by the United Kingdom Atomic Energy Authority), Birchwood Park was officially opened.
Since celebrating its 20th anniversary in 2018, the Park has completed a £12m investment programme in refurbishing more than 50,000 sq. ft of office space, its EngineRooms facilities, as well as building five more warehouse units totalling 170,000 square feet.
Birchwood Park has expanded its engineering roster in the last twelve months, with construction engineers Richter, and international system engineers SEMP, among the new list of occupiers to expand their services to the Park.
Year on year, the Park continues to enjoy an industry-leading retention
rate of over 90%, owing to the extensive amenities and wellbeing support provided to all occupiers.
The announcement of a 94% retention rate has been welcomed by the lettings team at the Park, who have had to overcome a challenging period due to COVID restrictions making many businesses across the North West and the wider country reconsider their office plans and downsizing in capacity.
This year, the Park will be continuing its plans for growth, with the completion of four new high-quality, flexible warehouse spaces totalling over 161,000 sq. ft and the commencement of refurbishment works on the 200,000 sq. ft Chadwick House, one of the Park’s iconic, multi let office buildings. These works will initially include replacement windows and improving the energy efficiency of the building.
Recent investment into the nuclear industry brings opportunities for Birchwood Park in 2023. For decades, Birchwood Park has been at the centre of a World Class cluster of nuclear engineering, home to companies such as Jacobs, Cavendish Nuclear, NNL, Nuvia and Rolls- Royce.
Just recently, the Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC) settled at its new home in Birchwood Park, signifying a huge milestone in the Park’s expanding nuclear hub.
With a wide range of warehouse and office spaces available, the Park is hoping to see businesses in the nuclear sector continue to grow its offering and take up greater occupancy going forward.
Alongside a notable year for retention, Birchwood Park’s ESG targets were met once again in 2022. The Park’s sustainability achievements were made possible by sourcing all of its electricity from 100% renewable energy suppliers, recycling more than 75% of waste, and ensuring that no waste was sent directly to landfills.
Looking ahead, the Park’s core objectives remain clear: to drive expansion of its world-class nuclear sector, as well as continuing to meet its Environmental, Social and Governance (ESG) targets.
Martin O’Rourke, commercial director at Birchwood Park, commented: “Since the very beginning, our Park ethos has been ‘Expect More’ – ensuring our occupiers can expect more from their office or
birchwoodpark aerial-45 54 COMMERCIAL PROPERTY MONTHLY 2023
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