A SCOTTISH-based commercial developer has signed up to a new office in Edinburgh and revealed plans to deliver 200 industrial units across the country.
Saltire Business Parks has acquired three development sites and targeted another 10 as it plans to invest £10 million over an initial development programme until 2021.
The investment is set to create employment opportunities and deliver facilities for SMEs to grow.
Alan Esson, managing director at Saltire Business Parks, said: “There is a lack of industrial development across Scotland, but this problem is particularly acute for space between 1000-5000 sq ft.
“Scotland’s economy is built upon the success of its SMEs, and they need the right type of space to thrive and grow.
“Saltire Business Parks’ commitment to deliver 200 units will help satisfy market demand and we are already receiving enquiries from both local and national operators.
“We are actively looking for sites from one acre upwards throughout Scotland to provide business space and would be delighted to hear from site owners and agents.”
The developer also announced that it has signed up to a new office at Rutland Square in Edinburgh.
Esson, a former partner at DM Hall, continued: “I’m naturally delighted our team is expanding as we progress our plans and the new office at Rutland Square provides us with the necessary space for future growth.”
Property professional Esson is leading the development team with support from Sandy Adam, chairman of Springfield Properties.
Construction has already began on sites in Dundee and Elgin, with development expected to start at Badentoy, Aberdeen, over the next few months.
Last month, Saltire Business Parks started work on 16 units totalling 16,000 sq ft in Dundee. Located off Mid Craigie Road, the £1m development is situated close to a well-established industrial area in Dundee on a site close to Kingsway East.
The developer’s £5m Elgin Business Park project is also expected to create a substantial number of jobs when complete. Grant assistance from HIE helped facilitate this development.
The firm says overall the development will also support more than 150 full-time construction jobs.
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