An Elgin-based commercial developer has signed up to a new office in Edinburgh as it reveals plans to deliver 200 industrial units across the country.
Saltire Business Parks has acquired three development sites and targeted a further 10 as it plans to invest £10 million in its development programme until 2021.
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The team moving in to Rutland Square is led by Alan Esson, a property professional and former partner at DM Hall, and supported by Sandy Adam, chairman of Springfield Properties .
Construction is under way on sites in Dundee and Elgin, with development expected to start in Badentoy over the coming months, and negations are advanced on other sites. Overall, the development pipeline will support more than 150 full-time construction jobs.
Saltire Business Parks is aiming to tackle the lack of quality new space and facilitate SME business growth.
Managing director Esson said: “There is a lack of industrial development across Scotland, but this problem is particularly acute for space between 1,000-5,000 sq ft.
"SMEs 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 inquiries from both local and national operators.''
“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. 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.”
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Saltire Business Parks is on site at Elgin Business Park, which is the largest industrial estate under construction in the north of Scotland. Located on the eastern outskirts of Elgin, the £5 million development is expected to create a substantial number of jobs. Grant assistance from HIE helped facilitate this development.
Last month, the developer started work on 16 units totalling 16,000 sq ft in Dundee , off Mid Craigie Road. The £1 million investment will deliver significant opportunity for local economic growth.
