£1m Objective One investment in St Austell Enterprise
The Objective One Programme for Cornwall and the Isles of
Scilly has announced a £1 million investment in the
St Austell Enterprise Park at Carclaze, St Austell.
The £20 million project is being developed by commercial
property company Rok Development, part of Rok Plc, and will
accommodate up to 550 jobs once completed.
The Objective One investment will support phase one of the
project, which will include high quality office space and
a range of flexible light industrial units in a stunning location
overlooking St Austell Bay.
The 10 acre site, situated off the A391 to the north east
of the town centre, will also include a £4.5 million,
61 bedroom Premier Travel Inn and a Brewers Fayre restaurant
and pub which are being developed separately by Whitbread.
Carleen Kelemen, Director of the Objective One Partnership,
said: "St Austell Enterprise Park is part of more
than £76 million worth of projects that have received
investment from Objective One to create high quality workspace
across the region. It will complement the £4.78 million
Brunel Business Park, in St Austell town centre, which we
are jointly investing in with the South West Regional Development
Agency. The two projects will help to tackle the shortage
of business space in this targeted area and go a long way
to supporting future economic growth."
Ian Guy of Rok Development said: "We are delighted
that Objective One is supporting this project which will bring
much needed employment space to St Austell. We are already
seeing significant interest from potential occupiers both
locally and from outside the area."
Local builders Rok started the groundworks on site in August
and construction is now well underway. The first phase of
four warehousing and light industrial units will be completed
by April 2007 and the first four self-contained office units
will be completed in May 2007.
All units are available either to let or for sale freehold
through joint agents May Whetter & Grose and Goadsby.
Whitbread expects to start construction of the hotel and
restaurant at the end of this year, creating 70 new jobs once
completed in August 2007.
For further information please contact Jason Clark of Deborah
Clark and Associates Ltd on 01872 276276 or email firstname.lastname@example.org.
The Objective One Programme for Cornwall and the
Isles of Scilly has invested in St Austell Enterprise Park
through the European Regional Development Fund (ERDF).
Rok, the UK provider of local development, building and maintenance
services, was founded in 1939 and is fully listed on the London
Stock Exchange. The company has three core business streams:
Rok Development, Rok Building and Rok Maintenance and its
ambition is to be seen as the Nation's Local Builder
in its local communities.
St Austell Enterprise Park will include:
Two terraces of four industrial/warehouse units as well as
a terrace of four office units. The industrial units can accommodate
from 2,500 sq ft to 12,000 sq ft and the office units can
accommodate requirements as small as 1,200 sq ft. The small
office units are designed to appeal to owner occupiers as
well as people wanting to rent. More phases are planned to
accommodate phased construction for further demand.
Media Relations Manager
Objective One Partnership Office
Truro TR1 2UD
Mobile: 07973 813647
Telephone: 01872 223439