Jade Business Park is the premier location for distribution, technology and advanced manufacturing companies looking for premises in the ideal location to service their suppliers in the UK and the rest of the world.
Phase one of the 55 acre site is set to complete in summer 2020 and will deliver a total of seven new industrial units, totalling 155,000 sq ft of new space for distribution, technology, and advanced manufacturing businesses.
The North East location makes it the perfect base for companies involved in the automotive construction supply chain. Situated just moments from the A19 and Dalton Park on the outskirts of Murton, in Seaham County Durham gives companies easy access to Durham, Sunderland, Newcastle and the Tees Valley, with multi-modal transport access to the UK and beyond giving tenants the accessibility they need to do business not only in the North East but the rest of the UK and the world.
The site is owned by Durham County Council, managed by Business Durham, the economic development arm of the council and delivered in partnership with Highbridge Developments, the company behind the UK’s largest office park, Cobalt, in North Tyneside.
Brian Archer, managing director Business Durham ”With further speculative units available at Jade Park, this is a very promising and exciting start. Business Durham is thrilled to be able to offer such fantastic employment space to businesses within Durham and further afield.”
Jade Business Park is a former colliery and cokeworks located in a designated Enterprise Zone with a rates benefit of up to £275,000 for occupiers. The development has been made possible with almost £14m of funding for highway and infrastructure works from the North East Local Enterprise Partnership (NELEP) and the Highways Agency. It will help fund a programme of works to increase the capacity of the A19/A182 junctions serving the business park, which will allow for future growth.
The project received funding from the Government’s Local Growth Fund through the North East Local Enterprise Partnership (LEP). The Local Growth Fund is supporting major capital investments to promote innovation, economic and skills infrastructure and sustainable transport as part of the North East Growth Deal.
Or Highbridge’s agents
Nick Atkinson or Simon Hill of HTA – 0191 245 1234
Dave Cato of CBRE – 0113 394 8800