Market Leads & Opportunities
Elgin Business Park set to go ahead
A long term aspiration for a major business park development on the outskirts of Elgin in Moray is set to become a reality.Elgin Business Park Limited (EBPL), controlled by the owners of Springfield Properties Plc, has secured a £1.9 million investment from Highlands and Islands Enterprise (HIE).The HIE funding will go towards the £6.8m cost of creating the infrastructure to enable the first phase of the development to begin at Barmuckity Farm, on the east side of Elgin.Phase one will involve developing a 66-acre section of the full 125 acre site. Development of the full site will support an estimated 32 full time equivalent jobs in the construction industry.It is anticipated that Elgin Business Park will have a variety of uses including industrial, office, warehousing, hospitality and retail premises. It is expected to take around seven years to complete and will ultimately create hundreds of jobs.Elgin is the administrative and commercial centre for Moray.
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