Market Leads & Opportunities

Ground broken on £200m airport business park

Source: https://www.insidermedia.com/

Work has started on a £200m logistics and manufacturing park at Teesside International Airport.Infrastructure work is under way on the project, which will see the creation of 3.4 million sq ft of logistics, manufacturing and commercial space built on 270 acres of land at the southside of the airport.Once complete, the development has the potential to create 4,400 jobs and provide £3m per year to reinvest into the airport.The Tees Valley mayor and combined authority previously committed to an investment of £23.6m for the development of critical infrastructure, including connecting the site to the main utilities and provide access to the Southside of the airport from the A67.