Wykeland confident in Humber region with new development

Yorkshire’s first significant commercial development for 2 years gets underway

Article posted: 14 Apr 2011

The Yorkshire region’s first significant speculative commercial development for nearly two years is now underway at Meltonwest Business Park. On completion later this year, the scheme will offer manufacturing, warehouse and office space in Hull; close to the centre.

Hull-based property development and investment company, Wykeland, has demonstrated confidence in the region by committing significant speculative investment in the construction of a new 50,480 sq ft building on it’s prestigious Meltonwest Development.

Wykeland Managing Director, Dominic Gibbons commented: “A combination of the economic climate, lack of bank funding and empty property rates has had a well documented significant impact on development projects, however we have seen renewed confidence in the region and feel the time is right to commit to speculative development at Meltonwest.”

Despite the regional and national economic uncertainties of the last couple of years, Meltonwest Business Park has gone from strength to strength in attracting major companies, including Heron Foods, Paragon and House of Townend.

Due to be completed in August 2011, the versatile design of the building makes it suitable for a host of manufacturing and warehouse uses with the ability to have the offices and the floor designed and delivered to suit a specific business need, as well as being extended by a further 40,000 sqft if required. As with all buildings at Meltonwest the new development has a bespoke design and will be set on its own site with nearly 25% landscaping. Wykeland has also committed to invest in the use of solar panels on the roof of the building, which will generate electricity for the eventual end-user.

Dominic Gibbons added, “Our vision to create a new-breed of Business Park with high quality designed buildings in a landscaped environment has proven extremely popular and reinforces our decision to invest in this speculative development”.

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Posted by Ingrid