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£18m regeneration of Basingstoke's old Viables Business Park now complete

17 June 2022
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The Business Magazine article image for: £18m regeneration of Basingstoke's old Viables Business Park now complete

The huge multi-million-pound regeneration of former Basingstoke business park Viables has just been finished.

The site was demolished in January 2021 so that the brand new 11.3-acre site, St. Modwen Park, could be built in its place. Work is now complete on the project.

190,000 sq. ft. of battery manufacturing space has been created for the site's sole client LevertonHELM (a joint enterprise between Leverton Lithium and HELM AG).

A firm called St. Modwen Logistics looked after the project. Managing director Polly Troughton said this about it: “At St. Modwen Logistics we are committed to providing our customers with the space and support they need to succeed."

"Working closely with the local authority, we are proud to be investing in the redevelopment of the site, which supports LevertonHELM’s continued growth and expansion, helping create local jobs and generating economic growth in and around Basingstoke.”

David Hicks is the CEO of Leverton Lithium. He said: “The lithium industry is developing rapidly and we are delighted to be joined by HELM AG as our company continues to grow. This manufacturing space will help us respond to market demand and support our operations as we provide large-scale manufacturing of battery grade chemicals.”

Leader of Basingstoke and Deane Borough Council, Councillor Simon Bound, said: “I'm delighted that Leverton Lithium and HELM AG have demonstrated their confidence in the borough with this significant investment worth tens of millions of pounds."

“As well as creating and protecting many high-tech skilled jobs, it is great to support a company that is focused on reducing the world’s use of carbon and helping to lead the way to a more sustainable future – something that we are committed to achieving locally."

“Basingstoke is a great place to invest, and we are delighted that we have been able to work with St. Modwen Logistics to create new high quality employment space in this strategic location which will be vital for the borough’s economic recovery.”

READ MORE: London Clancy acquires Vickers Business Centre

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