New £6m Westcott Venture Park unit completed for Green Retreats
PATRIZIA Hanover Property Unit Trust, the owner of Buckinghamshire’s Westcott Venture Park, has finished the development of garden room company Green Retreats’ new 65,000 square foot Grade A factory and production space.
The first phase of the £6 million development, which was constructed in fewer than seven months by Milton Keynes-based contractor Parkway, has been leased to Green Retreats in a ten-year agreement.
Development will now move into its second phase, for which planning consent is in place.
Nigel MacKenzie, Development Manager at Westcott said: “We are delighted to see construction of this flagship project come to completion. This new facility has enabled one of our largest occupiers to scale up for the fourth time at Westcott, accommodating growth for a further 250 jobs.
“From the very beginning, our close relationship with Green Retreats ensured that we and our contractor Parkway understood their specific requirements and could complete the development successfully within the agreed timescale and budget despite the very challenging conditions being experienced in the construction industry currently.
“This is our largest new development scheme to date at Westcott and it is a superb example of the high-quality buildings we can create for occupiers seeking accommodation in the region.”
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Along with Parkway, the project team included McCurdy Russell Architects, civil and structural engineering consultants HDR Bradbrook Consulting, building services engineering consultants Shepherd Brombley Partnership and health and safety consultants Building and Workplace Solutions Limited.
Green Retreats, which has been based at Westcott for the last eight years, now occupies a total of 115,000 square feet of space at the park. The new facility is expected to be ready on 12 September following a £1 million fit-out.
IT will enable Green Retreats to scale up its team from 330 to 580 employees, while providing additional capacity to increase turnover from £35 million to £70 million.
Green Retreats Managing Director, Roy Wetherall said: “We have enjoyed significant growth and our new facility will provide us with the space to expand in order to realise our full potential.
“Our company is now in great shape to exploit significant market opportunities this year and beyond. We feel good about the future and being part of the Westcott family of companies.”
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