MORE JOBS SET FOR NEWPORT’S CELTIC BUSINESS PARK AS NEXT BUILDING PHASE GETS GREEN LIGHT

MORE JOBS SET FOR NEWPORT’S CELTIC BUSINESS PARK AS NEXT BUILDING PHASE GETS GREEN LIGHT

(CGI of speculative unit 3 available for occupation next year)

Newport’s Celtic Business Park is set to attract more jobs to the area as expert developer and regeneration specialist, St. Modwen, gets the green light to build another 130,000 sq ft of warehousing and industrial space on site.

Two new buildings will complete to enable occupation in the 3rd quarter of 2019 in units of 100,000 sq ft and 30,000 sq ft respectively and with the potential to attract a further 175 new jobs. It is part of an ongoing programme of both speculative and ‘build to suit’ development at Celtic Business Park, which is set to deliver around 1.5 million sq ft of prime location logistics and production space for South Wales with a potential to create approximately 2000 local jobs within the next decade.

Celtic Business Park is already home to online retail giant Amazon, and Spanish rail company Construcciones y Auxiliar de Ferrocarriles (CAF, S.A.). CAF is currently fitting out its new Manufacturing Centre of Excellence in readiness to become fully operational on site from early 2019. Work on the internal estate road and infrastructure has also recently been completed to open up the entire site with the capacity required to deliver the 1.5 million sq ft of employment space long term.

Peter Davies, Development Director for St. Modwen West and Wales said:

“Celtic Business Park in Newport is a strategically important 100 acre employment site for St. Modwen, for Newport and for South Wales. The calibre of our existing occupiers, Amazon and CAF, are testament to that. It’s excellent location close to the M4 corridor, local labour availability and the imminent removal of the Severn Bridge tolls later this year will make it an attractive location for warehousing and industrial operators looking to expand and grow.”

Design and build opportunities are available to suit requirements from 20,000 – 1million sq ft. Interested parties should contact Knight Frank, Jones Laing LaSalle or visit www.celticbusinesspark.co.uk