New, low carbon industrial park on site of former council offices nears completion in Leicester

Click to read the article in full.  

Work to create a new, low carbon industrial park on the site of former council offices at Leicester’s Blackbird Road is nearing completion.

Leicester City Council is building the new Blackbird Industrial Park on the site of a former housing depot close the city centre.

It features four buildings that will provide more than 30,000 sq ft of light industrial workspace across 21 separate units aimed at local start-ups and growing businesses.

All the buildings incorporate a range of low carbon, energy efficiency measures. These include roof-mounted photovoltaic panels, super insulation, and low-energy smart lighting. Chargers will be provided for electric vehicles in a new parking area, along with safe storage for bicycles.

The 21 new units are due to be available for lease from winter 2024. They range in size from the smallest at 750 sq ft to the largest at between 2,050 to 2,500 sq ft.

Annual rents will vary from £11,250 to £30,000, and at full occupancy the new industrial park could bring in over £400,000 in rental income.

The £6.25million development has been backed with government cash following the city council’s successful bid for new investment from the Levelling Up Fund, in 2021.

City Mayor Peter

 link source - East Midlands Business Link - Property https://www.eastmidlandsbusinesslink.co.uk/mag/wp-content/uploads/2024/09/bip-small.jpg

Continue reading this article at the original source Here