Friday, July 13, 2023
New 107 acre business park to be built in Aberdeen
A new business park is to be created on a 107 acre site at Bridge of Don, Aberdeen, allowing the city to expand its business community with the capacity for up to 100 new businesses.
Acting on behalf of developer, Rockwater, Knight Frank has submitted an application for outline planning permission to develop the site for business, industrial and office use. Subject to planning permission it is anticipated that the infrastructure will be implemented in mid 2008 with the first sites available by the end of 2008. Rockwater have acquired the site, subject to planning consent, from local land owners. It is estimated that the total development and construction value of the entire site over the four year phasing of the business park will exceed £100 million.
The new development to be known as Kingfisher Business Park will be located at Berryhill Farm situated to the north of Aberdeen Science and Energy Park, in close proximity to established business and industrial estates at Denmore Road and Murcar and approximately 4 miles from the city centre. The site is located in an area which is experiencing an explosion of development and expansion which includes the Western peripheral route and Donald Trump?s proposed golf course complex.
The implementation of Kingfisher Business Park will help address the current and future demand for business and industrial property in Aberdeen. The city is facing a shortage of marketable, immediately available industrial and business land and demand is being driven by a strong regional economy and growth in the energy sector.
As highlighted by the ACSEF Environment Land Audit 2007, there is significant market demand for business and industrial land within Aberdeen City and Aberdeenshire which is reflected in quickly rising land prices, increased take up rates and previously uneconomic sites being brought forward for development. The proposed development will provide a critical contribution to the essential business infrastructure required to achieve business growth objectives for Grampian.
Allan Rae, Planning Partner, Knight Frank said: "We have been most encouraged by the very positive statements made by the City and Shire planning officers at the recent Chamber of Commerce land supply breakfast. It would appear that there is now an awareness that Aberdeen is being economically strangled by the lack of deliverable employment land and hopefully this application will give them an opportunity to show that the system can deliver quickly in response to market demand."
Eric Shearer, Partner, Knight Frank Aberdeen, marketed the Berryhill site for sale. He said: "The Aberdeen market has been waiting a long time for a commercial development opportunity such as Berryhill Farm. The last development of this scale, in the city, was over 20 years ago. We have seen from our involvement in the Aberdeen Gateway Business Park at the south side of city that the demand for serviced business land is extremely strong with supply being very weak. Kingfisher Business Park will help redress the dire shortage of employment land on the North side of the city.
Colin Robison of Ostrick & Williams, Architects for, Rockwater said: "Rockwater have identified that Aberdeen has a bright future. Given the shortage of employment land in the city they believe that Kingfisher Business Park will be a huge success. Unlike many of the existing business parks in Aberdeen, where it is difficult for companies to buy their own land on which to develop, we intend on making serviced land available for large and small enterprises alike. Rockwater will make buying serviced land simple, whether it's a 1 acre plot for a small workshop and office or 15 acres for new corporate headquarters."
Acting on behalf of developer, Rockwater, Knight Frank has submitted an application for outline planning permission to develop the site for business, industrial and office use. Subject to planning permission it is anticipated that the infrastructure will be implemented in mid 2008 with the first sites available by the end of 2008. Rockwater have acquired the site, subject to planning consent, from local land owners. It is estimated that the total development and construction value of the entire site over the four year phasing of the business park will exceed £100 million.
The new development to be known as Kingfisher Business Park will be located at Berryhill Farm situated to the north of Aberdeen Science and Energy Park, in close proximity to established business and industrial estates at Denmore Road and Murcar and approximately 4 miles from the city centre. The site is located in an area which is experiencing an explosion of development and expansion which includes the Western peripheral route and Donald Trump?s proposed golf course complex.
The implementation of Kingfisher Business Park will help address the current and future demand for business and industrial property in Aberdeen. The city is facing a shortage of marketable, immediately available industrial and business land and demand is being driven by a strong regional economy and growth in the energy sector.
As highlighted by the ACSEF Environment Land Audit 2007, there is significant market demand for business and industrial land within Aberdeen City and Aberdeenshire which is reflected in quickly rising land prices, increased take up rates and previously uneconomic sites being brought forward for development. The proposed development will provide a critical contribution to the essential business infrastructure required to achieve business growth objectives for Grampian.
Allan Rae, Planning Partner, Knight Frank said: "We have been most encouraged by the very positive statements made by the City and Shire planning officers at the recent Chamber of Commerce land supply breakfast. It would appear that there is now an awareness that Aberdeen is being economically strangled by the lack of deliverable employment land and hopefully this application will give them an opportunity to show that the system can deliver quickly in response to market demand."
Eric Shearer, Partner, Knight Frank Aberdeen, marketed the Berryhill site for sale. He said: "The Aberdeen market has been waiting a long time for a commercial development opportunity such as Berryhill Farm. The last development of this scale, in the city, was over 20 years ago. We have seen from our involvement in the Aberdeen Gateway Business Park at the south side of city that the demand for serviced business land is extremely strong with supply being very weak. Kingfisher Business Park will help redress the dire shortage of employment land on the North side of the city.
Colin Robison of Ostrick & Williams, Architects for, Rockwater said: "Rockwater have identified that Aberdeen has a bright future. Given the shortage of employment land in the city they believe that Kingfisher Business Park will be a huge success. Unlike many of the existing business parks in Aberdeen, where it is difficult for companies to buy their own land on which to develop, we intend on making serviced land available for large and small enterprises alike. Rockwater will make buying serviced land simple, whether it's a 1 acre plot for a small workshop and office or 15 acres for new corporate headquarters."
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