WATER PLUS DRIVES £5.5M OF ECONOMIC GROWTH IN STOKE CITY CENTRE
Great news was announced in the press in May that the joint venture between United Utilities and Severn Trent Water, named as Water Plus, has been approved by the Competition Marketing Authority. After working extensively with the Make it Stoke-on-Trent and Staffordshire team and Stoke City Council, Water Plus announced that they will be the first tenants in the new, grade A office development, 2 Smithfield, in the city centre of Stoke-on-Trent. This fantastic A opportunity will create approximately 350+ new jobs in the area and is estimated to contribute an additional £5.5m to the city centre economy.
High grade railing and balustrade systems provider Q-railing have exchanged contracts for the development of a new 40,655 sq. ft. warehouse, production and showroom facility on Network Space’s Tunstall Arrow site in Stoke-on-Trent. The site, acquired by Network Space in 2013, has recently achieved Enterprise Zone Status and this deal with Q-railing represents one of first new developments to have been secured following the EZ announcement in November last year. Works are due to start on site early in 2017.
The end of April saw the Make It team attend Ceramics Expo which is the largest technical ceramics event in North America. It was used as an opportunity to promote the Ceramic Valley Enterprise Zone in addition to the two companies who took part in the mission (James Kent Ceramics of Fenton, and MemPro Materials). The stand generated a lot of interest, proclaiming as it did that Stoke & Staffs is now home to Europe’s first technical ceramics enterprise zone. Make It also commissioned Quebec-based consultants RCI to undertake some active lead generation which resulted in good leads which are now being followed up. The team also promoted the AMRICC proposal (Applied Materials Research, Innovation & Commercialisation Company), a new venture to try to accelerate the commercialisation of applied materials. The mission was supported by Wendy Hall of Staffordshire Chambers, representing UKTI’s Trade team.
Work is almost complete on the Innovation Centre 5 development at the highly successful Keele University Science and Innovation Park. Due to open in July, IC5 will offer high quality office and workshop accommodation. The offices will comprise of large open floorplates whilst both the offices and workshops will have a serviced finish to allow for a bespoke fit out.