Thousands of jobs will be created and Wiltshire will be firmly at the forefront of the science and technology industries when a new state-of-the-art science park is built thanks to a successful £10m bid for Government funding.
Wiltshire Council and a joint development company comprising Trebor Developments LLP and Wrenbridge Land Limited were successful in a joint bid to develop a science park at Porton, which will create more than 2,000 jobs over a 10-year-period and bring national and international investment into the area.
The Porton Science Park will be based near leading scientific institutions, the Defence Science and Technology Laboratory (Dstl) and the Health Protection Agency (HPA) at the Porton Down site near Salisbury.
It will provide facilities for science and research based industries and could attract £70m of private sector investment in the next 10 years. The development is expected to attract high levels of investment from both the UK and foreign bioscience and healthcare.
The successful bid for £10m funding from the Department of Business, Innovation and Skills (BIS) will help kick-start the first phase of the total science park project creating the infrastructure for the planned 355,000 sq ft science park and a new 23,000 sq ft innovation centre.
Wiltshire Council leader Jane Scott said: “This is another example of how Wiltshire is open for business and how vital it is to take every opportunity to boost our economy. Our workforce, travel links and public and private sector partnerships make this county a great place in which to invest and we are seeing this time and time again.
“This is really good news for the whole of Wiltshire as the Porton Science Park will lead the way in the science and technology industry.
"It will mean more jobs for local people and more investment into this county and its communities. I would like to thank everyone who has been involved in this successful multi-million pound bid.”
Bob Tattrie, managing partner for Trebor Developments LLP, commented on behalf of the JV: “We are delighted to be working in partnership with Wiltshire Council and other partners to bring forward this substantial public/private sector scheme, which will see buildings delivered and occupied over the next 18 months.
"Porton Science Park will become the most important development for employment within this area of the UK. The Trebor/Wrenbridge joint venture have built up an excellent reputation for working in partnership with public sector bodies, which is further reinforced by this agreement with Wiltshire Council for this prestigious scheme.”
BIS will invest £10m into the development from its £1.3 billion Regional Growth Fund. The innovation centre will attract new specialised science and technology research companies and secure the future of the companies already resident within the Tetricus Innovation Centre, which otherwise would have closed in the winter of 2013 – protecting in excess of 100 private sector jobs.