CRANFIELD UNIVERISTY TECHNOLOGY PARK ATTRACTS NEW BUSINESSES

12,000 sq ft of lettings secured as three new companies arrive and two existing tenants expand

Leading IP-based satellite communications company iDirect and online travel agency Direct Flights have joined the ever-growing business community at Cranfield University Technology Park by taking a total of 5,955 sq ft of prime office space. The South East Midlands Local Enterprise Partnership (SEMLEP), will also be joining the innovative SMEs in the Tech Park’s Innovation Centre.

The location of the Tech Park, in the centre of SEMLEPs region, is ideal for the LEP, as its Chair, Dr Ann Limb explains: “Cranfield University Technology Park is the ideal place for us to locate SEMLEP’s central office. Situated in the heart of our region, we are now surrounded by innovation and are able to harness business success throughout this area into a meaningful and productive network. We are delighted with our new office and all the facilities that have been made available to us here.”

Current Cranfield University Technology Park tenants are also growing; IT support business County Consulting is expanding within the Innovation Centre with an additional 287 sq ft of office accommodation and marketing agency Majenta is embracing the ethos of the Tech Park by expanding out of the Innovation Centre into one of its ‘grow on’ spaces at 5 Medway Court (5,202 sq ft).

Monty Meghjee, Director of Majenta, is delighted with their expansion, saying “Cranfield University Technology Park has catered brilliantly for our expansion resulting from the significant growth we have enjoyed in the last months.”

These lettings mean that Phase Two of Cranfield University Technology Park is now fully occupied.

Rupert Wood, Regional Director at St. Modwen commented:

“Securing these further lettings clearly demonstrates the quality and accessibility of the offices and business support we offer at Cranfield University Technology Park. We look forward to welcoming our new tenants and we congratulate those who are evidently growing and succeeding in what are still very difficult economic times. Our thriving business community continues to expand as innovation and knowledge based business becomes more prevalent both on the Government’s agenda and in every day life.”