REGENERATION SPECIALIST, ST.MODWEN, EXCEEDS EXPECTATIONS AS IT HANDS OVER TEAL PARK FACILITY TO SIEMENS
St. Modwen, the UK’s leading regeneration specialist, has completed the construction of Siemens’ 135,000 sq ft facility at Teal Park in North Hykeham, near Lincoln. It is the first building to reach completion at the business park which sees Siemens as anchor tenant. As development partner for the project, St. Modwen will officially hand over the facility to Siemens today, Thursday 25th October 2012.
St. Modwen has successfully delivered the state-of-the-art facility, comprising 50,000 sq ft of offices and an 85,000 sq ft servicing facility, within Siemens exacting timeframes. The servicing facility has recently been awarded a ‘BREEAM Outstanding’ rating in recognition of its sustainable design. It is one of only a small number of buildings to achieve this accreditation in the UK, and the first in Lincolnshire. The office space has also been recognised for its sustainability, achieving a ‘BREEAM Excellent’ rating.
The new facility at Teal Park will secure Siemens’ presence within the region and ensures retention of 500 highly skilled jobs as well as having the potential to attract £500m of business investment to the region over the next ten to fifteen years. St. Modwen has worked closely and constructively with the different parties involved in this complex project, including Siemens, Lincolnshire County Council and North Kesteven District Council, to ensure their various needs and requirements have been met throughout each stage of the development.
Stephen Prosser, Yorkshire and North East Regional Director for St. Modwen, comments:
“I am delighted that we have delivered this high quality sustainable facility for Siemens on schedule and on budget. We took the time to understand the requirements set out by Siemens at the start of this project and today we are handing over the facility having successfully met their exacting standards. One of the requirements was to achieve a ‘BREEAM Excellent’ rating and I am extremely proud that we have exceeded that and delivered a ‘BREEAM Outstanding’ servicing facility. It is testament to the way that all parties have worked closely together and the dedication each has given to this project.”
Neil Corner, Director Service, Siemens, Lincoln, says:
“We are delighted to be here today to formally receive the keys for our brand new state-of-the-art service facility from St. Modwen, our landlord and development partner. The business has been looking forward to this moment and the full move in and official opening later in the year. From the start our vision has been to create a world class facility and environment of service excellence to meet our customer service needs. St. Modwen has worked with us to realise this and we believe it will be a place we can all be proud of and which truly represents Siemens values and our commitment to Lincoln.”
Cllr Mrs Marion Brighton OBE, Leader of North Kesteven District Council, comments:
“As the anchor tenant for Teal Park, Siemens provides the site not only with a global name to promote its credibility as a business location, but by also showing such strong ‘green’ credentials, it will also illustrate the importance we must all place on sustainability.
“Through its planning conditions, the Council worked closely with St. Modwen to ensure sustainable eco-measures such as low water use and water recycling, solar panels and more efficient transport initiatives were incorporated into the design. To this end, we were delighted to work with Siemens and their development partner, St. Modwen, who are both so positively engaged in contributing to a better environment, both in the workplace and more broadly.
“Siemens move to North Kesteven shows great confidence in the local economy at a time of recovery and highlights the District’s status as a positive place to do business. We look forward to them making North Kesteven part of their long-term home.”
Cllr Eddy Poll, Executive Member for Economic Development at Lincolnshire County Council, comments:
“Thanks to the county council spending £22m on Teal Park, Lincoln is now home to one of the region’s premier business locations, something that can only help boost the city economy. Teal Park has the potential to attract £500m of business investment over the next 10 to 15 years. That equates to around 4,000 jobs, which will include opportunities for highly-skilled workers.
“After so much hard work from all involved, it will be great to see Siemens on-site. But this is just the first step – I’m sure that many other businesses will follow. In the meantime, we’d like to thank motorists for their continuing patience as we finish off the related road improvements. We’re hoping to have everything wrapped up early next year.”
