St. Modwen has boosted the provision of office suites at Longbridge Technology Park in response to increasing demand from existing occupiers at the Innovation Centre who are looking for ‘grow-on’ space to accommodate their expansion.
With the Innovation Centre now fully let and home to 42 businesses employing approximately 240 people, St. Modwen has reconfigured the adjacent Two Devon Way building, creating seven second floor office suites to let, ranging from 1,119 sq ft to 3,831 sq ft. The 15,000 sq ft floorplate on the first floor also provides flexible space with the potential to be divided according to individual requirements. The ground floor comprises a reception area, along with meeting rooms and undercroft car parking.
Mike Murray, senior development surveyor for St. Modwen, explained the decision to divide up the 15,000 sq ft second floor at Two Devon Way. He said: “The success of the Innovation Centre at Longbridge Technology Park has proven that there is a high level of demand for flexible space to suit start-ups and small to medium sized technology-focused businesses. Two Devon Way is an impressive building in an excellent location and we have worked closely with our appointed agents GVA Grimley to unlock the building’s potential, devising a configuration for Two Devon Way that meets the requirements for ‘grow-on’ space that we are currently seeing in the regional marketplace.
“With a thriving business community established at the Innovation Centre, several of the occupiers here are now in a position to expand their operations, and we have been having ongoing discussions with these businesses about how we can accommodate their need for more space. The newly-created office suites at Two Devon Way provide the ideal solution, enabling businesses to seamlessly retain their links to Longbridge Technology Park while continuing to benefit from a high quality office environment together with access to a host of business support features.”
Tenants at Two Devon Way can take advantage of a range of state-of-the-art conference and meeting room facilities at the Innovation Centre, which can accommodate up to 100 people. Two Devon Way has 107 allocated undercroft car parking spaces and Longbridge Technology Park benefits from 24-hour security.
Situated off the A38 (Bristol Road South) the Innovation Centre and Two Devon Way form the first phase of the £100 million Longbridge Technology Park, which has been designed specifically to attract a nucleus of high technology businesses to Longbridge. The area is served by excellent public transport links, with Longbridge Train Station within short walking distance. Birmingham city centre is eight miles away and the M5 (junction 4) and M42 (junction 2) motorways are three miles away.
Longbridge Technology Park is part of the wider £1 billion regeneration of Longbridge. More than 400 acres is set to be transformed by St Modwen and Advantage West Midlands on the site of the former MG Rover works, delivering a sustainable community with the creation of 10,000 new jobs and up to 2,000 new homes. A new town centre will feature the new £66 Bournville College, which is currently under construction, and there will be vast public open spaces and an excellent public transport network.