Bournemouth Airport, an airport on the UK’s south coast, has announced a ten-year master plan for the development of a business area at its Aviation Business Park.
The 540,000 square feet of area will include offices, industrial units, warehousing and distribution facilities, as well as aviation facilities to include new hangars. The 200-acre Aviation Business Park at Bournemouth Airport currently offers 1.6m sq ft of business space and hosts around 200 businesses, providing around 2,500 jobs to the local economy.
The project has the support of local councils, Christchurch Borough Council and Dorset County Council, and in total the development is expected to create around 1,000 new jobs in the next ten years, with the opening of new businesses in the area.
The project will be developed by MAG Developments, a UK-based airport property developing company, and a part of MAG, the company that operates Bournemouth Airport.
The general manager for property at MAG, Stephanie Mullenger, said, ‘Aviation Business Park has maintained a high level of resilience through the economic downturn and has shown robustness in meeting demand for smaller industrial units and relocating larger units, with occupancy levels now at around 97 percent.
It is a particularly favourable location for industrial occupiers within the A31-M27 Corridor, offering the unique benefit of direct access to the airport, its flights and its full-length commercial runway. The project will continue to build upon those successes, generate more economic activity in the area and the support the growth of businesses already based at Aviation Business Park.’