£7m Rotherham industrial development set to create 180 jobs
Work has begun on a new South Yorkshire industrial development that is expected to create up to 180 new jobs.
Developer EV Waddington Ltd has begun work on a range of new industrial units in Rotherham as part of a £7m project.
The developer, who has secured a £1.6m grant from the European Regional Development Fund (ERDF), has started work on the units at 31 East in Dinnington.
Comprising 10 units of 5,560 to 32,300 sq ft, the units will be built over three terraces and aim to provide space for SMEs in the region.
Developer Tony Waddington commented: “Our new project at 31 East continues our response to addressing the lack of commercial property offer of this type in the region.
“The premises are designed with flexibility, to allow units to be combined and accommodate a variety of uses and sizes.”
Paul Mercer, managing director at Mercer & Co, who helped secure the £1.6m ERDF grant award, added: “This latest addition to the EV Waddington development portfolio will help enhance the competitiveness of SMEs and accelerate development in the region.
“It will help accommodate up to 180 new FTE jobs and generate £96m GVA over the next 10-year period thanks to ERDF support.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis