Technology park progress is good news for Nuneaton

Nuneaton has received another big boost to its economy as the major redevelopment of a technology park in the town moves on to its next phase.

Construction has started on the third multi-use building at the Mira Enterprise Zone in Nuneaton, marking the beginning of Phase Two in the work programme.

The 27,200 square-feet building, North West 3, represents an investment of almost £7million by the Horiba Group and will house a number of global companies within six secure facilities within the building.

The announcement follows the completion of Phase One of development in February. The construction of key infrastructure on the site has paved the way for Phase Two, including the East, South and Centre Sectors of the Technology Park.

The new building is located in the North West sector and complements three other multi-tenant buildings constructed for various companies, alongside bespoke facilities created for Swedish company Haldex and for Aston Martin. Under construction by local company Deeley Construction, it is due for completion in November. When fully let, it will accommodate 140 staff, including many roles new to the Mira Technology Park site. Total jobs created at the Enterprise Zone since 2010 stand at almost 450 and that figure is expected to rise to more than 2,000 as the park nears completion in 2025.

Terry Spall, commercial director at Mira Technology Park, said: "Phase Two is now well underway and will create much-needed space for new and expanding businesses to join us on site. We are also expecting to be breaking ground on a further three new buildings this year."

For more details visit www.miratechnologypark.com or www.horiba-mira.com