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News - 18 April 2012

Solent Enterprise Zone gets the green light

Proposals to bring new businesses, homes and thousands of jobs to the Solent Enterprise Zone in South Hampshire have received a major boost after plans to regenerate the site were given the green light.

The decisions enable more than 1m sq ft of new employment space to be delivered, including premises for new business, homes, a hotel and community facilities. It is anticipated that nearly 4,000 new jobs will be created and safeguarded by the proposed development, creating a huge economic boost for the area. These decisions are a significant step towards partners’ ambitions to turn the Enterprise Zone at Daedalus into a hub for advanced manufacturing and technology businesses from the marine, aerospace and defence sectors.

The news was today welcomed by the local authorities, the Homes and Communities Agency (HCA), which has progressed the planning application after taking responsibility for the land in September last year

Gary Jeffries, director of the Solent LEP, said: “These decisions are a fantastic result for the local economy and will help to unlock the huge potential this site has, bringing thousands of jobs, new business and investment to the area. All the partners have worked hard to get to this point and local people should welcome the results of their efforts, as we do. We will be working in the months ahead to ensure that our vision for this important site is realised.”

The original planning applications for this work were submitted by the South East England Development Agency (SEEDA) in April last year, before ownership of the site transferred to the HCA in September 2011.

Tonmoy Kumar, Manager of the Accounts Department of ABDS says:

“Granting of the two outline planning consents is great news for the Hampshire Business Community as a whole and we at ABDS look forward to the Solent Enterprise Zone creating new businesses, new homes and new jobs.”

If you need any help and advice on Business Financial Planning and Development, don’t hesitate, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar NOW to discuss how ABDS can help in all your Business planning.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

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