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Another green light for Eureka
February 10, 2009

The second phase of the Northdown development and a new Basepoint scheme at Eureka Business Park have been given the green light by Ashford Borough Council.

Plans from private developer Quadrant Estates to build four new office buildings on Upper Pemberton Road off Trinity Road were approved by the planning committee on Wednesday evening, February 4. At the same time the Committee approved three new buildings to be constructed by the ACT foundation, which operates Basepoint sites all over the UK.

The Northdown II development is for four two-storey office blocks, which will be similar in design to the very successful Northdown I office development completed last year, and which is now almost fully let.

The Basepoint scheme is similar in format to the popular scheme at Shearway Business Park in Folkestone, and contains two single storey office/workshop buildings and one three-storey office providing highly flexible space on short term lets. Both schemes are provided with associated landscaping and parking, and will sit adjacent to the already completed Northdown development that is already 97 per cent full.

Two other schemes on the park are nearing completion, notably Herald offices building and the local centre where tenants are starting to fit out shop units.

Eureka Business Park is in a designated employment area and has approval for 1.25million sq ft of office and retail accommodation, which will help Ashford reach its target of 28,000 new jobs by 2031.

Its proximity to the M20 – one minute’s drive from junction 9 – combined with the return of daily Eurostar services to Brussels from Ashford, the imminent arrival of the 37minute rail service to London, and ongoing transformation of the town centre, makes the site an increasingly attractive prospect to private developers.

Judith Armitt, Managing Director of Ashford’s Future, said: “The continued expansion of Eureka Park takes Ashford a step closer to being one of the biggest business hubs in the South East. It demonstrates the attractiveness of Ashford’s location to outside investors.

“We believe the combination of the already highly successful Northdown development and a new Basepoint centre can only strengthen Ashford’s appeal to potential investors of all sizes, proving there is something for everybody at Eureka.”

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