MIDDLESBROUGH'S Tees Advanced Manufacturing Park (TeesAMP) is proving a real hit with businesses looking for state-of-the art accommodation.
The site reached practical completion at the beginning of June, and just a month after opening its doors potential occupiers are flocking in.
A total of 45,000 sq ft - 25 per cent of the 180,000 sq ft that will be available in the first phase of the development - has been leased, while a contract pending with an additional business would see the figure rise to 50 per cent.
One business, which is yet to be named, is expanding into Middlesbrough and has taken two units totalling 30,000 sq ft - further details are expected to be released in coming months.
TeesAMP is poised to become a focal point for innovation and advanced engineering in the North-East, and is a significant development for the region's already renowned advanced manufacturing sector.
Councillor Ashley Waters, Middlesbrough Council's executive member for regeneration, said: "TeesAMP is a vibrant symbol of Middlesbrough's drive and ambition, not just for the town but for the whole area.
"It's a fantastic offer for businesses, and the proof of that is the speed at which the units are being snapped up.
"It's great news for Middlesbrough, and will prove a terrific catalyst to creating jobs and long-term prosperity."
The first phase of the development has been led by developer Chaloner Group and constructed predominantly by a North East-based supply chain, including main contractor Robertson North East and Stockton steel fabricators Nationwide Structures.
Richard Scott, Partner at agents Cushman and Wakefield: "The completion of these deals during lockdown underlines the quality of the units and strength of location, and highlights the continuing strength of the industrial sector in Teesside."
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