Fast Track Business Solutions for the Hastings Manufacturing Sector
- Capital Investment - Getting Building Fund, East Sussex, More than £2m
Approval Status
Removed From GBF Programme
Delivery Status
Removed From GBF Programme
Expected Completion Date
Removed From GBF Programme
The project will deliver 4,000 sqm of Class B1/B2 business accommodation on part of the North Queensway Innovation Park, which lies within the A21/A259 Hastings Bexhill Growth Corridor.
The project will deliver five individual buildings, varying in size from 500 sqm to 1,000 sqm, on two adjacent plots within the Innovation Park. Each building will be designed with flexibility in mind so that they can either be occupied as a whole, or sub-divided to suit occupier requirements. Each building will have heavy goods vehicle access and car parking.
The project seeks to address the pressing need for modern manufacturing premises locally to assist with economic recovery from COVID-19. As well as helping to attract new businesses, the project can support both move-on and scale-up businesses locally.
Project Update – 10 September 2021
At the Accountability Board meeting in September it was agreed that planning permission must be secured and the third-party Grant Agreement between East Sussex County Council and Sea Change Sussex in relation to the Fast-Track Business Solutions for the Hastings Manufacturing Sector (the Project) must be completed by the 19 November. If planning consent has not been secured and the grant agreement is not completed by this date, the project will be removed from the GBF programme and the £3.5m GBF funding will be released for reallocation to alternative projects on the GBF prioritised project pipeline.
Further Project Update – 19 November 2021
The Accountability Board were asked to note that the Project had not met the conditions attached to the funding award in September 2021 and that the Project will therefore be removed from the GBF programme in accordance with the decision taken by the Board in September (above).
£85m of investment to East Sussex, Essex, Kent, Medway, Southend and Thurrock
The Getting Building Fund focuses on projects that can progress quickly and that will stimulate and better integrate economies in some of the most economically impacted and COVID-affected parts of the South East.
£85m of Getting Building Fund investment has been secured, enabling delivery of 45 projects across East Sussex, Essex, Kent, Medway, Southend and Thurrock.