Growing Places Fund loan awarded to: Glenbeigh Developments Ltd
Loan amount: £1,500,000
Location: Ferndown Industrial Estate, Wimborne
Award start date: April 2016 / Award end date: April 2021
Cobham Gate is recognised as one of the region’s most important employment sites. Located on the Ferndown Industrial Estate, the site benefits from direct access to the A31 (Ferndown bypass).
A Dorset LEP Growing Places Fund loan was awarded to Glenbeigh Developments Ltd to deliver the infrastructure required to attract investors to the site. In particular, the money has been used to implement new access to the site and to provide supporting infrastructure on and off-site roads, operational services, drainage and landscaping to offer serviced plots. It is opening up approximately 25 acres of employment land and circa 40,000 sqm of floor space. Parcel delivery firm DPD are one of the first major investors in the site, having recently built its depot there.
For more information, please visit:
Cobham Gate website: www.cobhamgate.com
Glenbeigh Developments Ltd website: www.glenbeighltd.com