This is a major regeneration initiative to bring an ex-military airfield covering 200 hectares back into productive use. A new advanced engineering college, CEMAST, was opened on site in September 2014 supported by loan funding from Solent LEP providing around 1000 student training places. A neighbouring Innovation Centre, opened in May 2015 provides both office and small workshop units for over 100 employees and is currently full with a waiting list. Two new business parks are now open for business: Solent LEP used £8m from the Solent Growing Places Fund to support development of the new business area at Daedalus East which provides principally for engineering businesses and includes a dedicated area for aviation-related and aerospace businesses seeking access to the airfield with its newly resurfaced all-weather runway. At Daedalus Park, around 13,000 sqm of new commercial development is under construction.
In addition, Solent LEP has secured £7m of Government grant to invest in upgrading the main access road through the site and to reinforce the site infrastructure which will access a new development area in Gosport. One hundred new homes have already been built at Daedalus and a further 200 low cost homes will be built over the next 2 years. A final development area, Daedalus West, is currently being master-planned and it is likely that construction works to unlock around a further 22,000sqm of commercial development space will commence in 2017/18.
To find out more about progress at the Solent Enterprise Zone, as well as current development and business opportunities, visit the Solent Enterprise Zone website at www.solentez.co.uk.
Caroline Dinenage, MP for Gosport, said:
This investment package is excellent news for future jobs and growth in our area. This will secure the Solent Enterprise Zone’s place as a leading centre for advanced manufacturing in the long-term and enhance the prospects of young people in our local area.
Further information is available at: www.solentez.co.uk.