A new trade park currently in development, located in the London Borough of Hounslow, aims to create over 500 new jobs and provide a boost to the local economy. The development, which will be up and running in early 2012, will hopefully lead to much needed regeneration of the Hanworth area through the creation of local employment opportunities as the scheme aims to become a hub for building supplies and other trade companies, who are keen to utilize the unique attributes of the site.
The Hanworth Trading Estate Development is situated on the site of the previous 106,000 square foot Marlin Lighting Factory, which dates back to WWII but became derelict in the 1970s. This brownfield site is now proving to be a perfect example of urban regeneration that not only uses land that, to all intents and purposes, has become derelict, but through commercial development uses the attributes of the site to create new opportunities for the local community. This in turn will hopefully provide a badly needed boost for the local economy.
The site is owned by Sisk Marlin Developments, managed by Korine Property Partners, and is set to be fully up and running in early 2012. The first stage has already seen premier builder’s merchant, the Grafton Group (owned Selco), acquire a new 50,000 square foot trade only builder’s warehouse. This is particularly good news for the locality as Selco possess a reputation for making long-term commitments to areas where it establishes its stores, and will bring much need employment to the area. Selco has been searching for the right site for a considerable time and is said to be “genuinely excited” by the site and the potential it displays.
James Measures, Property Development Director for Korine Property Partners Ltd (part of the Sisk Group of companies) states: “The location of the site is ideal for the construction industry, and using the locale as a hub will allow us to develop a complimentary tenant mix that will allow Hanworth to be a one-stop-shop for the construction and building trades industries. The benefits to the community are enormous with employment being created by the tenants, as well as establishments servicing their requirements, and those of their staff.”
The aim is to have each tenant being able to service a different part of the industry. James continues, “Our focus will be to have a tenant who is able to service a particular need of the industry, and thus the tenants will possess complimentary, rather than competitive main product focus. Currently we have Selco on board and are in discussions with representatives from the Plant hire, plumbing, tooling and associated industries.”