THE LATEST Malvern Hills Science Park expansion could see up to 750 jobs created.
Work has started on Phase Seven of the Geraldine Road site to add more than 20,000 square metres of commercial space for technology rich businesses.
A collaboration comprising of QinetiQ, Malvern Hills District Council, Worcestershire County Council and the Worcestershire Local Enterprise Partnership is looking to develop the 4.5 hectare piece of brownfield land.
The site, located adjacent to the science park and the Malvern Technology Centre, will create up to 750 new, high value jobs.
Gary Woodman, chief executive of Worcestershire Local Enterprise Partnership, said: “Malvern has built a reputation as a world class location for cyber and technology businesses in particular and we are seeing an increasingly high demand for investment opportunities in and around the Malvern Hill Science Park area.
“These new expansion plans will help Malvern to meet this increasing demand for investment and will help to create a large number of highly-skilled permanent jobs which will have a hugely positive impact on the local economy and for local residents, businesses and employees.”
Simon Smith, economic development manager at Malvern Hills District Council, added: “Economic prosperity is our number one priority and we look forward to seeing the science park grow.
“Working with partners we feel that this can continue.”
Malvern’s MP Harriett Baldwin praised the extension plans after being taken on a tour of the new site with the science park’s chief executive Alan White.
The pair had also discussed how to undertake further rapid expansion when funding becomes available.
“Through this summer, I have been meeting businesses who report they are growing and looking to expand,” she said.
“Malvern Hills Science Park is a hugely attractive option and I know lots of companies who would like to take space on the site.
“There are some impressive plans to expand and I am told that fresh companies are lining up to take space.”
She added: “It is clear that many parts of Malvern’s business community are booming and I hope that this growth will lead to many more new jobs and greater wealth spent in the area.
“I offered Alan my support as he carries out his plans and look forward to seeing the new buildings emerge over the coming months.”