Plans to transform South Yard, Plymouth into a centre for maritime business and innovation, employing up to 1200, are moving ahead after outline planning permission was granted and the land was transferred from the Ministry of Defence to Plymouth City Council.
Working alongside partners URS, Alder King and WWA, the LHC team prepared a masterplan which includes the refurbishment of existing listed buildings and the creation of over 25,000 m2 of commercial floorplace adjacent to the Tamar Estuary, whilst ensuring careful provision for the site’s docks.
The redevelopment of the site is expected to happen in several stages, with the first due to begin at the end of 2015 when a number of new offices, design suites, labs and light industrial facilities will be built to allow businesses to move straight onto site.
The regeneration of South Yard is part of the Plymouth and South West Peninsula City Deal and also recently achieved Enterprise Zone status. It’s reported that over 40 businesses have already enquired about relocating to the site.
For more information visit: http://www.plymouth.gov.uk/citydeal