Derby's £200 million high-tech business park, which aims to create 8,000 jobs, is on its way.
Infinity Park Derby is being delivered by three joint developers – Cedar House Investments, Peveril Securities and Wilson Bowden, along with the city council, Rolls-Royce and the Harpur Crewe Estate.
Work on the first building to be constructed at the 100-acre Infinity Park Derby has officially started, and is due to be completed by October. Known as the Innovation Centre, it will be the beating heart of this ambitious £200 million commercial and technology park situated between the Rolls Royce Aerospace Campus at Sinfin and the A50 at Chellaston that will play a crucial role in Derby's economic future.
It looks to build upon the city's prowess for cutting-edge ideas, particularly within the aerospace, automotive and transport industries – adding further credence to Derby's claim as the UK's "capital for innovation".
The steel structure in place and the brickwork has started on the 50,000 sq ft, £11.5 million Innovation Centre, which will be occupied by Enscite, which is a joint-venture between Derby, Aston and Cranfield universities. Once up and running, the centre will provide businesses with access to the latest academic research and developments, and will play a vital role in supporting suppliers by helping existing ones to grow and new ones to develop. In short, its role will be to strengthen companies within the supply chain.
The partners behind the project hope that, one day, the entire site will be a sea of buildings, all occupied by high-tech firms employing some of the most talented engineers in the country – if not the world.
Derby already has strong foundations in terms of designing, developing and manufacturing innovative products in the three main sectors that will be the focus of the park.
Rolls-Royce's civil aerospace division is adjacent to Infinity Park Derby. Its aero engines are market leading, with the company engaged in a ceaseless mission to refine and improve its technology to create the most environmentally-friendly and efficient products in the world.
Toyota is nearby at Burnaston, where their factory makes the Auris Hybrid – an eco-friendly car that in a very short space of time is becoming a mainstream alternative to traditionally-powered petrol and diesel cars.
And Bombardier are close, who are now the only company left in the UK which designs and builds trains from concept to production.
Together, these three global brands alone sustain large supply chains.
Salloway Property Consultants are appointed joint marketing agents along with JLL on Infinity Park Derby.
Stephen Salloway, Managing Director of Salloway Property Consultants said: "We are pleased to see the Innovation Centre coming out of the ground. This is a great start for Infinity Park Derby, but the Innovation Centre is the first building, and I'm hopeful that it will soon be surrounded by other businesses."
Parties wishing to know more about the availability of property on Infinity Park Derby are invited to contact Salloway Property Consultants to discuss further.