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Tees Valley’s Business Rate Relief sites offer a discount of up to £55,000 per year for five years, totalling £275,000. The Enterprise Zone sites benefit from excellent transport links, simplified planning and broadband connections.
These sites are ideal for small and medium-sized businesses active in local and national supply chains such as process and chemicals, energy and advanced engineering, or the Tees Valley’s emerging and fast growing life sciences, digital and professional services sectors
Central Park
Darlington’s flagship development comprises a 30-hectare site adjacent to the East Coast main line. It is home to CPI and its £38million National Biologics Manufacturing Centre as well as the proposed new Healthcare Futures Centre. Teesside University’s Darlington campus is also located here alongside Darlington College. Key target sectors include biologics, pharmaceutical research and digital. Central Park’s offer to life sciences companies will be enhanced further when the £22million National Horizons Centre, currently in development, opens in summer 2019.
Historic Quarter
Middlesbrough’s Historic Quarter is a 21-hectare area near the main train station in Middlesbrough. It will see the creation of a digital media, digital technologies and creative industries quarter in the heart of Middlesbrough with a radical, beautiful combination of refurbished Victorian buildings and stunning new design. It will be a genuine creative hub where new businesses, established successful companies and support agencies work together, collaborate and thrive.
Northshore
Located in central Stockton and on the banks of the River Tees, Northshore is a 23-hectare site offering investors the opportunity to be a part of a vibrant business quarter that supports the growth of the digital, technological and science industry cluster. Recent investment includes Fusion Hive, a new innovation centre that offers a high-quality environment for digital, science and innovation firms to grow their businesses.
Contact us today to find out why you should invest in Tees Valley
