Robert Hitchins continues to invest in Bridgend with a further development of 100,000 sqft of new commercial development
- Categories Commercial
Developer Robert Hitchins has announced that it will be investing in the development of two commercial property units to complete the Central Park development on Bridgend Indistrial Estate,
Both buildings are pre-let to national brands and will provide more than 100,000 sqft of much-needed Grade A commercial space in
The two new properties consist of a 20,000 sqft builder’s merchants, and an 82,000 sqft industrial warehousing and office facility, due for completion in July 2024 and October 2024 respectively.
Both schemes will provide much-needed employment opportunities for Bridgend with in excess of 200 permanent jobs expected, as well as further jobs during the construction phase.
“Our commitment to deliver employment-generating development in Bridgend continues and we are proud to be investing further in Bridgend and
Since the acquisition of the former Kimball Electronics plant in 2006, Robert Hitchins has developed
Mr Jones said it is estimated that there are currently more than 400 jobs associated with
Neil Francis from Knight Frank, who acted as agent for the landlord, said: “Historically, Robert Hitchins has timed its investment perfectly by committing to development at times in the economic cycle when other property companies have been more risk averse. They have a track record of successfully delivering to market the right properties at the right time and the development of these two buildings in Bridgend is testament to that.
“The dramatic increase in build costs in the last three years, coupled with a downturn in the financial markets, has made development and the availability of funding difficult in all