Tees Business Tees Business Issue 15 | Page 69

Serving the Teesside Business Community | 69 / MIDDLESBROUGH NEWS MAYOR SIGNS OFF STEEL PROJECT Middlesbrough mayor Dave Budd and Finley Structures managing director John Finley (right) with Finley estimating manager Andrew Workman and senior production controller Phil Metcalfe. #TalkingUpTeesside £2m land deal boost for Student Village M iddlesbrough mayor Dave Budd signed his name into a landmark project which signifies the start of its steel production. The town’s elected mayor visited Finley Structures in Newton Aycliffe after the family-run construction firm won a contract to fabricate and erect the steel for the new Centre Square development in Middlesbrough. The 210,000-sq ft scheme, which is being delivered by Ashall Projects, will create a 21st century business destination in the heart of Middlesbrough with Grade A offices. Preparatory works began on the site in August and main contractor Bowmer and Kirkland awarded Finley Structures the steel contract. The Aycliffe firm – which built the steel frame for Hitachi Rail Europe’s new facility in Aycliffe as well as factories for Nissan and Unipress in Washington and Nifco in Eaglescliffe – has started fabricating 685 tonnes of steel, which will make up two structures (one 465 tonnes an d the other 220 tonnes). Finley Structures expect to erect the steel by October – the whole Centre Square development is expected to take 14 months to complete. • Ashall Projects has agreed a deal with M&G Investments to fund the delivery of the first phase of its Centre Square project in Middlesbrough. Leading investment manager M&G has agreed to provide over £22m for the acquisition of a long leasehold interest in the site and to forward fund the development. Middlesbrough was listed as one of 16 booming “digital suburbs and tech towns” in an influential recent report, Tech Nation 2018. The number of digital tech jobs grew by almost 20% to nearly 7,200 in Middlesbrough between 2016 and 2017, with a total business turnover of nearly £190m. Plans approved for jobs creating TeesAMP Plans to develop a multi-million pound advanced manufacturing park in the Tees Valley have taken another step forward. Middlesbrough Council’s Planning and Development Committee approved ambitious plans for the 11-hectare TeesAMP advanced manufacturing park development – designed to attract businesses with high value jobs. The first high specification units – designed to be adaptable for advanced manufacturers – will be ready for occupation from Spring 2019. Middlesbrough’s city centre regeneration has take another giant leap forward as the council agreed to sell parts of the Gresham area to make way for a modern student village. Middlesbrough Council’s executive agreed to the disposal of land at a meeting, to allow Teesside University to create a modern 21st century student village on the site. A report, put before leading councillors and mayor Dave Budd at a special meeting, also recommend bringing forward housing development on the rest of the site in two phases. ALBERT ROAD SET FOR TRANSFORMATION A rundown area of Middlesbrough is being brought back to life by local regeneration specialists Jomast and Middlesbrough Council. Albert Road, which is a main thoroughfare in the town, runs from Middlesbrough railway station to Centre Square and Teesside University. The once bustling commercial district is now benefiting from significant regeneration to reinvigorate the area into a vibrant new business community known as Albert North. Made up of a collection of eclectic buildings, Albert North will boast a number of modern studios and offices for small-to-large businesses, as well as food and drink outlets and city living apartments. MAYOR OPENS NEW £200K TENNIS WORLD FACILITIES Tees Valley mayor Ben Houchen served up a winner when he marked the start of the British Open at Wimbledon by unveiling the first phase of a £200,000 investment in Tennis World, Middlesbrough. The investment in new indoor and outdoor courts together with LED lighting is the first phase of what will comprise the biggest project since Teesside’s biggest independent tennis club opened in 1986.