Tees Business Tees Business Issue 15 | Page 75

Serving the Teesside Business Community | 75 / HARTLEPOOL NEWS Thousands of jobs and millions of pounds of investment could come Teesside’s way via an audacious project revealed by Northern Gas Networks. The scheme would see hydrogen produced on Teesside and pumped through the National Grid to power and heat thousands of homes in Leeds. Teesside already produces around half of the country’s hydrogen, which is used for industrial processes. #TalkingUpTeesside £4m combined authority cash to fund new Tees bypass HEALTHY DEMAND FOR GYM T ees Valley Combined Authority has awarded £4.18m to help bring forward a vital new road in Hartlepool. At a meeting of the combined authority cabinet, it was agreed to invest the cash into the £18m scheme for Hartlepool’s Western Growth Corridor, which will provide an extra route into the town and unlock land for housing development. It would also assist in the building of around 1,500 new homes to the West of Hartlepool, as set out in the town’s Local Plan, leveraging at least £200m in private sector investment into homes, infrastructure and facilities. At present, Hartlepool only has two main road routes in and out of the town for the A19. The new road proposals would create a bypass for the village of Elwick and deliver an upgrade to the current Elwick North junction to the A19, to give a third route into Hartlepool. The scheme would relieve pressure on existing access points to allow them to support economic growth elsewhere, such as the port and three enterprise zones. Funding from the authority, to be delivered from 2019 to 2021, joins investment of £9.65m from Hartlepool Council. The combined authority will also work alongside Homes England to secure a further £4.18m funding to drive the scheme forward. TEES FIRM WORKS ON £2m PUB PROJECT Seymour Civil Engineering and Barnes Construction have celebrated their respective 40th anniversaries with the completion of a ground-breaking £2m public house development in Skelton. The Longacre is the latest pub development from Marston’s, located at the newly-developed Skelton Park on Pheasant Fields Lane. As one of only three construction companies on the Marston’s framework, the Longacre is the 38th public house that Ipswich-based construction company Barnes Construction has worked on in partnership with the national pub chain. Brought in as the civil engineering contractor for the project, Hartlepool-based Seymour Civil Engineering completed the earthworks for the development, as well as laying the foundations, installing the drainage system and paving. Funky Laser expands with return to its first home Designer Leah Moore had a touch of déjà vu recently when she moved into UK Steel Enterprise’s Innovation Centre at Hartlepool to give her the additional space her growing business desperately needed. Funky Laser designs and creates a quirky range of products made largely in Perspex and wood but also in leather and other materials. They include cake toppers, badges, necklaces and photographic props featuring anything from moustaches, jokes, names and quotes to flowers, lips and animals. Blue Marble Asset Management has sold the freehold of a Hartlepool gym for close to the asking price of £1.4m, representing a net initial yield of just over 3.75%. Acting on behalf of Pemberstone, Tim Matthews, chief executive of Birmingham- based real estate asset management company Blue Marble, sold the freehold investment in The Gym Group building, on Harbour Walk, to an unnamed private overseas investor. Constructed in 2000, the building is a 25,263-sq ft detached unit over two floors, currently fitted out as a health and fitness centre in a prominent location next to Hartlepool Marina. Offshore boost for JDR JDR Cables, based at Hartlepool’s docks, has won the deal for 62 miles of cables for Ørsted’s record-breaking Hornsea Project Two offshore wind farm. When it’s complete and operational in 2022, the wind farm will supply clean electricity to more than 1.3 million homes. And the cables being handled by JDR are enough to stretch from Hartlepool to Leeds. They will all be assembled in JDR’s Hartlepool facility. It’s nine years since JDR opened a new £20m state-of-the-art Hartlepool factory, with bosses saying they hoped to bring 200 jobs to town. Since then the firm has grown and the Hartlepool plant has won a string of high- profile orders.