Business Sites & Opportunities
4,500-ACRE
cost-effective sites and premises , with significant opportunities for development at Teesworks
National centres of excellence including the Centre for Process Innovation ( CPI ) and National Horizons Centre ( specialising in training for UK bio-science ), the Materials Processing Institute , TWI and Teesside University
7.1M SQ M
estimated of business floor space in Tees Valley as at 2022 / 23
4,500-acre Freeport offering business benefits in all five boroughs of Tees Valley
Tees Valley has some of the lowest office operating costs in the country with rents , rates and terms significantly lower than all other major UK cities and a fraction of those in and around London
Place
£ 1.072BN
economic impact of tourism in Tees Valley
21.13M
days spent by visitors in Tees Valley
18.17M
visitors to Tees Valley in 2022
Outstanding cultural offer and an extensive cultural asset base
Two Mayoral Development Corporations in Hartlepool and Middlesbrough , with powers to supercharge towns by encouraging investment and cutting red tape
With average wage rates far closer to the national average than house prices , Tees Valley has some of the most affordable homes in the country
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