A £60m plan to develop 35 acres at Bournemouth Airport into new business space has been unveiled.
MAG Developments, the company behind the planned redevelopment of Manchester Airport, has published details and never-before-seen pictures of its plans to build 540,000 sq ft of offices, warehouses and hangars at Bournemouth’s 200 acre Aviation Business Park over 10 years.
The park currently provides 1.6m sq ft of business space, comprising offices, industrial units, distribution warehouses and hangars, with occupiers including professional services company Babcock, engineering group Meggitt and aircraft interiors manufacturer AIM Aviation.
A MAG spokesman said the park has been resilient throughout the downturn, maintaining around a 97% occupancy level.
The company’s plans for the site comprise 540,000 of new business premises split across five separate plots totalling 35 acres.
The spokesman said MAG is in talks with “a number of interested parties for around 240,000 sq ft of the space”. It hopes the plans will create more than 1,000 new jobs.
Stephanie Mullenger, MAG’s general manager for property, said: “[The site] is in a particularly favourable location for industrial occupiers within the A31-M27 corridor, offering direct access to the airport.
“This project will build upon these successes, generate more economic activity and support the growth of businesses already based at Aviation Business Park.”