Press
WORK STARTS ON NEW £4 MILLION INDUSTRIAL DEVELOPMENT IN ST HELENS
10th December 2020
Northern Trust is pleased to confirm that work on their new 35,600 sq ft industrial development in St Helens has started on site.
The phase two development at their Gerards Park scheme located off College Street, will add 20 more units to the popular scheme. The new units will be constructed to a high specification and will be arranged in 3 separate terraced blocks with sizes ranging from 818 sq ft up to 2,906 sq ft. The units over 1,000 sq ft will include integral office space, and there will be dedicated parking to the front of each unit with good communal circulation space.
The phase two development is being part funded by the Local Growth Fund. Local Growth Funding is awarded to the Liverpool City Region Local Enterprise Partnership (LEP) and invested through the Liverpool City Region Combined Authority through its Strategic Investment Fund.
Mike Grindrod, Director at Northern Trust commented “We are delighted to have the support of Liverpool City Region Combined Authority in bringing forward this strategic development, which will complement our existing ownership in St Helens and provide much needed workshop accommodation for small and medium sized enterprises looking to set up or relocate to the area. Considering the current economic climate this development shows our commitment to investing in the area and creating jobs for the local economy.”
Steve Rotheram, Metro Mayor of the Liverpool City Region, said:
“We’ve invested £1m to help the site continue to grow and succeed. I want to ensure that we’re able to offer outstanding facilities that will keep attracting new businesses and jobs to St Helens, which is especially important given the impact of COVID these past few months.
“Retaining as many jobs and businesses and as much investment as possible, while attracting more will be really important in helping our region recover from the economic effects of this pandemic, but we’re already making a start.”
Councillor David Baines, Leader of St Helens Borough Council, commented: “Growing the local economy and attracting new jobs and investment was a priority for us before Covid, and it’s even more important now. Gerard’s Park is already a thriving site and this new development will add significantly to that. This scheme also demonstrates the value of partnership working, and it’s the latest evidence of the benefits of our membership of the Liverpool City Region.”
Minister for Regional Growth and Local Government, Luke Hall MP said:
“We’re giving business across the country the resources and opportunities they need to succeed. That’s why we are backing the Gerard’s Park scheme with a Local Growth Fund investment of over £1 million. The additional space will allow more SMEs to set up or relocate to Liverpool, boosting jobs and opportunities for the community.”
The new development sits alongside Northern Trust’s existing Gerards Park scheme which was developed back in 2012 and when completed will be actively managed by Northern Trust’s in house managing agents, Whittle Jones.
Northern Trust’s current ownership in St Helens extends to over 63,000 sq ft across 3 estates, in 62 units. All three estates are currently fully occupied and home to 61 different businesses.
For more details on the phase two development at Gerards Park or to register your interest please contact the Whittle Jones North West office on 01257 238666.
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Notes to Editors:
Press Enquiries; Northern Trust/Whittle Jones: Rosalyn Godsmark, 01257 238555 or rgodsmark@lyntonhouse.com
Strategic Investment Fund
“ The Strategic Investment Fund (SIF) is the key funding tool for promoting economic
growth for the Liverpool City Region. It supports the delivery of the City Region’s strategic priorities as well as unlocking economic potential and accelerating
inclusive growth.
For more information visit: https://www.liverpoolcityregion-ca.gov.uk/growing-oureconomy/strategic-investment-fund”
Local Growth Fund
“ Local Enterprise Partnerships are playing a vital role in driving forward economic
growth across the country, helping to build a country that works for everyone.
That’s why by 2021 Government will have invested over £12bn through the Local
Growth Fund, allowing LEPs to use their local knowledge to get all areas of the
country firing on all cylinders.
For more information visit: www.liverpoollep.org/funding/local-growth-fund”
