People, Places, Business

Harbourside

New Research and Development Village for Harbourside

A new research and development village planned for Port Talbot's Harbourside has moved a step closer thanks to a grant from the South West Wales Property Development Fund.

Harbourside

Neath Port Talbot Council and developers Deryn Properties have been successful in securing approval for the grant which will mean further expansion for new companies to locate at the new Harbourside development.

This is a big boost to the Council's masterplan for the area, which has been prepared to maximise the benefits of Harbour Way, which is currently under construction.

Plans are in place for a £6.3 million development comprising of three buildings totalling 42,000 sq.ft. and more space is available for expansion. The architects are Rio Architects from Cardiff.

Officers have identified a site adjacent to the new Magistrates Court on Harbourside, which will now go forward for planning consent. 

Tenants have already been secured for part of the development, including TWI and TATA Steel.  Expansion space will allow for more companies to locate in the development. 

Corporate Director for Environment John Flower said, "The Council has been working with the private sector developers towards securing a grant to build a research and development village on Harbourside.  As well as TATA and TWI, it will also attract other similar companies which will fit into our plans for the regeneration of the Docks site.  It is very pleasing to see our forward plans based on the Harbourside investment already paying dividends with this high quality development". 

David Stacey of the developers Deryn Properties said, "We are delighted to be making this investment in Port Talbot and are very excited about the regeneration opportunities at Harbourside.  This Research & Development Village will secure high quality emploiyment for the County Borough and will attract further investment from companies involved in pioneering technologies".