A recent survey of office and industrial
development in Peterborough has revealed encouraging signs of
During the year ending 31 December 2000,
some 3,400 square metres of office floorspace and 14,800 square metres
of industrial floorspace were completed. A further 11,800 square
metres of office floorspace and 5,800 square metres of industrial
floorspace were under construction. The results for office development
are particularly encouraging, since they show a scale of new
development in the pipeline that has not been seen for some ten years.
The survey has been carried out by
Peterborough City Council’s Planning Services as part of its
responsibilities for regular monitoring of development in the city.
One of the areas that is set to witness
the greatest change is Hampton, with one major new office building
under construction at Cygnet Park, another having recently been
granted planning permission and a phased scheme of industrial units
also with detailed planning permission about to start.
The upturn in development activity comes
at a time when the Council’s Local Plan (First Stage Deposit
Version) allocates a wide range of further sites for expansion of
employment opportunities in the city.
Councillor Ben Franklin, Chairman of the
city council’s Environment Committee, said, “I am pleased to see
that our planning and promotional work is now paying dividends, with
an upturn in development activity, leading to improved employment
opportunities. It is interesting to note that some of these schemes
are not pre-let to a specific occupier. This is an indication of
developer confidence in the employment development market in