A £3 million scheme from Capital & Centric has started speculative construction in Speke’s Estuary Commerce Park.

Capital & Centric are building Hangar 1+2 on a four-acre site purchased from the Homes and Communities Agency in December 2014, with the aim of developing the space into 40,000 square foot of office and warehouse space aimed at SMEs, including a laboratory and a research and development space.

The project’s construction firm is Seddon, who will also create new road access and landscape the surrounding areas.

Adam Higgins, Capital & Centric’s director, said:

“It is fantastic to be onsite with another speculative scheme for the region, our fourth live construction site.

“We’ve focused on energy efficiency, interesting design and high-quality construction. We’re confident we will attract some exciting, fast-growing businesses to the development that will fit right in with the surrounding organisations.”

Joe Anderson, mayor of Liverpool, added:

“Estuary Commerce Park has long been established as a great employment generator for south Liverpool and Capital & Centric’s involvement in this site has provided fantastic opportunities over the last five years.

“Their success there has been enhanced by their willingness to develop speculatively so that potential occupiers can see and feel the space before making a decision. It’s great to see the next phase underway.”

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Words: Peter Cribley