£8m expansion at Weavers Court set to create 480 jobs
A MAJOR expansion at Belfast's Weavers Court business park could facilitate up to 480 additional jobs as its readies itself for larger occupiers and hopefully foreign director investment arrivals, its directors have confirmed.
The park is set to complete work on three 5,000 sq ft redeveloped industrial units next month, with building work also now under way for an additional 40,000 sq ft of grade A office space, launching in 2019. The £8 million investment is being supported by Danske Bank.
Located on a 10-acre site at the western gateway to the city, Weavers Court offers a range of office sizes with flexible leases and has become known as a city hub for IT companies.
It has 40 tenants involved in high-tech markets, international computer services, cyber security, film and entrepreneurship development.
Uniquely, it is also home to the “Original Hairbus” (a mobile barber shop), two gymnasiums and Belfast's innovative Hackerspace and coder dojo (a free computer programming club for young people).
Weavers Court director Tom Ekin said: “We've researched other technology parks in Europe and USA and found a recognition that campus-style open green spaces outside of well-designed offices encourages employees to be healthier and more productive.
“Our three new industrial units capitalise on the desire for industrial chic design while being fully equipped to grade A specification.
"The 40,000 sq ft four storey building is being designed by prize-winning local architects and has unique features that create a practical work space.
“Many of our tenants expand and outgrow their unit,but we make every effort to help them remain inside the park. That way we can support our tenant's growth ambitions whilst ensure the occupancy rate remains high.”
Brian Shane, corporate banking manager at Danske Bank, said: “Weavers Court has established itself as one of the UK's leading campus-style city centre business parks, offering flexibility for tenants and a high quality working environment close to the city centre.
“The company's investment will support the regeneration of the area which has already seen the development of hotels and Weavers Cross Transport Hub which will be opening next to the park.
"The owners have invested heavily in creating a high quality campus for businesses to grow and we're delighted to support this next phase of expansion.”