Stubbs Rich Architects has begun work on Phase 2 of a £15 million project at Milton Park in Abingdon, Oxfordshire.
The first two of four three-storey office buildings at Milton Park, which is owned by MEPC, were quickly let and are now fully occupied. Phase 2, the next two buildings, is thought to be the first speculative office development to be built in the Thames Valley since 2008. The development is located within the Government??s Science Vale UK Enterprise Zone.
Bath based Stubbs Rich specialise in designing workplace accommodation in which knowledge-based businesses can thrive: adaptable, contemporary and inspiring. The two new buildings, each approximately 3,000sqm, will achieve an ?excellent?? BREEAM rating.
Stubbs Rich partner David Beckett said: ?We believe it is important for new buildings to be adaptable if they are to have longevity. The interiors should be flexible, allowing for different uses over the course of the life of the building. It is a sign of an improving economic situation that such an office development is being constructed in the Thames Valley and we are sure that, once complete, tenants will enjoy its flexible design and excellent location. We are delighted to have worked with such an established property development business as MEPC.??
Andrew Barlow, Commercial Director at MEPC, said: “Offices of this calibre belong at Milton Park. Whether taken by one company or occupied floor by floor, the customers for these buildings will become part of a highly successful business estate which has grown to include 220 companies employing 6500 staff. We are confident that with the buoyant Oxfordshire economy and our own track record at Milton Park, our substantial investment in these buildings will be rewarded with the creation of up to 500 new jobs at Milton Park.”
Communities Secretary Eric Pickles said: ?Economic growth is this government??s top priority and Enterprise Zones are the engine room of that strategy. They are a fantastic way to attract the jobs and business investment that local areas need. MEPC is showing that this is true in the Science Vale UK Enterprise Zone by starting construction of its largest office development at Milton Park for over 10 years – so it is a really important step that will create 500 new local jobs.”