2 minute read - 12th February 2024
Approval for major expansion of MIRA Tech Park
Proposals for a major expansion of MIRA Tech Park have been approved by North Warwickshire Borough Council. The approved South Site will deliver a high-quality, masterplan development incorporating 2.3 million square feet of large scale manufacturing and industrial facilities that are complementary to the R&D facilities and campus at the existing MIRA Tech Park site.
The expansion is expected to create 2,500 highly skilled jobs, and progress on site will be supported by major power and road infrastructure investment, creating an environment conducive to growth with a range of building sizes from 250,000 square feet to suit tenant requirements.
MIRA Tech Park says its South Site will foster collaboration, enhance operational efficiency and meet the needs and requirements of businesses in the growing hi-tech manufacturing industry, positioning the site as a highly strategic development in the Midlands Engine.
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A major expansion of the MIRA Tech Park has secured approval – more than 2,500 new highly skilled jobs are expected to be created / Picture: MIRA Tech Park
Tim Nathan, managing director of MIRA Tech Park, said: “We are thrilled with this announcement, which is a key milestone unlocking the next phase of this long-term project and which will further establish MIRA Tech Park as a globally attractive location and UK national asset.”
As part of the larger MIRA cluster, the South Site enjoys the benefits of the existing Tech Park planning consent and infrastructure investment, to grow to an impressive 4 million square feet upon completion. MIRA added the expansion presents a golden opportunity for large-scale advanced manufacturing in next-generation mobility and cleantech technologies.
With early applications set to fast-track delivery, the realisation of this project is well on its way for construction in 2025. Final planning consent is subject to a Section 106 confirmation and Highways final approval.
