Teesworks business space lined up
Around 100,000 sq ft will be built across 43 units, in a development intended to allow supply chain businesses to locate close to large-scale power projects now under way.
The development will comprise one commercial unit of 10,000sq ft, two units of 7,000sq ft and five units of 3,500sq ft.
There will also be 35 hybrid units of 1,600sq ft which will include ground floor warehouse and first floor office space.
New parking for South Bank railway station will feature in the development, which will also include a memorial garden providing a lasting tribute to those who perished at the former steelworks site.
Teesworks chairman Chris Musgrave said: “We are now making huge strides in transforming Teesworks into a location where businesses can thrive.
“We are developing this as a place where local firms can set up and grow – and companies from outside the area can also expand into Teesside.”
A planning application will be submitted to Redcar & Cleveland Council in the coming weeks, with construction expected to start early in 2024.
Potentially, British Steel could be bringing steelmaking back to Teesside with plans recently floated for an electric arc furnace at Lackenby.
Already under way is a £450m SeAH Wind monopile manufacturing facility at South Bank while the work on the deepwater South Bank Quay is also nearing completion.
Preparatory work is ongoing at the site of the former Redcar blast furnace, where plans are in place for a £1.5bn Net Zero Teesside Power project.