Silverstone Park developer MEPC’s £13 million commitment to upgrading utilities at the high-tech business estate has reached one its most important stages with work to install 21 MVA of electrical power to the site now completed.
Completion of the supply – from 10km away in Brackley – follows a highly technical three-year project in conjunction with Western Power Development costing approximately £4.5m.
MEPC’s Senior Development Manager Ben Leefield commented: “This has been a very sophisticated undertaking and has also involved the upgrading of sub-stations at each end.
“However it is now fully energised meaning we have sufficient electricity to meet all occupiers’ requirements well into the future across the 2.1m sq ft of floor space that Silverstone Park spans.”
Local Buckinghamshire County Councillor Warren Whyte, a Cabinet Member for Planning & Environment, said: “We’ve always been very supportive of MEPC in progressing its plans for the Silverstone Park business estate and one of the biggest challenges has been to get the right levels of energy feeding into the site.
"This is an amazing stage in that process. It signifies a very positive commitment to Buckinghamshire, Northamptonshire and Silverstone itself and shouts ‘we are ready for business – we are ready to go’."
He added: “These are very exciting times for Silverstone Park and the region – there is such a buzz surrounding the advanced engineering activity here. Together with the training and educational opportunities and the location that Silverstone Park has now become there is so much going on for the high-tech industries. It is absolutely superb.”
Completion of 21 MVA of electrical power marks the latest significant development to be successfully carried out by MEPC at Silverstone Park – much to the benefit of companies on site as well as visiting clients and guests.
In summer 2016 MEPC and Hexagon Manufacturing Intelligence jointly opened the UK’s only dedicated sub-contract inspection facility (inside the Park’s Innovation Centre). This not only offers high-tech SMEs access to state-of-the-art precision measurement machinery but also business growth opportunities via a new Silverstone Metrology Network.
In Q4 of last year MEPC completed work on 125,000sq ft of new ‘in-demand’ HQ style industrial units at Silverstone Park in an appealing campus-style setting. This is in line with the considerable landscaping that has transformed the arrival experience for visitors.
In the three years-plus since taking over management of Silverstone Park, MEPC has also helped create a community spirit among companies at the estate with regular business networking events plus recreational activities to help occupiers attract and retain the best people by offering a healthy work-life balance.
MEPC’s Roz Bird, Commercial Director for Silverstone Park, said: “We are delighted to have completed our 21 MVA installation and this further re-affirms the ‘our vision is becoming a reality’ message.
“Indeed this marks a major step in our future ambitions for Silverstone Park and underlines our very firm commitment to making the estate – at the centre of the Silverstone Technology Cluster – a global business destination for high-tech industry.”