Property developer HBD has completed two deals at Airport Business Park Southend (ABPS) totalling £19.3 million.
The firm will deliver a £14.3 million building spanning 129,000 sq. ft. for IPECO; its second base at the scheme designed and built by HBD. Work is due to begin on site in May, with the aircraft seating manufacturer expected to take occupation early next year.
HBD will also design and develop a £5 million building for CAMA at Airport Business Park Southend. The 27,600 sq. ft. purpose-built warehouse will allow CAMA AssetStore to grow its business; sustainability-focused storage and asset management specialising in the reuse of sets, props and costumes for film and TV. Work will complete in Q4 2023, with CAMA expected to move in early 2024.
“ABPS is a hugely successful scheme that has attracted valuable inward investment for Southend and provided the space, resources and ecosystem for businesses like IPECO to deliver on ambitious growth strategies. It’s great to see IPECO expanding further at ABPS and we’ve no doubt that it will prove an equally successful location for CAMA,” said Ed Hutchinson, Managing Director at HBD.
ABPS forms part of an ambitious new vision for Southend-on-Sea. The 52-acre development is being delivered in partnership between HBD and Southend-on-Sea City Council.
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