Real estate firm wins science corridor deal

REAL estate services company Cushman & Wakefield has been hired to turn the Cheshire Science Corridor – one of 18 new enterprise zones nationally – into a reality.

The enterprise pone will significantly boost the number of science and innovation businesses in Cheshire and Warrington and has the potential to create more than 20,000 new jobs, attract 500 businesses and lever in approximately £100m to be reinvested in essential infrastructure.

New York-headquartered C&W with offices in Manchester won the bid run by Cheshire and Warrington Local Enterprise Partnership (LEP) to get the enterprise zone fully operational by April 1.

The Cheshire Science Corridor was designated as one of the 18 new zones by the Department of Communities and Local Government in September.

Caroline Baker and Heather Standidge from Cushman & Wakefield’s Manchester office, together with Ben Pretty and Stephen Miles from the Leeds office are working collaboratively with the LEP.

The Cheshire Science Corridor brings together some of the area’s nationally and internationally significant assets and business clusters including life science research and facilities at Alderley Park and nuclear at Birchwood in Warrington.

They are combining with environmental technology and advanced manufacturing hubs at the University of Chester’s Thornton Science Park and in Ellesmere Port.

The focus will be on raising the profile of the area as a business location and supporting a more co-ordinated and strategic approach to delivery and sustainable economic growth.

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