Finance firm to bring 150 jobs to technology park

Work is underway on a two-storey office building at Longbridge Technology Park for professional services consultancy Barnett Waddingham.

In December 2018, the firm signed a 15-year lease as St. Modwen pre-let 21,000 sq ft of space at the new-build office development.

The deal was the biggest out-of-town letting in the region for Q4 and Barnett Waddingham is expected to bring over 150 jobs to the area.

Longbridge Technology Park is already home to a range of digital businesses, including cyber security firm Aristi, web-design agency Ballyhoo and 3D printing re-seller Mark3D UK.

Chris Newsome, development director at St Modwen, said: “Both the success of the Innovation Centre and our ongoing regeneration of Longbridge have highlighted the need for further quality office space to accommodate high-calibre companies like Barnett Waddingham.

“St. Modwen’s aim is to create an excellent place to work, live and visit here in Longbridge and we are working on bringing more employment space forward to achieve this.”

Paul Hubbold, partner at Barnett Waddingham, added: “Barnett Waddingham’s strong growth, both within the Midlands and across the business, has allowed us to prioritise expansion into what will be an ideal space for us.

“Our move to 3 Devon Way will allow the business to provide its employees with flexible working spaces, superb facilities and excellent transport links. The regeneration of Longbridge is a huge success story for the region and we greatly anticipate our move to the Technology Park in 2020.”

Avison Young and Savills are joint agents for the marketing of the site.