Go-ahead given for employment park that will create over 1,300 jobs

How the scheme will look

Over 1,300 jobs are set to be created after Boundary Real Estate received the green light for Phase 2 of Watermead Business Park.

The new 656,620 sq ft development will bring up to 918 permanent and 447 temporary jobs to the area through the development of employment space.

The site, part of the Raynsway portfolio and acquired by Boundary in 2022, is between the towns of Thurmaston, Wanlip, Birstall and Syston, approximately three miles north of Leicester city centre.

Mike Morrison, founding partner of Boundary, said: “At Boundary we strive to regenerate and reposition our investments to create sustainable space/accommodation for our tenants to thrive within. We have been working extremely closely with Charnwood Borough Council, Leicester City Council, The Mayor and various regeneration groups, along with our design and planning team, to develop a regeneration that not only provides jobs and growth for the region, but is also is an exemplar in environmental terms.”

The new development will target a BREEAM Excellent rating.

Morrison added: “The new development will aim to set best-in-class embodied carbon targets for all the buildings being developed. By focussing on construction methods, we can target Watermead as a Net Zero Carbon development from a construction standpoint and ultimately in use too.”

EV Charging points will be installed, along with electric bikes. As part of the scheme’s Travel Plan, further measures and incentives will be put in place to encourage sustainable travel modes to the site.

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