Construction progress continues at Lincoln Enterprise Park
Construction of the next phase at Lincoln Enterprise Park is progressing, with 80% of the space already reserved.
The park is progressing with phases 7 to 10, which will bring an additional 34,500 sq ft of space and could potentially create up to 100 new jobs.
Groundworks are complete, and steel frames and roofs are finished, these phases, each covering 6,500 sq ft, are progressing as planned.
In total, phases 7 to 10 will introduce 13 new mixed-use units ranging from 1,451 to 11,500 sq ft.
One of the current occupants, kitchen and furniture manufacturer Krantz Designs, has been at Lincoln Enterprise Park since 2020.
With a growing client base and a preference for in-house manufacturing, Krantz Designs has acquired phase 7 and secured part of another unit in phase 9, totalling 20,000 sq ft of space at the park.
Managing director of Krantz Designs, Jamie Krantz, said: “With our showroom on historic Bailgate in Lincoln, we currently manufacture about 90% of our products here at Lincoln Enterprise Park, but for some time have wanted to increase that to 100%. We had no desire to move from the park as it’s the perfect location for us, is well managed and has a supportive business network, therefore when Nick secured planning for the next stage of expansion, I jumped at the chance to design and build our new HQ.
“We will have approximately 30 skilled team members at the park when we move into our new spaces later this year, which will include CAD technicians, cabinet painters, machinists and office personnel, and we will be recruiting in due course to fill new roles. The team and I are pleased to be continuing our journey at Lincoln Enterprise Park.”
Managing director of LEP Developments, Nicholas Falkinder, said: “At Lincoln Enterprise Park we support economic growth by providing our premium product in a unique and highly accessible location. Because of what we have on offer here and the service we provide, we have been fully occupied for over seven years. Jamie and the team at Krantz Designs are a great example of the business community at the park and how we support those businesses through leasehold agreements, and then on to freehold opportunities if required.
“From the outset, interest in the new units has been high and this resulted in 80% pre-construction sales in just a matter of months. The majority have been taken by existing occupants, which is what we strive for, and we are welcoming some exciting new businesses later in the year. I’m passionate about this park and its success, and for the first time, we are developers and contractors, which is an incredible journey to be on to both ensure quality and see the progress onsite each day. I want to thank our community of businesses here and everyone who has made these next phases possible.”
Developer and site owner LEP Developments commenced works in October last year, acting as both developer and contractor.
All contractors are from the East Midlands, with Lincoln-based CM Civils handling the groundwork.
Phases 7 and 8 will be finished by summer, phase 9 by early autumn, and phase 10 by early 2025. Two units are still up for grabs and are being promoted by local agents Pygott & Crone and Lambert Smith Hampton.
