Business units to provide economic boost for Teesside

A multi-million-pound development consisting of 43 business units, offering nearly 9,300m² of industrial, commercial and office space, has been announced for the Teesworks site at South Bank.

Intended to provide a location for local firms to benefit from the major developments taking place at Teesworks, the development will comprise one commercial unit of 930m², two units of 650m² and five units of 325m². There will also be a further 35 hybrid units of 148m², which will include ground floor warehouse and first floor office space.

Teesworks Chairman Chris Musgrave OBE said: “We are now making huge strides in transforming Teesworks into a location where businesses can thrive.

“We are developing this as a place where local firms can set up and grow – and companies from outside the area can also expand.”

Tees Valley Mayor Ben Houchen said: “This is another example of the fantastic progress we are making to develop the site as a great location for a whole range of businesses.

“These units will provide a modern space where new companies can set up and where established firms can expand and grow – delivering the well-paid jobs and investment our area deserves.”

Construction is expected to start on the units later this year, subject to planning approval.