VALUE: £11 million
Innovation Drive is Barnfield Construction’s 400,000 sqft commercial and industrial development within the 37-acre advanced engineering park in Burnley.
Barnfield purchased the former Michelin factory site from the Homes and Communities Agency (HCA) in . Barnfield have now commenced work on the final phase to completely refurbish the last section of the existing structure of the main building that dominates the park.
Barnfield’s development property team signed up flagship engineering tenants, Kaman Tooling Ltd and BCW Engineering Limited, who now collectively occupy 120,000 sq ft of the site.
30,000 sq ft industrial units have also now been built at the entrance to the park for Kavia Tooling, Elite 04 and Lomax Offshore Couplings.
Barnfield Construction has successfully created a logistics hub, attracting manufacturing “supply chain” businesses, generating £7 million of private sector investment, and creating around 1000 new high-tech jobs.