£ 14.7m Braintree innovation center project moves forward

Council bosses have appointed an agent to market private offices at its new enterprise and innovation center.

Joscelyne Chase will be the property agent for the three-storey building, which is currently under construction at the new Horizon 120 Business, Innovation and Logistics Park, situated just off the A131 in Great Notley.

The £ 14.7 million complex is designed for start-ups and small businesses.

Plans for the building include an event space for conferences and company celebrations, and a café or restaurant, with a plaza area.

The center, branded as The Plaza, will form part of a business park which offers distribution and manufacturing spaces.

If the building work continues as planned, the center will be ready for occupation this summer.

Braintree Council housing boss Kevin Bowers said: “We are creating a modern and energy-efficient complex, with flexible and varied workspaces, which will help start-ups and small businesses innovate, develop, and grow.

“It will be a place where businesses can collaborate, access support and advice and build up knowledge and skills.

“This is an exciting and innovative project which will benefit businesses and the local area for many years to come.”

Jasmine Warren, associate director at Joscelyne Chase, said: “Joscelyne Chase Commercial are delighted to have been instructed by Braintree Council as the sole letting agent on this innovative new development.

“The building’s excellent design and layout will provide a wide range of different workspaces where small and start-up businesses can thrive.

“The Plaza at Horizon 120 will take the concept of serviced office space to a new level.”

The £ 14.7 million project is funded in part by the South East Local Enterprise Partnership which has allocated £ 7 million towards the scheme from the Government’s Getting Building Fund.

The £ 7.7 million balance is being paid for by Braintree Council.

South East Local Enterprise Partnership chair Christian Brodie said: “It is great to see this project getting ready to welcome new businesses into their office space. The aim of the Getting Building Fund is to support economic growth following the pandemic across the south east, and we are delighted to see this coming to fruition. ”

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