PLANNING permission has been granted for a £10 million employment hub in Ravenscraig.
The project, led by Fusion Assets, will provide industrial space for up to 10 businesses in one of Europe’s largest brownfield regeneration sites.
The approved plans include a mix of flexible industrial buildings to accommodate both larger businesses and smaller operations in Ravenscraig,
READ MORE: Johnnie Walker building on the market for offers more than £31 million
Three standalone buildings will cater to larger businesses, while a fourth structure will be divided into seven units for smaller enterprises.
Together, the buildings will total 62,000 square feet and will be suitable for office space, industrial activity, distribution, and storage.
The six-acre site is located opposite the Ravenscraig Regional Sports Facility and is part of SevenFourEight, a new production and logistics hub at the heart of Ravenscraig.
The project follows the sale of land by Ravenscraig Limited to Fusion Assets last year.
Russell Wilkie, director at Ravenscraig Limited, said: "As one of Europe’s largest regeneration initiatives, Ravenscraig is evolving into a self-sufficient community with housing, education, transport, and employment opportunities.
"SevenFourEight is a crucial piece in this puzzle, set to become one of Scotland’s best-connected industrial hubs, with ideal access to both the M74 and M8 motorways.
READ MORE: Scottish Christmas tree farm which supplies luxury hotel up for sale
"This project, led by Fusion Assets is a significant step forward in turning our vision for Ravenscraig into a reality, bringing high-quality employment opportunities and investment into the area."
Murray Collins, managing director of Fusion Assets, said: "Planning approval for our new development at Ravenscraig represents a significant milestone in the transformation of this part of the Ravenscraig site into a major new business location that will bring jobs to the local area.
"Fusion Assets is grateful to the Scottish Government and the council for their continued support of its regeneration activities to address the legacy of vacant and derelict land across North Lanarkshire."
Why are you making commenting on The National only available to subscribers?
We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.
Unfortunately, though, these important debates are being spoiled by a vocal minority of trolls who aren’t really interested in the issues, try to derail the conversations, register under fake names, and post vile abuse.
So that’s why we’ve decided to make the ability to comment only available to our paying subscribers. That way, all the trolls who post abuse on our website will have to pay if they want to join the debate – and risk a permanent ban from the account that they subscribe with.
The conversation will go back to what it should be about – people who care passionately about the issues, but disagree constructively on what we should do about them. Let’s get that debate started!
Callum Baird, Editor of The National
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel