Up to eight new industrial units could be in the pipeline for Crowland, which would allow existing businesses to expand and attract new firms.
South Holland District Council’s cabinet will be asked on Tuesday to release £60,000 from the £365,000 held in the Crease Drove industrial estate fund so a future project can be drawn-up and taken through to planning consent stage.
In a report to councillors, senior economic development officer Nigel Burch says: “The benefits to the district from any additional development would be the creation of new workspace in Crowland, which in the past proved to be attractive to both local businesses expanding, and in attracting two businesses from outside South Holland, due in part to the proximity of Peterborough some ten minutes away.
“The council’s existing starter units at Horseshoe Yard are fully let and two businesses are utilising two units each due to there being no larger units in town for them to expand into. The construction of new units would facilitate the expansion of these two businesses, at the same time freeing up the mini units that they currently occupy for new start-up businesses.”
If the project is approved, the council would have £305,000 to put towards match-funded schemes to build the units.