Progress on building the four separate units is advanced with the bulk of the construction programme complete and with the internal fit-outs now advancing. The units, ranging in size from 17,728 sq ft to 23,950 sq ft, are expected to appeal to the manufacturing, logistics and distribution industry due to their close proximity to the M8 motorway.
Jamie Cumming, Commercial Director, Hillington Park said: “Every one of the many thousands of people passing the Park along the M8 every day will have seen the rapid progress of Evolution Court. We’re looking forward to its completion at the end of this year and to welcoming new occupiers in 2017.”
Consultants EKOS Limited examined the economic impact of Evolution Court and identified that it would support 120 full time jobs and help generate £6.3m annual GVA at the Renfrewshire/Glasgow level, and 150 jobs and £10.9m GVA at the Scottish level.
Evolution Court is being built using the Park’s Simplified Planning Zone (SPZ) guidelines and is a joint venture between Oaktree Capital Management and Patrizia ag.
The SPZ is effectively a pre-agreed planning permission, jointly approved by Renfrewshire and Glasgow City Councils, for the entire Park underpinned with a set of simple development parameters.