Conservatives were delighted to welcome Rt Hon Sajid Javid MP, Secretary of State for Communities and Local Government, to Basingstoke. One of the sites the Secretary of State visited was Basing View, recently declared an Enterprise Zone, where thousands of jobs will be created as the business centre is modernised and regenerated.
Hampshire County Council (HCC) and Basingstoke & Deane Borough Council (BDBC) are key partners working with the M3 Local Enterprise Partnership to promote the development of Basing View. An Enterprise Zone Steering Group has been set up to drive demand from potential business occupiers to the site. For 25 years all business rates growth can be retained by the LEP to support costs of infrastructure on and around the Enterprise Zone.
HCC and BDBC officers are working together to attract private sector corporate clients to the site and are also discussing the possible development of a public sector hub, to accommodate appropriate office-based activities for local, regional and even national public sector organisations, for example based around key specialisms such as healthcare.
A developer is taking forward a speculative development of 60,000 sq ft of Grade A office space, which will strengthen the site’s ability to attract new tenants. Interest in this space is already substantial. If the building is let there is every chance that the developer will take forward more development. Leader of Hampshire County Council, Roy Perry said “This is a good news story for Basingstoke and for Hampshire. We are delighted to be working in partnership to help strengthen Basing View. Longer term, HCC is likely to look at improving links between Basing View and the ring road, to accommodate the anticipated growth on the site (currently programmed for 2020/21). Leader of Basingstoke and Deane Borough Council, Clive Sanders added: “Strategically, for businesses, Basing View is very attractive, given its easy access to the rail network and a relatively short journey time into Waterloo. The regeneration we are driving forward will give a long-term boost to our local economy.”