Watershed Packaging announced plans to build a brand new manufacturing facility at Thornes Farm for their Leeds headquarters. This makes us the first company to take advantage of the incentives on offer to businesses locating in the new Aire Valley Leeds enterprise zone.
The new premises allows Watershed Packaging to relocate and expand its operations in Leeds, building a new 25,000 sq ft unit on the 2.5 hectare site and creating up to 40 new jobs. The site also allows the option to expand the premises by a further 25,000 sq ft at a future date.
The enterprise zone, which went live at the beginning of April 2012, covers 142 hectares of prime development land strategically positioned along the route of the East Leeds Link Road. It is ideally located just minutes from Leeds city centre and the national motorway network. Thornes Farm is owned by Leeds City Council, and is one of four sites that make up the Aire Valley Leeds enterprise zone: Newmarket Lane (9.2 ha), Thornes Farm (21 ha), Logic Leeds (49 ha) and Temple Green (63 ha).
All four sites are ready for development and have planning consents in place for a range of employment uses, including large-scale manufacturing, distribution and high quality offices. Any companies relocating to the enterprise zone benefit from reduced business rates worth up to £275,000 over a five year period, plus simplified planning and an intensive business support package.
Chief executive John Waters said: “The location, combined with the support available to companies locating in the enterprise zone, made this an wonderful opportunity to consolidate and expand our operations into a modern facility, with scope for further growth. These are truly exciting times for the business.”
Take a look at how impressive our new Leeds HQ is!
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