THE owners of Teesside’s Wynyard Park are aiming to repeat their success in the North East at a business park in Kent.
Chris Musgrave and Trevor Cartner, who own the 700-acre North East park, are leading a consortium supported by Palmer Capital, aiming to generate jobs at the 297-acre Discovery Park site in Sandwich, Kent, that was formerly owned by drugs giant Pfizer.
The park currently houses 14 businesses employing around 900 people and the new owners are aiming to generate 3,000 jobs in the next five years.
Cartner, chairman of Discovery Park, said: “The site represented a unique opportunity to replicate the approach we have taken at Wynyard Park which has resulted in an empty site being transformed into a successful business development that is currently operating at 90% capacity. We now have over 2,000 people at Wynyard Park and are continuing to expand, investing in the facilities and amenities to ensure its long term sustainability.”
Chief executive Musgrave added: “We have ambitious plans to invest in the park and in spring 2013, following a period of research and consultation, we will unveil our master plan for the site. Our vision is quite simple, we want to create a sustainable mixed use community centred around the world class science and technology offering Discovery Park already has and which we plan to enhance.”
Wynyard Park, which started life in 2005, is now home to more than 65 organisations including Huntsman and AMEC.