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Teal Park update

Works are proceeding rapidly on both the A46 Bypass upgrade and the Seimen’s development at Teal Park.

As can be seen from the aerial photographs attached, the Bypass upgrade works are now taking shape and the new roundabout at the Whisby Road/Kingsley Road junction is open.

Owners of the 87 acre development, Taylor Lindsey, are now, through their Sole Agents Hodgson Elkington, fielding enquiries for other occupiers moving onto the site.

Director of Taylor Lindsey Robin Taylor stated that he was delighted with the progress that is being made with both the highway upgrade and the building works on the Seimen’s relocation site.  “With these two elements of the project going according to plan, we will, by the end of this year, have the East Midlands Premier Employment Park up trading and open for business”.

Sam Elkington, Senior Partner of Hodgson Elkington and Sole Agent for the development, stated “Now that potential occupiers of Teal Park can see development work taking place and know that the Bypass upgrade is nearing completion, they can see that this project is for real and that Lincoln really is the home of the East Midlands Premier Employment Park.  We have received a number of enquiries which we are progressing and whilst it will clearly take time to bring these to fruition, it is encouraging that even in these extremely testing times, occupiers are showing genuine interest in the development.”

Works on the A46 Bypass are scheduled to be completed by Autumn 2012.  Work on the Seimens relocation building is scheduled also to be completed by August 2012 with an occupation of the building taking place scheduled to be in early 2013.

Teal Park extends to 87 acres and has a planning consent for 1.3 million sq ft of employment space which will include factories, offices, along with ancillary accommodation comprising, pub, hotel, showroom and leisure uses.

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