Robert Hitchins, a prominent developer, has declared a £20 million investment in Bridgend Industrial Estate, South Wales, marking a substantial expansion of the Central Park development. This initiative involves the construction of two new commercial property units, both pre-let to major national brands.

The project will deliver over 100,000 sq ft of Grade A commercial space, addressing the demand in South Wales. The development includes a 20,000 sq ft builder’s merchants and an 82,000 sq ft industrial warehousing and office facility. The completion of these buildings is scheduled for July and October 2024, respectively.

This development is expected to create over 200 permanent jobs in Bridgend, in addition to numerous roles during the construction phase. John Jones, Senior Asset and Development Manager at Robert Hitchins, emphasized the company’s commitment to fostering employment opportunities and contributing to the growth of Bridgend and South Wales.

Since acquiring the former Kimball Electronics plant in 2006, Robert Hitchins has methodically developed Central Park in phases. Earlier developments include a 51,000 sq ft trade counter unit scheme in 2008, a 13,500 sq ft trade counter scheme in 2012, and a 40,000 sq ft facility for PCI Pharma Services in 2017. The addition of these final two phases will bring the total commercial property developed by Robert Hitchins in Bridgend to over 200,000 sq ft.

Mr. Jones highlighted that Central Park currently supports more than 400 jobs, and the new phase will significantly boost the regional and wider economy. The total investment by Robert Hitchins in Central Park will exceed £25 million.

Neil Francis from Knight Frank, acting as the agent for the landlord, praised Robert Hitchins for its strategic timing of investments, particularly in challenging economic climates. He noted that the company’s commitment to self-funding high-quality building developments in Bridgend is a positive development for the occupational market, especially considering the recent increases in building costs and financial market downturns.

Robert Hitchins, based in Boddington, Gloucestershire, is a leading name in property development, investment, and asset management in the Southwest and South Wales, covering the full development process from site acquisition to investment.