New Fife Council business units at Queensway Technology and Business Park in Glenrothes are due to be completed this month
The construction of new business units on Queensway Technology and Business Park, Glenrothes, which started in March, is nearing completion.
The project has been delivered by Fife Council, with support from the Fife Task Force as part of a £6 million package of funding support from the Scottish Government.
Located next to the main trunk road network and near Glenrothes town centre, the finished project will offer a cluster of new small business units for rent on a site at Flemington Road.
The development is made up of seven units in total, along with an associated access road, car parking and landscaping. The units range in size from 98 sqm to 130 sqm, providing in total 784 sqm of new business space to help meet the demand within the local market for modern, fit for purpose business accommodation in this key location.
Fife Council says this marks a significant milestone in its long-term commitment to the regeneration of the Queensway. Following on from the Council’s investment in site acquisition and demolitions, the business units are the first significant new business development in the area for a number of years and “demonstrate that regeneration is fully underway, acting as a catalyst for future investment and development.”
Cllr Altany Craik, Convener – Economy, Tourism, Strategic Planning & Transportation Committee, Fife Council, said: “This offers a great opportunity for smaller, local businesses to locate in modern purpose-built premises. Units like these are so important to the local economy, and local jobs.
“There is a lot happening at Queensway, and Fife Council’s regeneration efforts here have been speeded-up by Fife Task Force support. This project has been completed on-time and on-budget. Further work to clear empty run-down properties in the area to make way for new development is also underway.
“Queensway is one of Central Fife’s best-located employment locations and I’m sure that these new properties will prove popular with businesses.”
Fife Councillor Fiona Grant, Chair of Glenrothes Area Committee, said: “Glenrothes is continually evolving and adapting to industry demands, and this is just one of the many projects underway as part of for the wider regeneration of the Queensway Technology and Business Park, and the town centre area.
“Glenrothes can help Fife realise its full potential by supporting the growth of existing local businesses and helping attract new ones. The new units, each designed to high standards, will offer a home for a range of businesses and satisfy the known demand for these types of premises These new units are an exciting addition to our ambitious plan for the regeneration of Queensway Technology and Business Park.”
The building is due for completion in December, and will be managed by Fife Council.