A £100 million plus investment plan led by Braintree District Council for the benefit of residents and businesses in the district has been announced. Council leader Cllr Graham Butland made the announcement to an audience of the district’s businesses and partners at an event at Braintree Town Hall on Wednesday 28th November 2018.

During the event it was revealed that Braintree District Council has now exchanged contracts to buy a 65-acre site in Great Notley which will be the location for a brand new business and innovation park called Horizon 120.

“We’re investing in what matters to our residents: health and homes, journeys and jobs. This investment has a double benefit for residents – once by the investment itself and secondly by the return on investment. It also means that we are playing our part in preparing for our growing district making sure that we have the right foundations in place to support that growth.”

Cllr Graham Butland
Leader of the Council
Braintree District Council

Horizon 120

The council’s vision for Horizon 120 is to create an exemplar business community attractive to a number of sectors including professional services companies, research, digital and development sectors and advanced manufacturing. The site is likely to be of particular interest to companies working with London Stansted Airport.

“The level of interest in the site has exceeded even the highest of our expectations. We are attracting businesses from outside the district to invest in Braintree and we have big ambitions for this site. We want it to become the place to do business in the region. It’ll be modern and reflect the changing face of business and it’ll be future-proof hence the name Horizon 120.”

Cllr Tom Cunningham
Cabinet Member for Economic Development
Braintree District Council

The project team has already had a whole host of prestigious names enquiring about being part of this new park and the council predicts that the site could create up to 2,000 jobs.

“Our vision for Horizon 120 is of a real business community where employees can have a drink, drop children off at childcare and enjoy a lunchtime run in the beautiful Great Notley Country Park. We want more jobs and opportunities for everyone who lives and works in our district. Horizon 120 will mean that residents have better access to skilled jobs in a great setting close to home.”

Cllr Tom Cunningham
Cabinet Member for Economic Development
Braintree District Council

Horizon 120 aerial

See our site opportunities page for more info about Horizon 120: Site opportunities

New “grow-on” units

The announcement also comes as one of the council’s investments has been completed successfully. Four up-and-coming businesses are set to expand further after Braintree District Council invested £1 million in new “grow-on” units, addressing a challenge identified by businesses wanting to expand but not being able to find appropriate sized units privately in the district.

Building work on the industrial units at Braintree Enterprise Centre at Springwood Drive in Braintree started in January 2018 and was completed in September. A 40-space car park has also been built to provide more parking for the conferencing facilities at the Braintree Enterprise Centre, which can be hired by businesses across the region. The units have been described as a “lifeline” by businesses ready to use them.

Businesses moving in include Kemtron Limited which manufactures electromagnetic interference shielding components and MDG Limited a specialist sub-contractor in the construction industry.

“It will give us a new blank canvas – a new space to show off what we do and what we can offer clients and it give us a good opportunity to grow our business.”

Simon Giles
Construction Director
MDG Limited

Horizon 120 map

For more information, visit Braintree District Council’s website here: https://www.braintree.gov.uk/

[Source: Braintree District Council]