Development work begins on new multi-million pound scheme near Bournemouth Airport

Construction work has started on a multimillion-pound commercial property development near Bournemouth Airport, a news report in the local business media has been able to find.

Stoford has secured forward funding from Global Gate Capital for a 160,000 sq ft unit, including 45,000 sq ft of offices and a 115,000 sq ft production unit, on a 10.64-acre site.

Planning was approved by Christchurch Borough Council last year after proposals were submitted by Stoford and land owner MAG Property, the property and development arm of Manchester Airports Group (MAG), which owns and operates Bournemouth Airport.

The forward funding arrangements for the project have been completed alongside the simultaneous acquisition of a nine-acre site from MAG.

Stoford joint managing director Matt Burgin said: "We are excited to unveil the plans for the facility at Aviation Business Park at Bournemouth Airport, in association with MAG Property. The new development will bring a significant amount of investment to the south coast, providing new jobs and more opportunities for the surrounding area."

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