Innovations Into Success Summer 2016 | Page 194

Silverstone Park

Location Silverstone Park Innovation Centre Silverstone Circuit Towcester NN12 8GX
Contact Details Contact : Roz Bird , Commercial Director Tel : 01327 856000 Email : rbird @ mepc . com Website : www . silverstone-park . com Twitter : @ SilverstonePark
Companies at Silverstone Park are at the cutting edge of engineering , design and manufacturing
Introduction Silverstone Park is the business estate adjacent to the iconic British Formula 1 Grand Prix circuit at Silverstone . At the heart of the estate are companies specialising in high performance technology and motor sport ( HPTM ), innovation , engineering and business development . The estate ’ s central location also makes it highly desirable among the HPTM cluster : the M1 and M40 motorways and train stations on the East , West and Midland main lines are all in close proximity ; similarly international airports London Heathrow , Luton and Stansted as well as Birmingham and East Midlands are little more than an hour ’ s drive away while several local airfields and a helipad add to the ease of accessibility . Buckingham , Milton Keynes , Northampton and Oxford all form part of its immediate catchment area .
Partners Silverstone Park is managed by MEPC , reporting to Hermes Real Estate Investment Management , funded by the BT Pension Scheme . MEPC works in partnership with Silverstone Circuits Ltd ( SCL ).
Current Occupiers Silverstone Park is a hive of activity for companies in the high performance precision engineering , innovation , design , manufacturing , research and technology industries . The vast majority of the 70 companies for whom the estate is currently home play an integral part in the success of many leading names in the automotive , aerospace , consumer , marine , defence , medical equipment and motorsport and motorcycle racing sectors . Adding diversity are companies specialising in IT , recruitment , sports management , marketing and PR .
History & Objectives Having hosted the British Formula Grand Prix since 1948 , Silverstone is an iconic brand with an illustrious history . In addition its world famous circuit , regarded as the home of British motor sport , hosts many other major international and national racing events including the World
Endurance Championship , British Superbikes , British Touring Cars and the world ’ s biggest classic motorsport event , the Silverstone Classic .
In September 2013 , Silverstone Park – on land right next to the circuit – was acquired by MEPC which has committed to a 999- year leasehold of the estate . This focuses on 130 acres of land with planning consent .
For any company the buzz associated with being based right next to one of the world ’ s most famous motor sporting venues is clear .
Currently on site there are 70 occupiers employing more than 500 people in over 200,000sq ft of let accommodation . They include a full range of facilities from small flexible office space in the Silverstone Park Innovation Centre to workshops , storage units and hybrid buildings .
Ultimately , MEPC ’ s vision is to create a leading global destination for HPTM , innovation , engineering and business development . By 2030 it envisages the number of businesses on site will have increased to more than 250 with over 8000 jobs being created .
Progress to date The current Master Plan has been reviewed to enhance the arrival experience and maximise flexibility across the development sites . Given Silverstone ’ s legendary status and MEPC ’ s experience and expertise in property development , the brand proposition for Silverstone Park is being developed to reflect the iconic and global nature of the brand . Progress to date includes :
• Attracting Government support for the ‘ Silverstone Technology Cluster ’ – unearthed by an MEPC-commissioned report with key aims of encouraging private investment for region ’ s high-tech activity
• Creation of a metrology facility for HPTM companies on site and within the surrounding Silverstone Technology Cluster ( in collaboration with Hexagon Manufacturing Intelligence )
192 UKSPA Directory 2016 / 17 Full Member • England