Precision engineering firm Renishaw intends to submit plans to redevelop a 77 hectare site in south Wales as part of a business expansion that is set to create hundreds of local jobs.
Renishaw plans to develop 19 hectares at the site in Miskin near Cardiff for its own needs and put the remaining 58 hectares up for sale to back the company’s further expansion on its existing land. The development will include a 1 million sq ft warehouse and a new business park.
Initial proposals were formed in consultation with the Welsh government, the Vale of Glamorgan Council, regional planning authorities, the Environment Agency for Wales and the Countryside Council for Wales. The site was designated a strategic employment site by the Vale of Glamorgan Council in 2012.
Renishaw hopes that the redevlopment could attract firms in the manufacturing, research and development, engineering and logistics sectors as well as their supply chains and new office developments. The site offers direct access to the M4 from junction 34.
Renishaw bought the existing 461,000 sq ft facility on the site and surrounding land in September 2011. It recently refurbished a 68,500 sq ft area where it started manufacturing in May this year, and Renishaw has plans to build an extra 400,000 sq ft for manufacturing and research and development facilities.
Barton Willmore has been appointed as design consultant and is working with BWB Consulting and Cresswells to prepared an outline plan for the area.
Barton Willmore associate Joanne Russell said the site “has huge potential”. She added: “Renishaw has already made a major commitment to South Wales and this proposed development could create many hundreds of jobs for local people, both in construction and the resulting new business ventures.”
Renishaw hopes that the relations it has formed with local educational centres will encourage more research and development programmes and attract more businesses and investment into the area. It has forged links with Cardiff University, Swansea University, Bridgend College and the University of Wales, Newport.