MORE than 4,000 new jobs could be created as part of plans to build a new logistics and manufacturing park at Teesside International Airport.
The development, which would be built on the 270-acres of land on the southside of the airport, will see 3.4 million square feet of logistic, manufacturing and commercial space being built.
The office of the Tees Valley Mayor says this would provide opportunities for more than £200m of inward investment and the creation of 4,400 jobs.
Previous master-planning for the land identified the opportunity to develop it as a major business park, providing inward investment opportunities for aviation and non-aviation related businesses.
This proposal is to enable the upfront infrastructure to be constructed and enter into a joint venture partnership with the private sector to bring forward the development.
Mayor Ben Houchen’s deal to buy Teesside International Airport included 817 acres of land which presented significant opportunities for property development and the creation of new jobs.
The southside land, comprising 270 acres and running parallel to the runway, is by far the largest area for potential development.
If the local authority leaders give the green light for the plans on Friday, an initial £23.6m investment will be made in the airport to deliver the infrastructure and road required to unlock the land for the new development.
Mayor Houchen said: “I’ve always said our airport isn’t just about flights to the Costa del Sol.
“The airport is a major economic driver and job creator.
“Since bringing our airport back into public ownership and saving it from closure, a number of businesses have already approached us wanting to set up at the airport.
“If approved, the funding will allow us to unlock the southside of the airport – a space which has huge potential for businesses of all sectors, not just aviation, and the creation of 4,400 good quality, well paid, high skilled jobs.
“Since January we’ve taken back control of our airport, appointed a brilliant new operator, brought back the Teesside International brand, seen the return of holiday flights for the first time in five years, the first flights to Spain in seven years, and the best KLM flight numbers to Amsterdam for 14 years.
“Getting the ball rolling on the southside development on Friday will be the perfect end to a brilliant year for our airport.
“We are making great progress on our ten-year rescue plan and we can look forward to many more exciting opportunities in 2020.”
Peter Gibson, Darlington MP, welcomned the news and said: “The continued investment in Teesside Airport and the supporting surrounding business park are key to our regional economy. Bringing more investment to our area is great news for the people of Darlington who will have greater job opportunities as a result”
Jacob Young, the new MP for Redcar, said the plans were 'great news for the people of Redcar and the whole Tees Valley'.
He added: "Having a thriving airport so close is absolutely essential if we're going to redevelop the former SSI site and create thousands of jobs there.
"Without it potential investors would be forced to land in Manchester or London, putting us at a disadvantage."
Mayor Houchen’s ten-year plan includes commitments to increase passenger numbers to 1.4million, secure a low-cost carrier by 2022, and drive the creation of thousands of new jobs.
During its heydey in the mid-2000s, the airport carried hundreds of thousands of passengers each year, hitting a high of 917,963 back in 2006. But just over a decade later, in 2017, those passenger numbers had dwindled to just 130,911.
In December last year Mayor Houchen announced his £40m buyout of the airport.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel