SWT delivers economic boost for Minehead
09 March 2021 : Council news, Business
Somerset West and Taunton Council has delivered two new commercial units in Minehead.
The light industrial units on land off Seaward Way, now officially known as Rainbow Way, are the first commercial project delivered by SWT in line with its corporate priority to encourage economic growth, attract inward investment, and ensure the provision of adequate and affordable employment land to meet different business needs.
Unit One has provided a new home for Snazaroo, a major employer in the town, and Unit Two has been let to national company, Toolstation.
The SWT project benefitted from Homes England grant funding of £969,000.
The grant from the Homes England Local Authority Accelerated Construction funding programme was awarded towards the costs of infrastructure and specific types of construction that enable delivery of housing.
Completion of the industrial units has freed up affordable employment space in Minehead town centre, and the common infrastructure works have paved the way for a social housing scheme for 50 houses and apartments for social rent.
Construction of the first SWT homes in Minehead for over 30 years is due to start this year, subject to full planning approval, in line with the council’s housing and communities pledge to increase the number of affordable and social homes in our urban towns, rural and coastal communities.
Cllr Marcus Kravis, Executive Member for Assets said: “I am delighted that we have been able to commence and complete construction of these much needed units in Minehead within 12 calendar months which allowing for slow down due to COVID-19, is remarkable.
“I would like to thank our construction partners Devon Contractors for their superb work on this project which will benefit the local economy in West Somerset.”