CONSTRUCTION work is underway on a £4.5 million project to help attract high-profile businesses to Ravenscraig.
The investment will prepare a new development for employers, called SevenFourEight Ravenscraig. With ‘significant’ commercial enquiries being received, the new employment land has been tipped to enhance economic opportunities in the region and provide attractive options to businesses looking to locate there.
Work has started to build an access road, aided in part by funding from the Scottish Government and North Lanarkshire Council. VHE Construction is carrying out the civil engineering aspect of the project with GTC delivering utilities.
Ravenscraig has undergone major regeneration in the last decade, with 1,000 homes built as well as a regional sports facility, brand new college campus and a pub restaurant and hotel.
A recent ceremony marked the continuation of construction works and was attended by Scottish Government finance secretary Kate Forbes MSP; depute leader of North Lanarkshire Council councillor Paul Kelly; CEO of North Lanarkshire Council Des Murray; and senior representatives of the Ravenscraig Joint Venture Board which includes Wilson Bowden, Scottish Enterprise and Tata Steel.
Kate Forbes MSP said, “I am very pleased to see such impressive progress on this transformative project. The past two years have seen considerable challenges and this development shows the skill and resilience of all those involved. The Ravenscraig site is one of great importance and it is fantastic to see it being transformed from the derelict land that it had become following the closure of the steelworks to this thriving new community.”
Nick Davies, director of Ravenscraig Ltd, added, “The delivery of this access road represents a major milestone in the regeneration of Ravenscraig and will contribute towards Scotland’s economic recovery. We expect to welcome a host of organisations to this new site over the coming years, with Ravenscraig becoming an increasingly attractive option to forward-looking businesses. We’re grateful to the support received from the Scottish Government and North Lanarkshire Council, who both recognise the potential of Ravenscraig as a place to work, live and play.”