Broxbourne Enterprise Centre
Building work due to start next month
Work is due to start next month on an ambitious enterprise centre in Hoddesdon which is set to create 300 jobs, support 120 businesses and inject £20m into the local economy.
Broxbourne Borough Council appointed Hitchin-based Ashe Construction to undertake the building work at the site in Pindar Road in February with the aim of it opening this Autumn.
Hertfordshire LEP invested £1.8m from its Growth Deal into the the £4.6m project, which is co-funded by Broxbourne Borough Council, to provide 20,000 square feet of modern flexible serviced business space.
The Centre will focus on the needs of start-up businesses and those existing businesses seeking to grow with the provision of quality accommodation with easy-in, easy-out terms. Other benefits include on-site management, serviced meeting rooms, high speed internet access, free parking and business support.
Hertfordshire LEP Board Chairman John Gourd said: "I am delighted that building work is due to start on this centre which we believe will encourage innovation, business expansion and have a positive knock-on effect on skills and employment in the vital A10/M11 Growth Area corridor .”