News Article

Maxim all in place by 2010

20/12/2007

Commercial Property Scotland

A £330 million central belt development is scheduled for completion within 27 months. Located on the A8/M8 at Eurocentral’s former Chunghwa site in Lanarkshire, the 756,000 sq ft Maxim claims to be Scotland’s largest ever speculative business park. 

Chief executive Karen Campbell said:

“Building the office complex and preparing associated landscaping at the same time, means that businesses we attract will not be faced with construction disruptions and other associated problems. Everything will be in place by March 2010. We are already talking to potential tenants who will receive attractive financial packages.” 

The first office building is due for completion in December 2008, with all ten scheduled for completion in March 2010. The privately funded project was coordinated by Tritax and senior debt was provided by the Bank of Scotland. 

MAXIM FACTBOX • Ten high quality office buildings • 756,000 sq ft of business space • Some 450 to 500 jobs during the construction phase • Potentially 7,000 jobs when fully occupied • 'World class' landscape environment and facilities  Tritax purchased the former Chunghwa site in 2003. Director Ian Ross said he had always felt there was “huge potential” to transform the redundant single user site to a mixed use business park. 

“We have been listening to the views of prospective occupiers who have said that while the financial incentive packages – which arise from the status of Eurocentral as a former Enterprise Zone – are highly competitive, they wanted to move to a development which offers an attractive environment.  “The fact that work has already started on all the infrastructure, landscaping and ancillary facilities – when this might usually take a decade or more – means Maxim will deliver on all accounts and create a platform for significant job creation in the area.” 

Letting agent Phil Reid of CBRE said the intention was to create a ‘best in class’ working environment where occupiers enjoy all of the benefits of an out of town location, but are also part of a vibrant commercial community.