Contractor Kier Construction has been appointed by Highlands and Islands Enterprise (HIE) to build new premises which will provide flexible space for inward investors and business growth.
HIE Chairman Professor Lorne Crerar and Chief Executive Alex Paterson cut the first turf at the site at Sandbank Business Park.
Work is underway on the site and construction of the 724m2 facility should be complete by early summer 2015.
HIE’s investment in the new facility will provide flexible office accommodation for a range of businesses. The £1.9 million project includes funding of £785,705 through the European Regional Development Fund (ERDF).
Douglas Cowan, HIE’s Area Manager for Argyll and the Islands, said: “We know that a major factor in attracting new investment and supporting the growth of our existing businesses is the availability of high quality, flexible space. The original Sandbank Industrial Estate is almost fully occupied and the new Business Park offers an excellent business location option. Facilities such as this are vital for the future growth of Dunoon and the wider Cowal area.”
Managing director of Kier Construction's Scotland & north-east England business, Brian McQuade, said: “We are delighted to be working together with HIE to provide flexible and modern advance business units for growing companies in Argyll and Bute at the Sandbank Business Park in Dunoon.
"Throughout this exciting project, we look forward to working successfully in partnership with the local community and providing opportunities for suppliers and subcontractors based in the area.”
In addition to this build, HIE is currently developing a masterplan to identify and structure future development at the Business Park, including 5.9 acres of development land and wider improvements to the Industrial Estate.