New business park could support up to 2,000 jobs when complete
Around 54-acres of land next to Aberdeen Airport is being developed by commercial property firm Ribnort with airport owner BAA plus property agencies Ryden and FG Burnett also involved.
The first phase of offices are due to be finished by next summer with the site - called ABZ - eventually offering 750,000 square feet of industrial and office space.
It is predicted more than 2,000 people could work at the business park when it is completed towards the end of the decade.
The first phase of the development, to deliver office units, is expected to complete by the summer of 2012.
Overall investment, valued at more than s100 million, will deliver more than 750,000 square feet of commercial, industrial units and offices.
George Stevenson, director of Ribnort, said: "Commercial development land, including high standard office and industrial accommodation, is in desperately short supply in Aberdeen, particularly in the north of the city, which is the main driver of ABZ.
"ABZ is moving forward rapidly and we look forward to commencing infrastructure works at an early date,with the aim of having units ready for occupation from summer 2012.
"Attracting new and retaining existing major business headquarters in the north-east is vital to the economy and, with a huge shortfall in developable land it is our hope that this proposal will help to maintain the city's vital position in the wider Scottish economy by providing capacity for inward investment from the energy sector and beyond.
"The site, which comprises the land between Dyce Drive, Aberdeen Airport and Wellheads Drive, is in an absolutely ideal position in terms of its location adjacent to theA96 and the future Aberdeen Western Peripheral Route.
"It will also fit into the Energetica corridor being proposed by Acsef and its partners, helping to further strengthen the north-east and Aberdeen as a key business destination for major multinationals, UK plc and smaller, Scottish operations."
Airport managing director, Derek Provan, added: "I am delighted that after a number of years in the planning, Ribnort and Aberdeen Airport have been able to deliver a robust development plan for this site, which offers growth to the airport in line with our 25 year master plan and strengthening economic growth for the region."
Ribnort believes the development will prove the catalyst for major road improvements for Dyce Drive, the main road link between Aberdeen Airport and the A96 Inverness road.
The inclusion of hotel development land at ABZ in addition to commercial space is intended to support the ongoing growth of Aberdeen Airport, including a forthcoming runway extension.
A four star hotel development is also planned for the site, though it has yet to attract an anchor operator.
Stevenson added: "Securing afour-star hotel at ABZ will further boost the region's reputation as a tourism destination, with the provision of high standard accommodation close to the airport terminals key in many travellers' plans.
"The need for efficient, speedy travel links is also a focus as we plan the development of ABZ, with investment in improvements to Dyce Drive and its junctions with both Wellheads Road and the A96 Aberdeen to Inverness trunk road.
"Delivered alongside the much-needed Aberdeen Western Peripheral Route (AWPR), these will help to significantly reduce congestion on Dyce Drive, improving travel times for those travelling from both the Kirkhill and Wellheads industrial estates."