28 November 2016

Enterprise Zone Status for Basing View

Enterprise Zone Status for Basing View makes it even more attractive and more cost-effective to locate in this unique central business district.

From April 2017, approximately half of Basing View will be designated as an Enterprise Zone, providing 100% rates relief of up to £275,000 over a five-year period, for companies that locate there by 31 March 2022.

Launched by central government in 2011, Enterprise Zones promote development, economic growth and job creation, and are defined commercial areas where businesses moving into the Zone benefit from various incentives.

A portion of the business rates generated in the Enterprise Zone for the next 25 years will be retained in the area by the Local Enterprise Partnership (LEP), Enterprise M3, and this will provide an investment fund that will support future economic growth across the Enterprise Zone. The funding will be used to invest in physical infrastructure and place-making projects which ensure the area remains globally competitive, with strong connectivity and world-class businesses and skills.

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Recent news

22 January 2018

Plans for business-class hotel move a step closer

A planning application from Village Hotels, the fast growing hotel group with 29 hotels in the UK, has been submitted to Basingstoke and Deane Borough Council for a 153-bedroom hotel in Basing View. The hotel will offer residents and businesses meeting and events facilities, an all-day restaurant, Starbucks, pub, business club and leisure facilities. If […]

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16 January 2018

Major funding awarded to Basingstoke’s central business district regeneration

The transformation of Basing View, Basingstoke’s central business district, has received a £7.5 million investment boost from the Enterprise M3 Local Enterprise Partnership due to almost half of it having been designated as an Enterprise Zone in April last year. As part of the Basingstoke and Deane Borough Council’s work to revitalise Basing View, the […]

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15 January 2018

Basingstoke Leisure Park transformation moves a step closer

A £300 million plan to transform Basingstoke Leisure Park has moved a step closer after details of how this ground-breaking development will be delivered were agreed. Leisure attractions would almost double under the proposals for the 60 acre park, near the town centre, owned by Basingstoke and Deane Borough Council. This exciting project would create […]

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13 December 2017

Council and Eli Lilly strike deal for firm to move in to new office in Basing View

A GLOBAL pharmaceutical giant is set to relocate to a new grade A office building in Basing View after it secured a deal was struck between the firm and Basingstoke and Deane Borough Council (BDBC). During a cabinet meeting held on Tuesday, 5 December, BDBC council members discussed the proposal for Eli Lilly to move […]

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