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.« Back to news
Work has started on a new headquarters for a major Basingstoke employer, thanks to funding from the Enterprise M3 Local Enterprise Partnership and support through the borough council’s Invest to Grow Fund. One of the largest international pharmaceutical companies, Eli Lilly and Company, will move into a new 45,000 sq ft headquarters at Basing View […]Read more »
Basingstoke and Deane has been recognised as a great place to do business, being named as one of the top office locations outside London, and the fourth best in the South East. The league table of workplace winners, published in Property Week, puts the borough ahead of locations such as of Guildford, Wokingham and Winchester. […]Read more »
Strong demand and limited supply is driving plans for the development of new Grade A office space in Basingstoke. Last year, office lettings in the town totalled 260,000 sq ft with almost 50% of these on Basing View, the town’s 65-acre central business district. Significant deals included the 45,000 sq ft pre let to Eli […]Read more »
People are being asked for their views on plans to ensure the borough’s economy remains resilient for years to come. A consultation on the draft Economic Growth Strategy is now open for people to give their feedback. The strategy has been prepared by Basingstoke and Deane Borough Council after working with local partners, businesses and […]Read more »