Business

£150,000 upgrade for Townsend Enterprise Park

Ryan Dougan from Dougan Contracts is pictured with Margaret Patterson McMahon alongside Peter Darragh from Townsend Enterprise Park
Ryan Dougan from Dougan Contracts is pictured with Margaret Patterson McMahon alongside Peter Darragh from Townsend Enterprise Park

TOWNSEND Enterprise Park has appointed fit-out contractor Dougan Contracts to undertake a £150,000 upgrade and expansion programme to accommodate growing demand among new and existing tenants.

The work will include a complete refurbishment of the Townsend reception and office building, improving disability access and modernising the entire entrance area.

There will also be additional office space created to meet demand from new and existing tenants.

The aim of Townsend Enterprise Park (www.townsend.co.uk) is to stimulate social and economic regeneration, and the a charitable organisation is home to 46 small-to-medium sized businesses, employing over 300 people in flexible workspaces.

Businesses located there include two coffee roasting companies, an office fit-out business, an international design agency, florist, gym as well as food and product manufacturers.

Steeped in history and located on a site of huge historical and economic significance, Townsend Enterprise Park, has been a thriving hub of industry for over 35 years.

Chief executive Margaret Patterson McMahon said: “While the last few years have been extremely challenging for us all, we have found demand for both our industrial units and office space extremely strong.

“In fact, in the midst of the pandemic, we celebrated a 100 per cent occupancy rate for the first time in our trading history, and we maintained that high level through to today.

“We have a different ethos based on encouraging the development of business, while stimulating social and economic regeneration, which I feel is why the enterprise park has flourished and continued to grow. The park is a charity, and while it is profit-making, it is not profit-taking.

“The growth is also testament to the hard work and tenaciousness nature of the thriving Belfast business community – something which has been evident on this very site for almost 300 years.

Margaret added: “We felt the time was now right to give back to our tenants who supported us over the past few years, the end results will mean that we can offer a more modern office space in a competitive market.

“The project will be complete this spring and has been funded through partly by the organisation itself and with the support of Community Finance Ireland who have provided a loan and we look forward to working with our appointed contractors, Dougan, to see the finished result.”