Business

£280,000 investment transforms Townsend Enterprise Park

Lord Mayor Ryan Murphy with Townsend Enterprise Park chief executive Margaret Patterson. Picture: Phil Smyth
Lord Mayor Ryan Murphy with Townsend Enterprise Park chief executive Margaret Patterson. Picture: Phil Smyth

TOWNSEND Enterprise Park, a cornerstone of Belfast's business community, has unveiled a £280,000 transformation within its property, which has created an enriched working environment for its 46 tenants.

The extensive refurbishment project has enhanced the workspace functionality, improved accessibility, and catered to the surging demand from new and existing tenants.

Located just off the Westlink and close to Belfast city centre, the enterprise park (www.townsend.co.uk) is home to 46 small-to-medium-sized businesses, which collectively employ more than 300 people.

The park offers flexible workspaces, state-of-the-art meeting facilities, and hosts a diverse range of businesses and charities, from coffee roasters, office fit-out specialists, mechanics, training companies, international design agencies, florists, gyms, and food and product manufacturers.

Founded on principles of social and economic regeneration, it has flourished as a charitable organisation with a mission to stimulate business development and community engagement and upliftment in the local area.

Chief executive Margaret Patterson McMahon, who welcomed a number of dignitaries to a formal opening (they included Belfast lord mayor Ryan Murphy and members of Townsend's board of trustees), said: “This has been made possible through re-investment from us and that of Community Finance Ireland, who have supported us financially contributing £130,000.

“Our growth is a reflection of the tenacious spirit of Belfast's thriving business community, which has deep roots on this site for almost 300 years. We're not just about profit; we're about purpose, and our success is a testament to that.”

Lord mayor Murphy said: “It’s an honour to be invited to unveil this significant development at Townsend Enterprise Park, which will continue to bolster and nurture local businesses, and provide vital employment in the community.

“As a Council and within the Belfast Agenda, we are committed to supporting an additional 44,000 jobs by 2035, and Townsend Enterprise Park is a prime example of this aim.”

In addition to the workspace upgrade, Townsend Enterprise Park has ambitious plans for a Foundry Quarter heritage initiative, featuring an exhibition situated on the 'peace line.'

This initiative aims to celebrate and educate visitors about the area's rich industrial, social, and cultural heritage, with the goal of bolstering economic activity, tourism, and civic pride in the region.