Work starts at Prime Four

Work starts at Prime Four

Construction work and a multi-million pound road improvement programme has begun on phase 1 of the Prime Four business park at Kingswells.

This first phase comprises 350,000 sq ft of state-of-the-art office complexes and global training facilities for oil and gas majors Apache North Sea Limited and Nexen Petroleum UK Ltd and leading offshore drilling contractor Transocean Drilling UK Limited.

Work is expected to be completed by September 2013. Economic consultants have estimated that Phase 1 alone, when fully operational, will sustain around 1,200 jobs and be worth £300 million a year to the local economy.

Developer Drum Property Group is investing over £100 million in creating the first phase and has planned Prime Four as a world class business park, the first of its type in Aberdeen. The buildings will provide sustainable, high quality office accommodation in attractive, properly planned and landscaped settings.

Drum is also committed to enhancing access to the area, and is funding a £6 million major local road improvement programme as part of the development. The company is also contributing just over £1million to the local area Strategic Transport Fund.

This programme will see the widening of the A944 east and westbound with additional dedicated Prime Four lanes and the existing Kingswells roundabout realigned prior to completion of Phase 1. This work began in earnest yesterday and will last for a period of nine months. A 30mph speed limit will be in place approaching the Kingswells roundabout from both directions for this period. Existing lanes on the A944 will be reduced in width but will remain open.

The northbound Cults to Kingswells road will be closed from 6 August to northbound traffic, other than access only, for up to 15 weeks. This will be signposted at the Blacktop junction and diversion routes will be in place. Southbound access from the Kingswells roundabout on the A944 towards Cults will remain.

Drum Director Graeme Bone commented: “Now that construction of Phase 1 has started we believe this will act as a catalyst to attract additional significant investment at the park and underline the long term future of the UK North Sea as a major oil and gas producing province.  

“A project of this size and significance inevitably requires major road improvements to be carried out to ensure efficient traffic flow generally in the longer term as well as safe access to the park when it becomes fully operational. We are committed to completing the improvements as quickly as possible to minimise disruption.         

“Prime Four is different from any other business park in Scotland and is highly attractive as a business location for major multinational concerns. There is no doubting its long term potential to generate many billions of pounds of economic activity for Aberdeen and anchor thousands of jobs in the city for years to come.

“We have worked closely with the City Council since day one of this project and have been delighted with the support, advice and encouragement we have received from Councillors and officials.”

Future phases of the development will include a four star hotel, a leisure club, a nursery, retail outlets and services, and a further several hundred thousand sq ft of office accommodation.

 

26/07/2012

Sales & Letting

Ryden, Arron Finnie

T: 01224 588866

E: arron.finnie@ryden.co.uk

FG Burnett, Jonathan Nesbit

T: 01224 597531

E: jn@fgburnett.co.uk