Subscribe to our Construction Newsfeed
Scotland Construction Directory
Search our 14,699 companies....

Construction News

18/09/2009

HIE Confirms Funding For Inverness Campus

Construction News Image
Plans for a multi-million pound education and business park which could accommodate thousands of high quality jobs in Inverness have taken a major step forward.

The Board of Highlands and Islands Enterprise (HIE) has agreed to invest up to £25m to open up the 120-acre Inverness Campus site at Beechwood Farm, which is bordered by the A9 and A96, a mile and a half east of the city centre.

HIE acquired Beechwood Farm earlier this year, and has already invested or committed £5.4m to buy the land and develop a masterplan in consultation with a range of potential partners and stakeholders.

Funding approved by the HIE Board will be earmarked for site servicing works over the next five years, creating access to transport links and essential services such as water and electricity, as well as attractive landscaping.

The development agency believes Beechwood has the capacity to become a 21st century campus for academic institutions including UHI Millennium Institute (UHI), Inverness College and the Scottish Agricultural College, as well as an outstandingly attractive location for a range of businesses and other organisations.
-- Advertisement --
NorthernAsbestosServicesLtd



HIE envisages that the site will be a premier business location for foreign investment in Scotland when fully developed. It has the capacity to support up to 6,000 jobs by 2030, attract investment of around £300 million, and generate more than £38m for the regional economy every year.

Development of a world-class campus for UHI is also seen as critical in addressing the Highlands and Islands’ current shortage of young people. A recent HIE survey confirmed that the region has around 18,000 fewer 18-30 year-olds when compared with the age profile of Scotland’s population.

Many of the young people surveyed cited the lack of further and higher education opportunities as a key factor in their decision to live outwith the region.

The Board considered a broad range of alternative options at its meeting on Wednesday 16 September, from sanctioning over £43m by preparing the entire site for development at this stage to deferring development of any kind.

The preferred choice won through for its ability to balance the Board's ambitious vision for a high quality campus in the Highland capital with its commitment to support businesses and social enterprises of growth across the Highlands and Islands, and to respond to the specific needs of the region's fragile areas.

The organisation's Chair, William Roe, says the campus development is one of a number of 'transformational projects' HIE is delivering to help the Highlands and Islands achieve sustainable economic growth following the recession.

"Inverness Campus is the biggest project that HIE has ever undertaken," said Mr Roe.

"It's not just a big investment for us. It stands to attract many millions from other sources over the next 20 years, and to have a huge economic impact on the city and the wider region."

(GK/BMcc)

Latest Construction News

15/04/2025
Construction of a £70 million student accommodation development at 292-298 St Vincent Street in Glasgow has reached a significant milestone, with the building now visibly rising from the ground. Drone footage has captured the progress of the project, which is a partnership between developer Artisa
15/04/2025
Energy regulator Ofgem is expected to confirm today (April 15) its finalised Connections Reform process, designed to expedite grid connections for renewable energy projects that are ready and crucial for achieving the UK's clean power targets for 2030 and beyond. The new connections system, anticip
15/04/2025
The ambitious transformation of Glasgow’s landmark George Square has moved into a tangible phase with the commencement of the erection of hoardings around the perimeter of the civic space. Starting today, the hoardings will enclose the Square for the duration of its 18-month redevelopment. The pane
15/04/2025
Members of the public are invited to attend a consultation feedback event to discuss the proposed infrastructure associated with a new underground electricity transmission cable between the Kinardochy and Errochty substations in Perthshire. The event will take place on Monday, 28 April, from 4 pm t
15/04/2025
Turner & Townsend have been appointed as project managers to develop a business case for the potential extension of the Borders Railway beyond its current terminus at Tweedbank to Hawick and Carlisle. This key appointment will enable crucial work to progress on the project, including feasibility s
15/04/2025
Arran Community Renewables, a Community Benefit Society based on the Isle of Arran, has secured planning consent for a 6 MW solar farm. The Glenkiln Solar Farm, located approximately 1km west of Lamlash, is projected to generate 5,600MWh of clean renewable energy annually from 2027. The £5 million
15/04/2025
A new Route Map has been published by the Scottish Land Commission (SLC) to ensure communities across Scotland secure tangible and long-lasting benefits from nature restoration projects and investment in the country's natural environment. The practical guide is designed for landowners, developers,
15/04/2025
Award-winning principal contractor Procast Group has further expanded its presence across Scotland with the opening of a new base in Dumfries. The Hamilton-based firm has invested £30,000 in a new warehouse and office facility in the Maxwelltown Industrial Estate in Dumfries and Galloway, marking it
14/04/2025
Glasgow City Council's Affordable Housing Supply Programme (AHSP) facilitated the completion of over 1,000 new affordable homes in the city during the past year, despite facing budgetary reductions at the start of the financial year. The initial grant of £78.687 million from the Scottish Government
14/04/2025
A key phase of Scottish Water's £11.5 million project to upgrade a strategic rising sewer main connecting Renfrew and Glasgow is set to begin, resulting in a significant road closure. From Monday, 28 April 2025, Ferry Road in Renfrew will be closed to all vehicular traffic for a period of four mont
RBT Underfloor LimitedMorris & Spottiswood LtdM&C McLean LtdStoneCleanScotland.co.ukDunedin Stone LtdSEEIT3DLogical Insulation Solutions LimitedDenfind Stone LimitedGrampian Steel Buildings LtdMcPhee&Sons