Basing View is a 65-acre business park situated in the heart of Basingstoke, a short walk from the railway station and town centre.
A programme of major redevelopment is transforming Basing View and opening up a wide choice of business space options for companies of all sizes.
One of the best connected and affordable business destinations in the south east, Basing View delivers an attractive combination of convenience, excellent road and rail links, a great working environment and access to a highly skilled workforce.
As the freeholder, the council is playing a key role in helping promote and stimulate new investment in the area and is committed to investing long term in Basing View.
The redevelopment programme is being brought forward through a close partnership between the council and its development partner, national urban regeneration specialists, Muse Developments. It includes plans to develop in excess of 700,000 square feet on various council-owned land parcels within Basing View amounting to over 15 acres.
Basing View is a first class destination for businesses, with a mix of new, planned and refurbished office space, a new business class hotel, a wide range of amenities and the convenience of a town centre location. Around 4,500 people currently work at the park and it is envisaged that the regeneration project has the potential to double the number over the next 15 years.
Basing View is currently home to more than 180 businesses and a number of new Grade A offices are planned or under development to meet current and future demand in the Thames Valley and M3 corridor.
For more information on Basing View, see below and visit www.basingview.co.uk, or follow @BasingView on twitter.
New office developments
Construction of a new 45,000 sq ft headquarters building for international pharmaceutical business Eli Lilly and Company reached its highest point in March and is due to complete later this year.
Morgan Sindall Construction was appointed by Muse Developments as the main contractor for the scheme, which will include a retail unit on the ground floor and adjacent multi-storey car park. The development will be owned by the borough council and has been jointly funded by the council, the Enterprise M3 Local Enterprise Partnership and the Invest to Grow Fund.
A new Grade A office pre-let opportunity, called Benchmark and adjacent to the new Lilly building, has been granted planning permission and launched by the council and Muse Developments. The five-storey building, with roof terrace, could be available for occupation in mid 2021. For more details go to www.benchmarkbasingstoke.com
Plans have also been submitted for a further 45,000 sq ft office development at one of the main access routes to Basing View. The Neon building will replace the outdated Norden House, which was purchased by the council for redevelopment in 2018, with funding from the Enterprise M3 LEP.
Designed by international architects BDP, Neon will deliver high quality, energy efficient and flexible office space to meet BREEAM Excellent and EPC A standards. To encourage sustainable travel to work, it will be equipped with showers, changing and drying facilities and the adjacent three-storey car park will have electric charging points and 57 cycle spaces. For more information on Neon, which is being marketed for pre-let, go to www.neonbasingstoke.co.uk
The new 60,000 sq ft Grade A Florence Building has been let to Sovereign Housing Association. Sovereign is one of the largest housing associations in the country and the Florence Building will become the new Central Services hub for the organisation.
Refurbishments of existing office space
A number of existing office schemes at Basing View are also undergoing significant refurbishment.
At Quantum House, an extensive programme of refurbishment is underway, including the construction of a new reception and business lounge area. The 38,000 sq ft building was purchased by Arena Business Centres in 2019 for its second business centre on Basing View and is scheduled to open this summer.
Planning consent has been granted for a comprehensive refurbishment of Mountbatten House, an iconic 154,000 sq ft Grade II office building, best known for its extensive roof gardens.
Squarestone Growth purchased a long leasehold interest in the five-storey building in 2019 and appointed architects Feilden Clegg Bradley Studios to undertake the restoration project. The investment will provide further Grade A office space that businesses require now and in the future as part of the ongoing regeneration of Basing View.
A £3.5 million refurbishment of Matrix House has resulted in a number of new lettings at the 95,000 sq ft office building and refurbishment work is also underway at Southern Cross on Lower Basing View following the letting of the 35,000 sq ft building.
A new Village Hotel opened at Basing View in early 2020, bringing new amenities to the park. The 153-bedroom hotel has a gym, swimming pool, sauna and steam room, a group cycle studio with Les Mills workouts and more than 400 fitness classes a month. There is also a Village Bar and Grill providing all-day dining, an on-site Starbucks coffee shop, conference facilities and co-working space.
Village Hotels agreed a 250-year lease with the borough council and invested £20 million in the hotel which has created more than 100 new permanent jobs. Funding for the ground levelling of the site where the Village Hotel is located, was provided by the Enterprise M3 LEP. For more details go to www.village-hotels.co.uk/basingstoke/.
The first scheme to be completed at Basing View, as part of the partnership with Muse, was a combined John Lewis at Home and Waitrose store. As well as retail facilities, the store also provides a selection of cafes, a wine bar, juice bar and sushi counter.
Companies based at Basing View are also within easy walking distance of the town centre’s extensive retail and leisure facilities.
The award-winning Eastrop Park with its boating lake, footpaths and trim trail is easily accessed via the footbridge by the Lower Basing View car park. In addition, a new pocket park in front of the Village Hotel provides outdoor seating areas and has been planted with trees, shrubs and wildflowers to increase biodiversity in this town centre location.
These amenities are important for increasing health and wellbeing opportunities and a sense of place and community for those working at the park.
Enterprise Zone benefits
The Basing View Enterprise Zone was created in early 2017 and covers around half of the business park, including the sites of the proposed Benchmark and Neon office schemes. Companies that expand their existing premises or are new arrivals to the Enterprise Zone before 31 March 2022 are eligible for a 100% business rate discount for five years, worth up to £275,000. In addition, businesses relocating to the EZ can also benefit from Research and Development collaborations with world class institutions and high quality business support provided by the Enterprise M3 LEP. Read more about the Basing View Enterprise Zone.
Working closely with the Enterprise M3 Local Enterprise Partnership (LEP), the council and Muse have also established Basing View as a key site in the London and South Innovation Valley Enterprise Zone (EZ3), a multi-site cluster of enterprise zones across Surrey and Hampshire.
Basing View has a thriving tech community with its hub at Belvedere House, which hosts a range of networking events and tech start-up support. It is also the planned location for a 5G commercialisation Living Lab to enable start-ups, SMEs and larger businesses to trial products, services and applications and bring these to market faster.
The Living Lab, together with a planned Digital Growth Factory incubator, will provide a comprehensive 5G ecosystem, supported by indoor and outdoor 5G connectivity, that will include business incubation and acceleration, technical expertise and support, networking and events, commercialisation support, access to academic research, VR and AR facilities, skills development programmes and flexible incubation space.
Basingstoke was named as among the top UK locations for investment in growing technology companies in the 2019 Tech Nation Report. The town was also ranked as the 9th best UK city or town for careers in IT by a CompTIA study last year.
Find out more and get in touch
To keep up to date on the latest news about Basing View or to be added to our mailing list and receive copies of e-newsletters and other updates go to www.basingview.co.uk or follow us on twitter @basingview.
All businesses based at Basing View are invited to attend regular Occupiers’ Forum meetings, which provide updates on developments and a range of presentations on relevant business topics. To sign up for our next occupier forum visit the events page on the Basing View website.
For enquiries about the council’s plans for Basing View, please contact Kate Dean, Project Director Basing View and Commercial, Basingstoke and Deane Borough Council by calling 01256 844844 or emailing email@example.com.