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.
The vision for Basing View includes a mix of new office space; a business class hotel; and other supporting facilities to ensure Basing View is a first class destination. It is envisaged that the project has the potential, over the next 15 years, to double the 4,000 jobs currently available at the business park.
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.
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New office developments
Work has started on the construction of a new 45,000 sq ft headquarters building for international pharmaceutical business Eli Lilly and Company in the heart of Basing View.
The Lilly building is the first to be supported by the council’s pioneering Invest to Grow fund. The fund aims to stimulate infrastructure projects within the Basingstoke area where there is a clear benefit to local employment, regeneration, environmental and economic prospects. The development is being jointly funded by the council, the Enterprise M3 Local Enterprise Partnership and the Invest to Grow fund.
Muse Developments has also secured planning permission for a new 40,000 sq ft office scheme, next to the new Lilly building. The building will be named Benchmark and will share a new multi-storey car park with the Lilly building.
The new 60,000 sq ft Grade A Florence Building was completed by Abstract Securities in summer 2018 and 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.
In early 2018, the council purchased Norden House, a two-storey office building located at one of the main access routes to Basing View. International architectural and design practice BDP has been appointed to work on plans for a new landmark office scheme at the site.
It is anticipated that planning will be submitted in autumn 2019 and pre-let marketing will commence at the same time.
Refurbishments of existing office space
A number of existing office schemes at Basing View are also undergoing significant refurbishment.
Quantum House has been purchased by Arena Business Centres, for its second business centre on Basing View. An extensive programme of refurbishment is planned for the 38,000 sq ft office building, including the construction of a new reception and business lounge area.
Mountbatten House, a 154,000 sq ft Grade II office building in Basing View, will also be undergoing extensive refurbishment, following its purchase by Squarestone Growth.
Squarestone, which has purchased the long leasehold interest in the five-storey building, has appointed architects Feilden Clegg Bradley Studios to undertake the restoration project. The building is best known for its Grade II listed hanging gardens. 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.
The recent £3.5 million refurbishment of Matrix House at Basing View also resulted in a number of new lettings at the 95,000 sq ft office building.
Retail and leisure
The first new scheme to be completed at Basing View, as part of the partnership with Muse, was a combined John Lewis at Home and Waitrose store, which is the largest of its kind in the country.
Provision of a high quality hotel is now well on the way to being delivered, with Village Hotels developing a 153-bedroom business-class hotel with conference and leisure facilities, restaurant and a coffee shop. For further details about Village Hotel see below.
Companies based at Basing View are also within easy walking distance of the town centre’s extensive retail and leisure facilities.
New hotel for Basing View
Construction is underway for the new Village Hotel, which is expected to open in early 2020, and will provide additional amenities for companies based at Basing View.
Village Hotels agreed a long leasehold deal with the borough council for a 153-bedroom hotel and leisure club, which will include a licensed pub, restaurant, Starbucks coffee shop and meeting and events facilities. There will also be a state-of-the-art gym with a heated swimming pool and on-site car parking.
Funding for the ground levelling of Plot W, where the hotel is located, was provided by the Enterprise M3 Local Enterprise Partnership.
Village Hotels has acquired a 250-year lease and will spend £20 million on building the hotel, which will create in excess of 100 new job permanent job opportunities as well as temporary construction jobs.
Contractor Willmott Dixon has partnered with Hampshire County Council to provide work experience placements on site, through the council’s Traineeship Plus scheme and have already hosted students for eight weeks.
The council has recently completed the development of a new pocket park in front of the Village Hotel site.
The new park is just under an acre and has been landscaped with more than 70 new trees, 4,000 shrubs and plants and extensive bench and pod seating. A section has also been planted as a wildflower meadow, to increase biodiversity in this town centre location.
The new pocket park is an important addition to the amenities at Basing View, increasing health and wellbeing opportunities and contributing to a sense of place and community for those working nearby.
Enterprise Zone benefits
The Basing View Enterprise Zone was created in early 2017 and covers around half of the business park. 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. The SETsquared Partnership operates an incubation hub for high tech start-ups in Basingstoke and has supported around 30 start-ups. Basing View is also home to an open access 5G test bed, available for businesses to use, after the council joined forces with the University of Surrey’s 5G Innovation Centre.
Basingstoke was rated as one of the top five UK locations for productivity in the digital tech sector in the 2018 Tech Nation report and one of 16 tech towns with above average levels of digital employment.
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 firstname.lastname@example.org.