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
Planning consent has been granted for the development of a new 45,000 sq ft headquarters building for international pharmaceutical business Eli Lilly and Company in the heart of Basing View.
The Eli Lilly building is the first to be supported by the council’s pioneering Invest to Grow Fund. The fund aims to stimulate commercial property and infrastructure projects within the Basingstoke area, where there is a clear benefit to local employment, regeneration, environmental and economic prospects. The development will be 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 speculative 40,000 sq ft office scheme, next to the new Eli Lilly building, which will be called Benchmark.
The new 60,000 sq ft Grade A Florence Building was completed by Abstract Securities in summer 2018.
In early 2018, the council purchased Norden House, a two storey office building located at one of the main access routes to Basing View, and is appointing architects to work on plans for a landmark new office scheme on the site.
A number of existing office schemes at Basing View have also undergone recent significant refurbishment.
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
Basing View will add a business class hotel to its amenities when a new Village Hotel opens on site in early 2020.
Village Hotels has completed a long leasehold deal with the borough council for a 153-bedroom hotel and leisure club on development land at Basing View.
The hotel will include a licensed pub, restaurant, Starbucks coffee shop, meeting and events facilities, state-of-the-art Village Gym with heated swimming pool, and on-site car parking.
It will provide a significant new draw to companies considering relocating to the 65-acre business park.
General site preparation work is now completed to allow the redevelopment of a site at Plot W, part of which will be used for the new hotel. Funding for the ground levelling was provided by the Enterprise M3 Local Enterprise Partnership.
Village Hotel has acquired a 250 year lease and will spend £20 million on building the hotel, which will create in excess of 100 new permanent job opportunities as well as temporary construction jobs.
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, to be added to our mailing list and receive copies of our newsletters and other updates.
More information is also available on our website 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.