Park celebrates smashing its goal

Picture: Paul Jacobs (142476-229) PPP-140824-032155001


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SMASHED targets and a year that beat the economic climate was cause for a celebration at Langstone Technology Park in Havant.

The park’s owner, Fasset, had set a target to let 23,000sq ft of space at the former IBM manufacturing centre – but smashed that goal by more than 100,000sq ft.

The year was helped by the park opening a series of small units for start-up businesses, and by the letting of a huge warehouse to the Peer 1 internet communications company.

Fasset managing director Gary Medlow said: ‘Things were bleak for us this time last year.

‘But it ended up that the last year was our best ever.

‘We were helped greatly by Peer 1, which is investing £25m in the far end of the park.

‘And we got away 60,000sq ft of offices last year in total.

‘I would have been happy with 10,000sq ft, given the year we’d had before.’

The small office space, named the park’s business suites, were opened by BBC presenter Sally Taylor this time last year.

She was also at the celebration event, held on Wednesday to mark the occasion.

She said: ‘When I was here last time there was quite a lot of space to fill and I think they were a bit down because it was the worst year they’d experienced, but just walking around the park you got this sense of optimism.

‘I think it was the fact that the small companies here could feel they were part of a bigger family.

‘It’s an incredible achievement.’