Economic development projects
Recently completed schemes
Hereford Enterprise Zone / Rotherwas Estate
The Rotherwas estate in Hereford was awarded enterprise zone status in 2011.
This means the area will see financial incentives, reduced planning restrictions and other support to encourage the creation of new businesses and jobs, and contribute to the growth of the local and national economies. The benefits include relief on business rates up to a maximum of £275,000 over a five year period, relaxation and fast tracking of the planning process and provision of improved infrastructure such as superfast broadband.
In addition all business rates growth within the zone for a period of at least 25 years will be retained and shared by the local authorities within the Marches LEP to support economic development within their area.
If you would like to further discuss the Enterprise Zone scheme, or if you are a business wishing to discuss the potential site opportunities of locating within the zone, please contact Mark Pearce (Managing Director – Hereford Enterprise Zone) at firstname.lastname@example.org or Dorothy Coleman (Economic Development Officer – Hereford Enterprise Zone) at email@example.com. You can also ring 01432 383616 or 07792 880054.
If you would like to be kept up to date with news and announcements regarding the Enterprise Zone then please send your contact details to the Economic Development team at firstname.lastname@example.org or call 01432 261758.
Hereford's former livestock market development
The Hereford Futures project expanded the city centre across the site of Hereford's former livestock market. This privately funded £90 million development includes a department store, cinema, supermarket and a variety of shops and restaurants, providing more than 1,100 new jobs for the city.
Find out more on the Old Market Hereford website.
Please note the Gateway Committee minutes have been released with some redactions regarding commercial sensitivity.
We are hoping to develop a new employment park at Model Farm, Ross-on-Wye. The 10ha site will be aimed at attracting high skill knowledge, science and engineering based companies looking to locate in an attractive rural setting but still close to the M50 and wider motorway network.
The principle of development has already been approved and a planning application has been submitted for the proposed infrastructure works. We are keen to encourage innovative building designs to good sustainable standards and are now looking for a development partner to take the project forward.
For more information, contact us on 01432 261758 or at email@example.com
Recently completed schemes
Leominster Enterprise Park
This is a major employment location in the north of our county. A range of offices and workshops are available for immediate occupancy - you can find out more from the site agent, Pooks, on 01743 276633.
New Livestock Market
The new Hereford Livestock Market opened in June 2011, located on the Roman Road to the north of the city.
Alongside the new market, limited space is available for related agricultural business. To discuss your requirements, contact Ian Higgs, Development Manager, on 01432 260849 or firstname.lastname@example.org
Yazor Brook flood alleviation
This scheme, completed in March 2012, comprises a culvert which will divert floodwaters to the River Wye before they enter the city - this will reduce flood risk, enabling much needed development and protecting existing homes and property.