News: Phase 1 complete at Magna 34 Business Park

The first phase of works is now complete at the £31m Magna 34 Business Park in Rotherham and it is expected to create around 600 jobs for the region. Joint venture partners Loxley Land and Property and Jaguar Estates have unveiled the first phase of office and industrial accommodation, all of which is ready for immediate occupation, at the 19 acre park located off Junction 34 of the M1 at Templeborough. Phase 1 encompasses 10,000sq ft of Grade A, BREAM ‘Good’ rated contemporary office accommodation and a 151,716sq ft distribution unit for which the Magna 34 development partners have teamed up with JF Finnegans to deliver. Phase 2 of the development will incorporate further office and industrial units, in addition to design and build opportunities, ranging from 806sq ft up to around 40,000sq ft. Property Manager for Loxley Land and Property, Eldon Stevens, said: "We are incredibly proud to unveil this first phase of office and industrial space. Our development agenda was to capitalise on the site’s strategic location and create a business park that could accommodate a range of office and industrial occupiers." Patrick Herbert of Jaguar Estates added: "Magna 34 has transformed the approach to Rotherham from the M1 and our commitment to developing high quality accommodation can be seen with this first phase. The office offering is sleek and contemporary and the serviced option delivers the flexibility potential occupiers are increasingly seeking."

Magna 34 website
Rotherham