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Michelin Scotland Innovation Parc, Dundee Appoints Ryden and Westport Property as Marketing and Leasing Advisers

Posted: 8th June 2020

Ryden and Westport Property are delighted to confirm that they have been appointed by Michelin Scotland Innovation Parc (MSIP) as marketing and leasing advisers. The appointment will commence immediately, now that Michelin have ceased tyre production from the facility which extends to 65,000 sqm (700,000 sqft) on a site of over 32 hectares (79 acres).

Michelin Scotland Innovation Parc is one of the most exciting and largest industrial focused commercial redevelopment projects currently under way in Scotland. It will provide industrial and manufacturing accommodation to local, national and international companies at the forefront of the sustainable mobility and low carbon energy sectors.

With a focus on people, place and planet, MSIP, a joint venture between Michelin, Scottish Enterprise and Dundee City Council, is already at an advanced stage of planning the transformation of the existing tyre factory into a vibrant Innovation Parc in Dundee, where industry and academia will come together.

With excellent physical connectivity, MSIP has dynamic space that can adapt to all sizes of business. As well as large, flexible space, tenants will have access to an innovation campus, a skills academy, business support, competitive green energy delivered from sustainable sources and a recreational hub that will include a café and a well- equipped gym.

Neil McAllister of Ryden and Fergus McDonald of Westport Property have agreed a joint statement:

“We are absolutely delighted to be appointed by MSIP as the marketing and letting agents for a refurbishment and redevelopment project of local and national importance. The ambitions and objectives of the MSIP team are fully recognised and will ensure that the high standards and heritage created by Michelin will be carried forward by the future occupiers”.

Colin Mcilraith, Michelin Scotland Innovation Parc COO, said:

“The appointment of Ryden and Westport Property as MSIP’s marketing and leasing advisors marks another key milestone in progressing our world class Innovation Parc in Dundee.

“The accommodation at MSIP is a competitive proposition to potential tenants, and by having Ryden and Westport Property on board, we have the right team alongside us to market the Innovation Parc locally and globally, to attract the right companies to locate here.

“The buildings are just one part of the offer to businesses, alongside business and skills support, collaboration opportunities and access to a large network of industry and academia. We have a strong market offer, and I am confident that Ryden and Westport Properties will support us to achieve success.”

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