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Midas Construction has started building on the Hayle Marine Renewables Business Park in Cornwall.
The Devon & Cornwall division of Midas Construction won the contract to build the business park, which forms the central part of a £24m investment by Cornwall Council, the European Regional Development Fund (ERDF) and Government in the regeneration of Hayle Harbour.
Hayle is already home to Wave Hub Ltd, which operates the world's largest marine energy test site 10 miles from the North Cornwall coast, as well as three marine energy demonstration zones. The new business park is designed to accommodate companies in the growing marine energy sector and is being built on the site of a formal coal-fired power station at North Quay in Hayle.
It will offer 2,500 m2 of managed workspace, including 900 m2 of modern office accommodation over two floors, with Superfast fibre broadband and seven light industrial units varying in size from 200 to 250 m2.
It is expected to open in summer 2015 and create 120 jobs.
(CD/JP)
