MIRA have worked closely with partners including Hinckley & Bosworth Borough Council and consulted with local residents to refine its proposed £300million development. The proposed development could see it become the most advanced, independent transport technology facility in Europe and could create over 2,000 jobs over a ten year period.

The new site would comprise of contemporary buildings of between two and four stories and the focal point would be a 43,000sqm state-of-the-art Engineering Centre (featuring modern, environmentally sustainable office space).  The engineering centre would be set within a 155,000sqm research and development facility (equipped with advanced engineering workshops) that would incorporate a new Technology Park.

The development will not only replace the inefficient existing buildings, which date back to the 1950s but add a new Technology Park to complement the existing one. The aim of this development is to attract further international businesses to this prime research and development location with ready access to world-class local engineering expertise and facilities.

Commenting on MIRA’s need to evolve, Commercial Director of MIRA Technology Park Ltd, Terry Spall says:

 “ MIRA has seen continued growth over the past three years and 2010 was a record year with turnover up 30 per cent to £37million. However, we are rapidly outgrowing our existing facilities and this development is crucial to providing the business with the capacity to match its capability over the next 30 years and beyond.”

“This long-term vision means that sustainability is at the heart of the development. We have incorporated the latest low carbon building design and construction techniques - including a pallet of materials that are natural, locally sourced and recycled - into our plans. We also intend to use renewable energy sources and extensive landscaping, including lakes and cycle paths, to enhance the ecology of our site.”

MIRA’s plans also include amenities to cater for the companies and workers that will occupy the new development. These include:

• a hotel
• retail facilities
• provision for sport and leisure facilities accessible to local community clubs.

Development work could begin in early 2012 to begin the extensive ten year plan to:

• replace the existing buildings and infrastructure
• widen the A5 across the frontage
• encourage the provision of public transport links combined with a green travel plan and cycle routes to help alleviate vehicle traffic from the site’s growing workforce.

More information, together with the opportunity to share opinions about the proposals with MIRA, is available at www.miratechnologypark.com