Planning News and Deals
Baglan Energy Park, Port Talbot Port Talbot A major regeneration scheme creating offices and industrial units for small and medium-sized businesses is underway in Port Talbot.		The £6m development is on the site of former BP works at Baglan Energy Park. It is a joint venture between the global energy group, the Welsh Assembly Government, and Newport-based Mardon Properties. The scheme – expected to create a significant employment boost for the area – has financial backing from Clydesdale Bank in Cardiff who are helping to fund Mardon Properties’ involvement. The first phase of the development provides 22,000 sq ft of office space and 42,000 sq ft of industrial space on a five-acre site. The industrial units will be ready for occupation by December 2007. Mardon Properties are among the first private sector developers to be involved in the regeneration area at Baglan. The scheme is one of the few private developments to have secured European Regional Development Fund (ERDF) Objective 1 funding.