Previously, the location was a military airfield and training base dating back to WW1, with Solent Airport and businesses from the aerospace and aviation sectors continuing that tradition today. Steeped in history and building for the future, the DSEZ is within the planning authority areas of Fareham and Gosport and the councils have agreed a whole-site plan to ensure the comprehensive development of the location for businesses and new homes.
With direct access to a marine slipway and Solent Airport located at its heart, sea and air connectivity adds to its road links for employees, customers, raw materials and finished products.
As a result the DSEZ is now an ideal location for pioneering businesses looking to work collaboratively with other cutting-edge enterprises. In particular it is a destination of choice for engineering, manufacturing and technology businesses; especially those within the marine, aerospace and aviation sectors.
The Solent LEP utilised £8m from the Solent Growing Places Fund to lever an infrastructure package valued at over £15m, with additional investment secured from Hampshire County Council and the Government’s Regional Growth Fund to bring about this major regeneration of an ex-military airfield covering 200 hectares into productive use.
The opening of CETC was supported by a £2.8m Local Growth Deal grant and has been created alongside a consortium of local civil engineering employers to ensure strong links with the private sector.
The Fareham Innovation Centre opened in May 2015 providing both office and small workshop units. The Centre has been hugely successful and an extension that more than doubles its size was opened in April 2018 with £7m investment by Fareham Borough Council including £2m grant support from Solent LEP.
With Daedalus identified in its Local Plan as the most important site for employment, since 2015 Fareham Borough Council has invested around £28M in infrastructure to support the site. Of this, around £9.5M has been in the form of grant funding, with the remainder funded from the Council’s reserves, prudential borrowing and a £3.2M Growing Places Loan from Hampshire County Council.
The resulting new infrastructure includes:
Comprising approximately 18 hectares (45 acres), the Daedalus Waterfront site lies to the south of the site and enjoys a seaside location facing the beach at Lee-On-The Solent.
As with the rest of the Solent Enterprise Zone the Daedalus Waterfront site is ideally suited for engineering and manufacturing businesses. With direct access to a marine slipway into the Solent, it should be of particular interest to businesses in the marine sector and those that use the sea to transport raw materials and finished products.
The ongoing vision for Daedalus Waterfront is to provide even more employment space, while bringing the waterfront heritage buildings back into use. This will provide further opportunities for businesses to relocate on this part of the Solent Enterprise Zone, potentially into historic buildings with outstanding architectural quality.
The airport is owned by Fareham Borough Council and operated by Regional & City Airports (RCA).
Faraday Business Park is owned by Fareham Borough Council.
Daedalus Park is owned by Rolling Wave Property (previously Tidebank)
Contact us today to learn more about the Daedalus Solent Enterprise Zone