Issue details

Sale of land at Dorset Innovation Park to Norco Ltd

Dorset Innovation Park (DIP) is a 56-hectare, Dorset Council owned site approximately one mile west of Wool, South Dorset. The site was awarded Enterprise Zone (EZ) status by the government in 2017, a designation which will last for 25 years until 2042. The key benefits of EZ status include the ability for the Council to retain 100% of business rate growth.

 

The Innovation Park has considerable ability to make a significant contribution to the South Dorset economy through the provision of highly skilled and paid jobs and private sector investment. 

 

The Council currently provides light industrial and office accommodation for rent to businesses and plots of land available to purchase for businesses to develop their own facilities. A sizeable proportion of the site, approx. 10 hectares, is still undeveloped.

 

Norco Ltd are an existing tenant on site within a substantial office and industrial building.  Norco are part of the Dorset defence industrial base and require additional land to accommodate an increase in their production capacity.

 

The council has been in negotiations over several months with Norco regarding the purchase of additional land at the Innovation Park to facilitate this increase in capacity.

 

Norco require a 3 acre plot to accommodate their expansion plans.  This will lead to the creation of an additional 60 jobs in addition to safeguarding the existing 30 jobs Norco currently employ on site.  Norco will be making a significant multi million pound investment in their new facility on the Innovation Park.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 02/07/2025

Decision due: 25 Jun 2025 by Deputy Leader and Cabinet Member for Regeneration, Economic Growth & Strategic Assets

Lead member: Deputy Leader and Cabinet Member for Regeneration, Economic Growth & Strategic Assets

Lead director: Executive Director, Place

Contact: Nick Webster, Head of Growth and Regeneration Email: [email protected].

Consultees

Executive Director for Place

Decisions

Documents

  • Cabinet - 27 July 2021 - Two land sales and future disposals at Dorset Innovation Park - decision