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