New Anglia LEP has invested £1.5m from its Growing Places Fund in the construction of Proserv’s Artemis House, with £4.5m Coming from Great Yarmouth Borough Council. Proserv is contributing up to £2m towards the fit-out and will be taking a 20-year lease on completion.
The new HQ is the flagship building on Beacon Park, one of ten sites across Norfolk and Suffolk which make up the LEP’s Space to Innovate Enterprise Zone.
Construction of Artemis House has progressed well since ground was broken in June, with Proserv set to move in during spring.
One of the largest commercial buildings in terms of floorspace ever constructed in Great Yarmouth, Artemis House will enable Proserv to consolidate and grow its Great Yarmouth operation under one roof. Proserv currently employs about 190 staff at two sites in Great Yarmouth, most of whom already live within 10 minutes of Beacon Park.
The landmark facility, flanking the A47/A143 link road, will serve as Proserv’s global centre of excellence for control systems and services for the offshore energy market, comprising 65,000sq ft of modern office and production floorspace.
Chris Starkie, Chief Executive of New Anglia LEP, said: “We’re delighted to see this fantastic new building nearing completion at the heart of our Great Yarmouth and Lowestoft Enterprise Zone.
“The new Economic Strategy for Norfolk and Suffolk underlines our aspiration to be the place where high growth businesses with aspirations choose to be and as such, we’re really pleased to see Proserv committing its support to its local staff and suppliers.”
In a joint statement, the council’s political group leaders, Cllr Graham Plant, Cllr Trevor Wainwright, Cllr Chris Walch, and Cllr Adrian Myers, said: “Construction on Artemis House has progressed well and it is now very visible on Beacon Park and from the link road. This milestone is a reminder that in a few short weeks the building will be a busy workplace for nearly 200 staff: a clear symbol of this council’s close work with partners to support jobs and growth.
“This project ensures that those jobs continue to be based within the borough and gives Proserv the capacity to invest and expand further in this purpose-built base, while adding to the council’s important property portfolio that generates significant rental income to help support vital public services.”
Simon Harvey, Head of Operations at Proserv, said: “The construction team have made excellent progress and so I am delighted to say that we remain on schedule for a late March entry date. This marks an exciting chapter for the whole of Proserv as we invest significantly in our future and growth aspirations.
“A lot of consideration has gone into how we create the right space, in terms of both working environment and servicing our customers; something which our staff have been heavily involved in, and so we are looking forward to plans and concepts becoming reality in the coming weeks.”