THE ambitious plans for Hunterston that form a key part of the Ayrshire Growth Deal have taken a significant step forward.
At a meeting today, North Ayrshire Council, Peel Ports and Scottish Enterprise formalised their relationship – signing a Memorandum of Understanding – which will drive forward the short, medium and long-term plans for a key part of the Hunterston PARC site.
An initial focus for the partners will be developing a business incubator space within the existing buildings on the site, providing facilities for local firms to grow and collaborate. The ambition is to create a centre for innovation to support both the blue and circular economy, including research and development facilities.
The agreement sets out the roles of each of the organisations and how the partnership will secure further investment that will help stimulate development at the site.
The development of Hunterston PARC - which is one of Scotland’s largest brownfield sites (320 acres) and its largest deep water port– is a key site in the Ayrshire Growth Deal (AGD) to which the UK Government has committed £18 million over a 10 year period.
While this funding is welcome, the group hope to accelerate project activity and secure the AGD funding earlier than anticipated and utilise this to lever in additional other investment to realise the economic potential of the area.
Peel Ports has produced a development framework, with input from partner organisations, which is currently out for consultation with the community.
This will be used to implement detailed plans and associated costing to create detailed proposals for both phases of work.
Hunterston PARC and the Hunterston B power station are the two key sites in the wider Hunterston Strategic Development Area, which is seen as a key economic region in Scotland with huge potential.