Member Article

Ultra-Fast Broadband Investment At Stoneleigh Park

Businesses based at Stoneleigh Park will soon be able to tap into ultra-fast broadband with a local company winning a major contract to supply the Warwickshire estate.

LaSalle Investment Management is introducing ultra-fast internet in a major capital investment programme to revitalise the site as an internationally-renowned centre for agriculture, rural business, science and innovation.

WarwickNet, a Coventry-based company specialising in network connectivity and related services to business and science parks, has been appointed by LaSalle to provide the high-speed access.

The new supply will provide an initial speed of 100 megabits per second (MBPS) - 50 times faster than the minimum standard set out in a government initiative to improve broadband available in rural communities.

Stoneleigh Park has 965,000 sq ft of commercial space and currently accommodates over 60 businesses which employ in excess of 1,100 people.

Colin Hooper, Estates Director at Stoneleigh Park, said: “LaSalle is making a major investment to bring in a resilient broadband supply with an initial speed of 100 MBPS that can be upgraded to an even faster service if required.

“As an independent specialist provider, WarwickNet has been chosen following a competitive tender process with a view to supplying a high-quality and cost-efficient service to the growing science park.

“A number of on-site organisations are already queuing up to take advantage of this new service which will be a considerable enhancement to the existing provision.”

WarwickNet, based at the Venture Centre in Sir William Lyons Road, Coventry, will soon start work on the network installation with the service expected to go live early this autumn.

Ben King, managing director of WarwickNet, the leading business-to-business Internet Service Provider in the region, said: “Many small, medium and even larger companies on business and science parks can be held back by poor connectivity in a modern business world that depends upon faster access to the internet and cloud services.

“That’s why it’s really satisfying for us to be able to enable companies on Stoneleigh Park to be able to work more efficiently and so develop their business more rapidly.”

Stoneleigh Park is among six science and technology parks in the UK which have been brought together as a long-term investment by LaSalle as the Business Environment for Science and Technology (BEST) Network.

This was posted in Bdaily's Members' News section by Stoneleigh Park .