Opportunities are now open to invest in the Perth Eco Innovation Park at Perth West, an exemplar development that promises to rethink the way we live, work and move around cities.
As Scotland looks towards 2045, and its commitment to net-zero emissions, it is the responsibility of local authorities to provide more sustainable opportunities for development and growth. In Perth and Kinross, the vision for a better work-life-environmental balance is considered not only possible, but rather the benchmark for the future.
Perth West is the project name for the strategic, sustainable expansion of Perth over a significant 240ha site comprising lowcarbon housing, industry, mobility, and digital technology.
Within the development, Perth Eco Innovation Park will cover 25ha of land and is aimed at stimulating growth in advanced next generation logistics, last mile distribution, and research and development. Based on green design and low-energy construction, the site will benefit from an integrated environment that includes space for renewable energy, urban mobility solutions, active travel and blue-green infrastructure.
The ambition for Perth West is sizeable, with PKC leaders focused on creating a world-class destination for companies and investors committed to inclusive, equitable growth. Couple this with a longterm commitment to support and nurture ongoing investment in the environment, its businesses and its people, and Perth’s vision to become one of Europe’s most sustainable small cities starts to become a reality.
Councillor Grant Laing, Climate Change & Smart Investment Manager at PKC, commented, “By creating this national hub of excellence, there is a real opportunity to develop a collective vision for future growth amongst all who work and invest here.
“Offering a new and dynamic way of working for businesses of all sizes, the Eco Innovation Park will provide everything from flexible working environments for small start-ups, to innovative manufacturing space for large companies, and dynamic lab-based areas for research & development.
“We know that by facilitating side-by-side working amongst likeminded companies we can engender opportunities for cross-selling, joint working, and ideas generation. In addition, companies will be well-positioned to minimise their collective environmental impact and to work together on energy consumption, waste solutions and the active travel promotion. It is an exciting time to be working on city growth, and Perth West, as a concept, is leading the way.”
Why Perth, Why Now?
Perth’s population growth projections show a 27% increase over 20 years with residents enjoying an exceptional quality of life, including easy access to the great outdoors and a vibrant cultural scene. In addition to this, the £26 million city hall transformation project, which will see the Stone of Destiny returned to Perth, is expected to boost tourism for years to come.
Perth offers unrivalled links across the UK and internationally by road, air, rail and sea and it is widely acknowledged that the area is a strategic hub in the Scottish transport network.
Principal road routes connecting the central belt to north and north-east Scotland converge here, making it the obvious choice for a national green transport hub and centre of excellence for innovation, distribution, and future technologies.
By connecting this vision for industry to an exceptional 20-minute neighbourhood, Perth aims to address the changing needs of society and provide a real opportunity to effect positive change to the way in which we do business and enjoy life.
The Investment Proposition
Perth West will provide a wealth of opportunities over the next five to ten years for investors, those seeking business growth, and start-ups within the eco-innovation and advanced construction sector. Initial opportunities lie within the development of the Eco Innovation Park, covering a fully serviced area of 25ha, split across various-sized plots.
Financial investors in the early stages have a unique opportunity to influence planning and development in the initial phases, with a fully supported strategy in place to secure long-term return through a proactive approach.
Phase 1 – Financial investment in the PKC development of 11ha. Projected completion date of March 2026. Entry for tenants from December 2026.
Phases 2 & 3 – 15ha of fully serviced land with a projected completion date of March 2030 and an option to propel this for the right investors.
Specific Opportunities – Commercial Portfolio Building, Green National Transport Hub Partners.
To discuss opportunities at Perth Eco Innovation Park contact:
Serge Merone, Climate Change & Smart Investment Manager firstname.lastname@example.org | Twitter: @SMeronePKC
Ideas for the Park Include:
• Advanced low-carbon design buildings including Smart warehouses, labs and office blocks
• Office-based quarter supporting technology-focused firms, construction HQs, and high-end engineering and technology including AI and robotics.
• Living Lab for research and development businesses and building on existing partnerships with universities and Scotland’s innovation centres.
• National Green Transport Hub to promote decarbonisation of HGVs and coaches including multi-fuel refuelling, rest stops and a last-mile transfer-of-goods point.
• Warehouses and manufacturing aimed at high-end engineering solutions in the national focus towards Net Zero.