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Carlton secure £700,000 for Sustainability HUB – UK Regional Growth Fund Round 2

30/10/2011 12:00

Carlton directors, Norman and Craig Peterson, were delighted to receive news that the UK Governments Regional Growth Fund (Round 2) are allocating £700,000 of conditional funding for the Carlton HUB for Sustainability.

The investment will help part finance the development of 20,000 ft.² of office space to accommodate up to 40 SMEs employing up to 180 to 200 persons.   The HUB will focus on sustainability in the context of the construction sector and Modern Methods of Construction.   The HUB will support start-up and fledgling companies who have an interest in sustainability.   One of the UK Governments’ drives is to reduce CO2 emissions and the businesses attracted to the Sustainability HUB will help support this agenda.

Carlton will construct the HUB using sustainable building techniques and use energy efficient solutions to operate the building.

Commenting on the vision, Carlton MD Craig Peterson, said “one of our main aims is to collaborate with the building supply chain in order to develop challenging solutions to drive down the delivery costs for the supply of new homes as well as meeting the challenges of the Code for Sustainability.   The sustainability agenda connects and supports our work to attract institutional investment into the housing sector.   By building homes more cost effectively, this improves yields and makes the investment more attractive to the institutional funds“.

Carlton CEO, Norman Peterson, further commented that “the Sustainability HUB will bring new jobs to the sectors by attracting new start-ups and fledgling businesses to make the hope that this and draw on their specialisms to create new jobs for the area.   Our vision is that the HUB will act as a focal point in the region and the wider area for the sustainability agenda for social and economic regeneration projects“.

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