The Shell Store Incubation Centre
Work is now underway on Hereford’s Shell Store, transforming the historic building into a flagship business incubation and innovation centre.
The £7.3m redevelopment of the derelict building on Skylon Park, Hereford Enterprise Zone, Rotherwas, will deliver more than 2,000 sq metres of employment space, with room for new and growing businesses to set up and expand alongside facilities for development and innovation.
It will also create the opportunity for higher education students to interact with businesses and develop their practical projects.
The Shell Store will provide employment space for up to 25 dynamic and innovative businesses, driving economic growth through the generation of around 128 new jobs by 2023 rising to more than 450 by 2031.
The project is being funded by the European Regional Development Fund (ERDF), Herefordshire Council and a loan from the Marches LEP’s Marches Investment Fund.
The Shell Store, which is not a listed building, was built in the First World War and used as an ordnance site during the Second World War. The project will see commercial space created within the existing building footprint, retaining much of the original factory including its steel roof structure.
The centre is due to be completed in spring 2020.