Wales’ first dedicated science park has revealed plans to develop a second building on their Anglesey site, as the first building approaches capacity. The additional space will enable Bangor University’s M-SParc to further boost business and staff numbers at the site near Gaerwen.
This comes five years after the first property was opened close to the A55 with the aim of diversfying the economy, raising average wages and attracting people back to the island. It has attracted 50 businesses to the site with another 30 virtual tenants.
Companies at M-SParc pay salaries of over £5,000 per year more than the Wales average. The new building already has outline planning secured and will be designed to tie-in to the existing landscape design of the science park site.