Comprising of six light industrial units, the Fulhame Building is the Parc’s first lettable space for small start-up businesses and covers 1,125m2 of internal floor area. Tenants will align with MSIP’s sustainable mobility and decarbonisation mission as it looks to create a greener future, through innovation for people, place and planet.

The £20m transformation programme and redevelopment of the former Michelin Dundee site brings together industry and academia with a focus on sustainable mobility and decarbonisation.

Kevin Dickson, regional managing director, Robertson Construction Tayside, said: “The completion of the Fulhame Building signifies the beginning of a new chapter for the site.

“MSIP will create a dynamic and creative home for innovators, manufacturers and skills leaders. With future works already underway, Robertson looks forward to continuing its relationship with MSIP and playing our part in helping to deliver Scotland’s newest Innovation Parc.

“Robertson is committed to being socially, economically and environmentally responsible and is already aligned with MSIP’s mission, as we look to further reduce the whole life carbon of our projects across the country.”

Colin McIlraith, chief operating officer, Michelin Scotland Innovation Parc, said: “With the first development now complete, phase one of our transformation programme is progressing well.

“When we formed MSIP and considered what our offer to industry was, we quickly realised we had to add space of this size and specification, in order to meet industry demand. I’m pleased to see the progress since that decision was made, with the Fulhame Building now complete and ready for occupancy.

“All six of the new units are already reserved, which demonstrates we made the right decision. I look forward to sharing more on those tenants once leases are finalised.”

The next stage in the Innovation Parc’s ambitious plans is the delivery of Innovation Labs and a Skills Academy, which will include classrooms, workshops and a 1,750m2, versatile space for learning and demonstrations.

Construction works are already underway with both additions due to complete later this year.

MSIP is being delivered by Robertson Construction Tayside through Procurement Hub Major Projects framework.

MSIP is a joint venture consisting of Michelin, Scottish Enterprise and Dundee City Council, formed to drive growth and diversity in the Scottish economy whilst also addressing the global climate emergency.

Louise Dodds, client relationship manager, Procurement Hub, said: “Using the Procurement Hub Major Projects framework provided the flexibility and platform for MSIP to utilise a local contractor of their choice for the duration of the project and to develop future phases and additional works. We are delighted to be playing our part in the important regeneration of this site.”