A joint venture initiative between Ogilvie Group Developments and North Lanarkshire Council’s regeneration company, Fusion Assets, the two storey, 8,000 sq ft building, to be called Enterprise House, will provide high quality office space, sub divisible to accommodate a range of units from 1,500 sq ft upwards.

Ogilvie Construction will build the new facility after an award of over £1.1 million grant funding from the Scottish Government’s Regeneration Capital Grant Fund.

The business park is located in prime position with excellent access to major road and rail networks, as well as public transport and will incorporate over 200 parking spaces.

Murray Collins, managing director, Fusion Assets Ltd, said: “We have been able to progress this initiative as a result of the grant from the Scottish Government’s Regeneration Capital Grant Fund. This is the first important stage in achieving our aim to create a village of small to medium sized offices for growing and established businesses.”

Steve Lloyd, director, Ogilvie Group Developments, added: “We are delighted that work is starting on this significant regeneration project for the area. The offices will be constructed to the highest standard, offering quality business accommodation.”

Knight Frank and Whyte & Barrie have been appointed as the letting agents.