The 650 acre Park Royal estate in West London is one of the capital’s most important economic hubs. Home to more than 1,200 businesses, Park Royal provides around 40,000 jobs.
Since the demise of the Park Royal Partnership, despite businesses voting for a Business Improvement District, they have lacked a single voice. The position of northern Europe’s largest industrial park, at the junction of three boroughs, dissipates its influence.
But now West London Business is supporting the launch of a new business group for the area on February 6, at Dukes Island Studios featuring speakers from the GLA, Brent and Ealing borough concils. All Park Royal businesses are welcome.
The aim of the Park Royal Business Group is to ensure that the collective views and priorities of local businesses are clearly articulated to decision makers to ensure Park Royal thrives.
The group is being launched against the backdrop of major plans for the redevelopment of Park Royal, as well as the regeneration of Old Oak Common, the pressure for residential development, and major infrastructure programmes impacting the area, such as HS2 and Crossrail. The Park Royal Business Group will provide a forum for local businesses to provide a collective response to any of the issues affecting them.
The new group will support businesses through initiatives aiming to support the key priorities of occupiers on the estate, champion key industry sectors (such as film & TV production, food and drink production, and logistics), provide business networking opportunities, encourage engagement around topical issues affecting Park Royal, and provide platforms for members to promote their services and products.
Mike Cummings, SEGRO’s Regional Director of Park Royal and London, commented: “This is exciting news for our Park Royal customers. It is crucial for the diverse range of businesses at Park Royal to have a central body, which champions their interests and echoes their sentiment.”
“We are fully behind this initiative,” said Ashok Lakhani, founder and MD of Kolak Snacks (winner of two awards at the recent West London Business Awards), which employs over 800 staff and supplies major national retailers. “It’s vital that businesses here get together and organise a lobby voice,” he added, “or we will be facing huge changes without being able to express a view.”
“Park Royal’s continued success is vital to both west London and the wider London economy”, added Frank Wingate, CE of West London Business, the Chamber of Commerce for West London, which is supporting the establishment of the group. “It is important that both public and private sector players come together to enable the estate to continues to thrive. In the longer term, future investment will be essential to maintain and enhance Europe’s largest industrial estate”
The Park Royal Business Group is currently overseen by an interim board composed of public and private sector organisations, including representatives from Allpex, Bighams, Black Island Studios, London Borough of Brent, Brownell Ltd, Cadogan Tate, Car Giant, London Borough of Ealing, Jane Milton, Kolak Snack Foods, La Maison, Overseas Medical Supplies, SEGRO, VDC Group and West London Business.
See the Launch Invitation here.