Steel frames for new industrial units have been erected as part of the expansion of a historic business park in Loughborough.
Five units are being built at Falcon Park, also known as the Falcon Works, near the train station, which is home to Brush Transformers and other businesses.
The first phase – called Falcon Park North – also offers design-and-build land of up to 10,219 sq m (110,000 sq ft).
Harry Dollin, director of asset management at Arax Properties, said: "After a long, drawn-out planning process, we're excited to be delivering £13m of inward investment to Loughborough and attracting new manufacturing and logistics employers to the area."
The expansion of Falcon Park began in June and is expected to be completed in the second quarter of 2027, Dollin said.
A future phase of the expansion, Falcon Park South, is set to see the creation of smaller units, from 362 sq m (3,900 sq ft) to 1,468 sq m (15,800 sq ft), after it received outline planning permission from Charnwood Borough Council in December last year.
However, Arax Properties said a start date for this phase had yet to be decided as it would follow the completion of Falcon Park North and "occupier demand".
Planning documents submitted in connection with the project said that it would bring up to 770 permanent jobs to the area once all phases had been completed, Arax Properties added.
Brush Transformers, part of Brush UK, remains a tenant on the Falcon Park South site today, alongside Wabtec Rail, Adey Steel, WB Power Services, Wiltech Acoustics and others.
Created in 1876 by Charles Francis Brush, the company celebrated its 150th anniversary this year.
The Falcon Works site was taken over by Brush in 1889 and the manufacturer has been visible in the town ever since.
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