Harwell Campus have announced an £80 million expansion, bringing 200 jobs and creating a ‘European innovation district’ on the science vale in the heart of South Oxfordshire.
The expansion would be the largest commercial development in the county’s history, with three new buildings being built by March and a fourth scheduled for completion in December 2018.
The new buildings would offer 190,000 sq ft of industrial research and development space and could create up to 200 jobs. The group stated that there is an ‘appetite for commercial space’ and they expect all the space to be pre-let before completion. The campus already houses 200 organisations in the field of science and technology
The expansion make space for companies and 200 jobs and can be pre-let before completion.
William Cooper, Partner at Harwell Campus Management, said: “We are very happy to share the success and expansion of organisations already on campus and equally, thrilled that external organisations are also seeing the many benefits that Harwell can offer them.
“The campus is witnessing the most significant growth seen in this sector anywhere in the UK, creating a European innovation district comparable to Massachusetts Institute of Technology in the United States.”
“Of course there are concerns and some companies are nervous and have asked about shorter leases with the uncertainty over the Brexit deal but there has been very little of that.”
What is the Harwell Campus?
The Harwell Campus is a science and technology park located in Oxfordshire, England. It is owned by the Science and Technology Facilities Council (STFC) and is home to over 120 leading science and technology companies. The Harwell Campus is a hub for innovative research and development, and provides a unique environment for businesses to collaborate and grow. It has become an important centre for the development of new technologies and is home to a number of world-leading research institutes and commercial businesses.
The Harwell Campus boasts an impressive list of tenants, including the Rutherford Appleton Laboratory, Diamond Light Source, the European Space Agency, and the UK Atomic Energy Authority. It is also home to the Culham Centre for Fusion Energy, which is the largest fusion research centre in Europe. The site also provides a range of facilities, such as a conference centre, data centre, cafe, restaurant and fitness centre. In addition to being a centre for research and business, Harwell also hosts a range of events and activities throughout the year, such as the Harwell Space Conference and the Harwell International Science and Technology Festival.
The campus is a public and private partnership between Harwell Oxford Partners and U+I Group PLC as well as two Government backed-agencies – the Science and Technology Facilities Council (STFC) and the UK Atomic Energy Agency (UKAEA).