A new state-of-the-art life science incubator facility will complement Nottingham’s successful Biocity centre on the edge of the city’s Creative Quarter.
Following planning approval in 2014 construction of the new bioscience facility is underway utilising brownfield land bounded by Lower Parliament Street, Pennyfoot Street and Plough Lane. Building on the success of the adjacent Biocity bioscience incubation centre founded in 2003, the new five storey 50,000 square foot building will expand facilities in the city’s already flourishing bioscience sector, providing up to 200 specialist science jobs and enabling regeneration of the east side of the city centre.
This latest development in the bioscience sector is supported by Nottingham’s economic Growth Plan which identifies life sciences as a high growth sector: life sciences and healthcare sectors currently account for 55,000 jobs across 1,400 firms in the Nottingham city region. Nottingham is also home to leading international brands such as Alliance Boots and Reckitt Benckiser as well as local high growth companies including Aesica and Sygnature Discovery.
Alongside these new bioscience facilities, a mixed use development and related highways infrastructure works are planned on the Enterprise Zone site at the Boots, further expanding support for life science industries across Nottingham.
The new incubator facility is supported by £6.5 million from the Local Growth Fund and the project is part of the Local Growth Deal with Local Enterprise Partnership which is seeing £174.4m of investment to help accelerate economic growth across Nottingham, Nottinghamshire, Derby and Derbyshire over the next six years.
The scheme’s architect is prominent Nottingham practice CPMG who, along developer Willmott Dixon, have created a striking building which will provide the city's biosciences cluster with a public face. A large scale artwork by a local artist will be installed across the principal elevations to further celebrate the role of science in Nottingham.
Project management of the scheme has been undertaken by local construction consultant, Gleeds, who have also provided detailed cost planning advice, drawing on its experience of delivering BioCity's four-phase upgrade programme in 2012.
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