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Space, Life Sciences and Energy Take-off On Campus

22 February 2018
 

Lettings figures announced on Thursday Feb 21 for the Harwell Campus in Oxfordshire show that Harwell let 160,000sq.ft of new speculative Grade A space in 2017, which equals 40% of the total Oxford region.

This is the largest combined commercial take-up and development of new space ever seen in Oxfordshire.

Of those lettings 83% went to tech companies working across the Space, Life Sciences and Energy sectors with half expanding on, and half locating to, Harwell.

Recent lettings activity includes securing GMV, AgSpace, Mirion, Keit Ltd, SMS Environmental and Longwall Ventures, taking c20,000sq.ft of space between them for a mix of office, lab and high-tech manufacturing purposes.

The attraction for tech companies lies in being co-located with £2 billion of national labs and open access facilities, on-Campus investment and funding opportunities, and a range of leases for companies of all growth phases from start-ups to multinationals.

If year on year growth continues, the Harwell Campus Partnership is close to using up the 400,000sq.ft granted in 2013, whilst simultaneously preparing to submit the next application of 750,00sq.ft of commercial accommodation in the first half of 2018.

With a total of 5.5millionsq.ft of planned development and 1.5millionsq.ft to be developed by 2025, Harwell Campus is set to be the largest rejuvenation and commercial property growth project ever seen in Oxfordshire.

Picture: An aerial shot of the Harwell Campus

 

 

 

 

Article written by Brian Shillibeer | Published 22 February 2018

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