Planning approval for three major new buildings at TOSP is significant for Oxford life sciences sector
- Planning approval for three major new buildings at TOSP is significant for Oxford life sciences sector
- Plots 23-26 to provide 400,000 sq ft of lab & office facilities
Planning approval has been granted for three new state-of-the-art laboratory and office buildings on The Oxford Science Park (TOSP), one of Europe's leading locations for science and technology companies. The 400,000 sq ft scheme, the first stage of which is expected to complete by the end of 2024, provides significant grow-on space for the Park’s flourishing occupiers as well as new companies from the global life sciences sector. The approval further cements Oxford’s position as a world-wide centre of excellence for research and innovation.
The planning consent follows a successful public consultation on the development with the local community and the Park’s occupiers. Work on the buildings is expected to create highly skilled local jobs and a significant boost to the regional economy. Biodiversity will be protected and enhanced throughout the development, which will target an Excellent rating under the construction industry’s sustainability standard, BREEAM. This will include sustainable design and reduction of carbon use during construction.
Rory Maw, CEO of The Oxford Science Park, said, ‘Following very constructive discussions with Oxford City Council, we are delighted to have planning permission for these three new high performance laboratory and office buildings on Plots 23-26. I’d like to thank our occupiers and the local community for their support and everyone on the project team for their hard work towards this important milestone. With The Iversen Building due for completion this summer and plans for the Ellison Institute on Plot 18 submitted for approval, The Oxford Science Park is securing its position as the leading centre of innovation activity in Oxford.’