- Date 23 Aug 2018
Mace’s plans for a 200,000 sq ft commercial development on the site of one of the UK’s leading science parks have been approved by South Cambridgeshire and Cambridge City planning authorities.
A Section 106 agreement for 1 – 21 Cambridge Science Park was completed on 17 August 2018, enabling the development to proceed.
The proposed development will help address the lack of high-quality commercial space needed to support the City’s long-term sustainable economic growth and continue to attract leading national and global companies.
The development arm of Mace acquired a long leasehold from Trinity College and have created a high quality scheme which will be a fantastic new asset for both the Science Park and the City. The development has been designed by architects, Scott Brownrigg
The site is at the gateway to the Science Park, and benefits from excellent new infrastructure investments including the new Cambridge North train station, the Cambridgeshire Guided Busway running alongside the site, and improvements to the A14.
David Grover, Mace’s Chief Operating Officer for Development, said:
“Cambridge Science Park was the UK’s first Science Park. I’m pleased that the Council has recognised the importance of our scheme to strengthen Cambridge’s premier position as a leader in the technology and bio-science sectors.
“The development will play a major role in building on the ‘Cambridge Phenomenon’, bringing together a world-class university, research institutes, and creative science and technology businesses and write a new chapter in the extraordinary success story of the Science Park.
“Now that planning is secured for the project the development will move into the delivery stage on site, and letting of the space through Savills as our appointed agents.”