MEPC has announced the completion of its £40 million Nebula development at Milton Park, the UK’s largest single ownership innovation community.
Comprising seven sustainable R&D workspaces totalling nearly 80,000 sq ft, Nebula’s design and build focused on environmentally conscious materials, such as incorporating glue-laminated (glulam) structural timber beams in place of steel, in what is believed to be a UK-first for a R&D workspace.
The completion follows the announcement of a refreshed Local Development Order (LDO) at Milton Park. As the UK’s first data-driven, green-focused planning agreement, the LDO is expected to support thousands of new jobs and permit 4.2m sq ft of development. In the coming years, it will streamline planning decisions for its occupiers to just ten days, bringing forward new flexible laboratories, offices and amenities.
“Modern, high-tech facilities are essential to taking full advantage of rapidly developing science and technology and in fulfilling our ambitions for the Oxford-Cambridge corridor to be an economic engine for the whole of the UK.
“Nebula’s new development of large-scale innovation space will support a range of growing industries, helping businesses to get off the ground and progress, and in turn supporting this Government’s number one mission of economic growth.” – Science Minister and Oxford-Cambridge Innovation Champion, Lord Vallance
Nebula’s occupiers will benefit from MEPC’s £7m infrastructure investment to enhance Milton Park’s energy capacity, alongside electric charging provision for up to 32 vehicles.
For more information on Nebula, click here.
