Plans for Leicester’s £17m Science Park have taken a major step forward following the selection of a preferred developer
Leicester Regeneration Company and Leicester City Council have chosen Creswell Estates to develop the 120,000 sq ft (11,148 sq m) purpose-built scheme in the Abbey Meadows area of the South-Midlands city.
The project, which was designed by SMC Corstorphine & Wright, will comprise 56 research, development and production units designed to accommodate hi-tech businesses, including those ‘spun’ out of university research.
John Nicholls, chief executive of Leicester Regeneration Company, said: ‘This is another milestone for Leicester’s Big Build. The designs submitted by Creswell Estates were far beyond our expectations for the site, and we are really looking forward to working alongside them in their delivery of one of the city’s key regeneration projects.’
Bob Worraker, managing director of Creswell Estates, told Leicester residents that he is looking forward to playing ‘a major part in the city’s renewal.’
The developer will now draw up a detailed development agreement and make an application for detailed planning permission for the project. North Rae Sanders advised Creswell Estates.
Leicester Science Park is one of five key projects in the city’s big build masterplan and is part of £3bn of regeneration activity that is taking place across the city over the next five years.