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£200m Cambridge lab deal – the client team

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Plans to deliver a £200 million lab facility in Cambridge have been approved – with procurement for a contractor imminent.  

3D of £200m cambridge lab
Credit: BioMed Realty
by Rory ButlerDecember 1, 2022

BioMed Realty won approval for a 600,000 sq ft laboratory at Cambridge International Technology Park, with backing from private investment firm, Blackstone Inc. 

BioMed, a lead provider of property solutions to the life science and technology industries, acquired the site in September 2021. Procurement for a lead contractor will start in Q1 2023. 

In the longer term, the company intends to bring up to 1 million sq ft of lab space for life science companies, in Cambridge. 

Cambridge lab 

  • ‘Excellent’ BREEAM score 
  • Net gain in biodiversity 
  • 2,700 highly-skilled jobs 
  • Construction early next year
  • First phase delivery in 2024 

On the job 

  • Scott Brownrigg architects 
  • Turner and Townsend 
  • Atelier Ten 
  • Ramboll 

“We can now deliver a scheme that will help advance Cambridge as a global home for research, while supporting the local economy,” said Tim Schoen, BioMed Realty CEO. 

The UK’s life sciences sector contributes more than £85 billion to GDP each year. Cambridge is currently home to more labs than anywhere else in the UK. 

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