Mission Street and BentallGreenOak (BGO) are set to deliver a world-class science and innovation campus less than 10 minutes east of Cambridge city centre, following the acquisition of a 23-acre site on Coldham’s Lane.
The project is an opportunity to deliver an innovative masterplan of the highest quality, with a unique offering: an open innovation campus with transformative landscaping, new café and play area with access and views across the adjacent lakes as well as a dedicated pedestrian and cycle route to the city-centre.
Artem Korolev, founder and CEO of Mission Street, said: “This new acquisition provides the potential to deliver the most centrally located science and innovation district in Cambridge.
“The site will provide the opportunity to deliver our vision for the next generation of commercial science real estate in the UK: integrating the scheme into Cambridge’s urban fabric, with collaboration and sustainability at its heart. We look forward to working with the stakeholders and local community as we work through our plans.
Toby Phelps, managing partner at BentallGreenOak, said: “We continue to have conviction that the science and innovation sector in the UK will be a source of growth and opportunity for strategic, purpose-driven real estate investment. Cambridge is at the epicentre of this dynamic industry and the current severe shortage of specialist space highlights the opportunity we see in the sector. We are looking forward to working with our partner, Mission Street, and the broader Cambridge business and governmental community to bring this exciting project to fruition.”
This is the fifth and largest acquisition by the specialist science and innovation development joint venture since the partnership was formed in January 2021.
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