Work is to start imminently on Catalyst Bicester, a £100 million scheme which will ultimately deliver 300,000 sq ft of space for technology firms and a David Lloyd health club.
The first phase of the Albion Land developer, consisting of four buildings ranging in size from 10,000 sq ft to 22,000 sq ft, will be ready for occupation early next year.
The developer has also completed the sale of four of the site’s 25 acres to David Lloyd for a new Health and Racquets Club, which will include a gym, indoor and outdoor swimming pools, racquet courts, café and restaurant. Work on that will start in Summer 2021 with completion in 2022.
Simon Parsons, director of Albion Land, said: “We have started the project, our third major investment in Bicester, to deliver workspace, jobs and contribute to the local economy. Catalyst Bicester will provide a new style of development in response to demand from technology, advanced manufacturing and high-performance engineering companies and create many new jobs, while helping to reduce out-commuting from the town.
“The site enabling works are advanced and we have completed the four-acre plot sale to David Lloyd.
“They will undertake their own construction of the new health club to create an exciting amenity for both the town and future occupiers.
“Our focus now is to complete the highway works to ensure that the project is connected to the cycle, foot and bus network and to construct the first phase of technology buildings to respond to the high demand in the area from knowledge-based businesses.”
The technology space, which is expected to gain BREEAM Very Good rating, will provide employment for 1,750 people. The site is adjacent to a new Holiday Inn Express.
Letting agents are Brown & Co, Colliers International and VSL.
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