Electric vehicle manufacturer YASA has taken 21,520 sq ft Unit 4 at Albion Land’s Catalyst Bicester, the final available space in the development’s first phase.
The Mercedes-Benz-owned firm has developed its own technology for electric vehicles and plans to manufacture at the new base.
Aerospace business Evolito has already taken Units 1-3 at the scheme, completed six months ago with a David Lloyd Health and Racquets Club, just off the A41.
Albion Land director Simon Parsons said: “We warmly welcome YASA to Catalyst Bicester – another revolutionary electric motor company which has chosen Catalyst.
“The response to the Catalyst development from technology, advanced manufacturing and high-performance engineering companies has been unprecedented and we are in advanced and positive discussions with other similar companies about the next five buildings.
“YASA’s arrival is exciting news for Bicester. The Oxfordshire technology and science market is flourishing and the town is established as a key location for expanding knowledge based occupiers.
“Catalyst is attracting premium technology-based companies, generating significant investment and creating high quality employment opportunities. We are looking forward to developing Phase 2 in 2023.”
A reserved matters application for phases 2 and 3 has been approved by Cherwell District Council.
Phase 2 will comprise the next five buildings which will total 121,735 sq ft, ranging in size from 17,660 sq ft to 29,615 sq ft.
Construction will start in early 2023 and be ready for occupation in late 2023.
The third and final phase is available for bespoke occupier requirements of up to 110,000 sq ft.
When complete, Catalyst Bicester will total around 300,000 sq ft in up to 13 technology buildings.
Letting agents are Brown & Co, CBRE, and Colliers International.
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