Onside Issue 3 - Summer 2015 - 14

ONSIDE / INVESTING IN SCIENCE

Bruntwood and MSP have committed to £30 million of
capital investment for the next three years at Alderley Park
to deliver 1.5m sq ft of lettable lab and workspace, to
respond to the demand and needs of a multi-occupier site,
which already features state-of-the-art laboratory and office
workspace set in the heart of idyllic Cheshire parkland.
For Norman, it represents a confirmation of his own belief in
clustering businesses in the bio and science sectors together
and allowing developments, discoveries and research to
determine the next move.
"Looking around this whole development gives an exceptional
sense of place and community as well as our opportunity
to promote collaborative working practices and shared
services," he says.
Already based at the site are biotechnology business Redx
and a spin out from that business, Redag Crop Protection.
Both businesses Acceleris has supported and invested in.
While other portfolio businesses like Yorkshire Process
Technology have been attracted to the world class lab
facilities left intact at the site when AstraZeneca moved out.
As MSP's property partner, the Bruntwood model for
property redevelopment and management will look to add
real value to the estate by breathing new life into older
buildings to diversify accommodation options for businesses
at every stage of their life cycle, from start-up businesses to
global corporate headquarters.
All of this has been helped by a high level recognition at
local and national government level in the potential of the
site. The new BioHub Incubator at the site has secured
£1.1m funding through a Regional Growth Fund (RGF)
award.
The funding will help to reconfigure space, attract new
businesses to the BioHub and accommodate up to 100 new
high-value jobs.
Operated by the specialist life science incubation company
BioCity, the BioHub is effectively a collaborative R&D
centre, allowing new and growing bioscience businesses to
benefit from the Park's high-specification research facilities
and specialist incubation support services.
Dr Chris Doherty, site director at Alderley Park for
Manchester Science Partnerships, says: "Securing RGF
support is a fantastic 'shot in the arm' for the BioHub at
Alderley Park and is another significant vote of confidence



Table of Contents for the Digital Edition of Onside Issue 3 - Summer 2015

Contents
Onside Issue 3 - Summer 2015 - Cover1
Onside Issue 3 - Summer 2015 - Cover2
Onside Issue 3 - Summer 2015 - Contents
Onside Issue 3 - Summer 2015 - 4
Onside Issue 3 - Summer 2015 - 5
Onside Issue 3 - Summer 2015 - 6
Onside Issue 3 - Summer 2015 - 7
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Onside Issue 3 - Summer 2015 - Cover3
Onside Issue 3 - Summer 2015 - Cover4
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