Contracts exchanged on £30m Nottingham life sciences hub

Work has started on site at a new £30m life sciences building in Nottingham that will form an extension to the highly successful BioCity hub in the city.

BioCity has signed contracts with Nottingham City Council to manage the new building, which the Council says will create and safeguard hundreds of jobs in the city.As reported in East Midlands Business Link earlier this year, Sygnature Discovery, currently based in the Laurus building at BioCity, will take up 30,000sq ft of the 50,000 sq ft available in the new building.Willmott Dixon has been appointed main contractor and CPMG of Nottingham the architects. The development is expected to complete in Spring 2017.Councillor Jon Collins, leader of Nottingham City Council and portfolio holder for strategic regeneration, said: “This is a significant development because not only will it cement our position as the UK’s fastest growing life science community, bringing new investment and job opportunities in one of our key growth sectors, but it will also help to regenerate the east side of the city and bring job opportunities during its construction.” Operations director at BioCity Toby Reid said: “This is a real statement of intent for Nottingham as a leader in the life sciences sector. Not only have we ensured that a company of the standing of Sygnature Discovery has remained here, as a beacon of excellence in the sector but we’ve also been able to create further space to accommodate our own growth and that of the next generation of innovative entrepreneurs.”