Chesterford Research Park is delighted to announce that construction on the Newnham Building will begin in January 2019. The work is estimated to take 16 months with completion scheduled for May 2020. The Newnham Building will provide up to 3,484 sq m / 37,500 sq ft of fully fitted laboratory and write up space at the heart of the Cambridge biotech cluster
Ideal for occupiers looking for grow-on space, the Newnham Building will create a detached two-storey laboratory/R&D building situated within a prominent position on the Park. Arranged over ground and first floors, the building will also benefit from 111 parking spaces.
Internally, the building will provide a newly constructed double height glazed reception entrance to the western entrance as well as a new entrance to the eastern end of the building. Passenger lifts will be incorporated at each entrance, in addition to passenger/goods lift facilities. The floorplates are broadly rectangular in configuration, benefitting from the core facilities at each end. The first floor will also have access to a new terrace overlooking the wider Park and landscaped areas.
Significant plant loft space makes the building capable of being occupied by a range of laboratory/R&D occupiers, either in part or as a whole. The flexibility of the building also gives it the capability to cater for a range of needs in terms of technical configuration, as well as sizing.
Julian Cobourne, Senior Asset Manager, Aviva Investers, joint owners of Chesterford Research Park alongside Uttlesford District Council commented: “We are delighted to move forward with the work to the Newnham Building. There is a clear requirement within the cluster for additional grow-on space and the Newnham Building will offer that next step up for companies looking to expand. The flexibility of the space makes it suitable for either single or multi-occupier layout and the fully-fitted nature of the laboratory space adds a level of plug-and-play convenience rarely seen at this level. Bringing forward the Newnham Building at this stage responds to the needs of a growing market and clearly bridges the gap between pure start-up space and the larger, more established life-science ventures.”
Martin Sylvester, Director, The Churchmanor Estates Company Plc, Chesterford Research Park’s development partner added: “The Newnham Building’s prominent position on the Park, coupled with Chesterford’s excellent reputation within the cluster has meant we have already seen significant interest from current occupiers looking for grow-on space, as well as from ventures new to Chesterford Research Park. We very much look forward to seeing work on site commence in January.”
