The Crown Estate is set to expand the Harwell Science and Innovation Campus in Oxfordshire following the acquisition of a 221-acre plot of farmland adjacent to the existing facilities. This new area, known as Harwell East, is planned for the construction of approximately 4.5 million square feet of office, laboratory, and manufacturing space, along with up to 400 new homes.
This strategic acquisition will enhance the existing science hub, which is already home to prominent organizations such as vaccine manufacturer Moderna and the UK Space Agency. Over the past two years, more than 50 companies have joined the Harwell community, reflecting its growing importance in the scientific landscape.
The development of Harwell East is anticipated to address the increasing demand for specialized lab and manufacturing space, particularly for early-stage businesses in the Oxford area. The Crown Estate has noted a significant shortage of suitable facilities, which poses challenges for these companies wishing to establish or expand their operations within the UK.
Dan Labbad, the chief executive of the Crown Estate, emphasized the need for advanced facilities to support the UK”s science and technology sectors, stating, “The UK”s science, innovation and technology community is pushing the boundaries of progress in areas from AI to advanced manufacturing. But they need specialized lab facilities and housing to realize potential.” He further expressed that Harwell East aims to create an environment where scientific endeavors can thrive, benefiting not just the region but the entire country.
In support of this initiative, Science Minister Lord Vallance remarked that the new development could significantly assist local innovators and businesses in addressing critical challenges they face. He highlighted the importance of providing access to necessary labs, facilities, and housing to facilitate their work. He affirmed that unlocking the potential of the Oxford-Cambridge growth corridor is vital for driving economic growth nationwide.
Additionally, the Crown Estate has committed to investing up to £1.5 billion in the science, technology, and innovation sectors throughout the UK over the next 15 years. While it operates as an independent entity, the organization is owned by the reigning monarch and manages a property portfolio valued at £15 billion, which includes significant assets such as those in London”s West End. The profits generated are partially allocated to support the monarchy”s functions.
