The Crown Estate is set to expand the Harwell Science and Innovation Campus in Oxfordshire by acquiring a 221-acre site adjacent to the existing facilities.
This new area, known as Harwell East, is designated for the construction of approximately 4.5 million square feet of office, laboratory, and manufacturing space, along with the potential for up to 400 new residential units.
Currently used as farmland, this acquisition will enhance the already significant profile of the Harwell campus, which hosts notable organizations such as Moderna, a vaccine developer, and the UK Space Agency. Over the past two years, more than 50 organizations have established a presence in this leading scientific hub.
The development of Harwell East aims to address the growing need for specialized laboratory and advanced manufacturing facilities, particularly for early-stage businesses that struggle to find adequate space in locations like Oxford.
Dan Labbad, the chief executive of the Crown Estate, emphasized the importance of providing specialized facilities to support the UK”s science, innovation, and technology sectors. He stated, “The UK”s science, innovation and technology community is pushing the boundaries of progress in areas from AI to advanced manufacturing. But they need the specialized lab facilities and housing to realize potential.”
Science Minister Lord Vallance highlighted that the opening of Harwell East could significantly benefit local businesses and innovators, providing them with the necessary resources to address contemporary challenges. He mentioned that this site”s vast economic potential is crucial to fully unlocking the Oxford-Cambridge growth corridor, which is aimed at fostering nationwide growth.
The Crown Estate has committed to investing up to £1.5 billion in the UK”s science, technology, and innovation sectors over the next 15 years. While it operates as an independent business, the Crown Estate is owned by the reigning monarch and manages a property portfolio valued at £15 billion, which includes significant holdings in London”s West End.
Profits generated by the Crown Estate are partially allocated to support the monarchy”s activities, further linking economic growth with royal responsibilities.
