Specialist sciences developer Mission Street and BGO have secured resolution to grant planning consent for a purpose-built commercial science scheme totaling 180,000 sq ft
The new build commercial science scheme will provide full flexibility of wet labs and offices across 5 floors in what will be a next-generation commercial sciences building.
Fabrica will provide the first commercial science schemes in the West End, Oxford’s central science district, which is set to be transformed over the short and medium term in response to a shifting trend towards more sustainable, easily accessible urban science locations.
BGO and Mission Street are providing over 1.5m sq ft of lab and office space in key strategic UK locations
Over 2 million sq ft of commercial and University science buildings have been identified within the West End pipeline.
As part of a joint venture, BGO and Mission Street is delivering over 1.5m of lab and office space in key strategic UK locations, including the “ Golden Triangle” of Oxford, Cambridge and London.
CBRE and Bidwells are advising on the leasing.
Fabrica is the largest commercial sciences scheme to gain consent in central Oxford
Artem Korolev, CEO of Mission Street, commented: “The decision to grant planning permission for Fabrica is a significant statement for the city of Oxford and for the Mission Street-BGO joint venture.
“This is the largest commercial Sciences scheme to gain consent in central Oxford and recognises the growing trend towards urban Science.
“The benefits for future occupiers are clear – proximity to Oxford train station and the city centre provides access to wider talent pools, ability to adopt sustainable travel methods, access to the amenities and cultural offerings of the city centre as well as the key anchors including the University.
“We’re extremely excited to be at the forefront of this transformation of the West End.”
