A three-storey business building as part of phase two of the Lincoln Science and Innovation Park is set to be approved by the City of Lincoln Council.
The new office block, which forms part of the multi-million pound development, would provide ‘grow-on space’ for up and coming firms.
The second phase of the development is set to be built west of Poplar Avenue and north of Beevor Street.
Since it opened, Lincoln Science & Innovation Park has created 12,000m2 of renovated and purpose-built space that is home to a science and tech community.
Phase Two of the park’s development aims to continue this success by creating an environment to engage larger and expanding businesses.
Phase Two will offer bespoke developments for sole-occupancy to medium and large knowledge-intensive businesses.
Buildings will range in size from 5,000 to 27,000 sq ft (500m2 to 2,500m2) over six landscaped acres of the current park, with access to its facilities and services. The land has outline planning consent for 12,000m2 of new development, however individual applications will be submitted.
Lincoln Science and Innovation Park is a partnership between Lincolnshire Co-op and University of Lincoln which offers a new hub for private sector investment and innovation, alongside state-of-the-art academic research science facilities in the centre of Lincoln.
Tom Blount, Director of Lincoln Science and Innovation Park, said previously that the ‘grow-on space’ would be the first of many applications to go to planning.
He told CityX: “We’re intending to put in full planning consent on a building by building basis rather than for the whole site.
“This is because we’re expecting each of the buildings to be quite bespoke to the individual needs of the occupier, as you would expect in technology-focused applications.
“I’m hoping to break ground in the Autumn, with new buildings following at the rate of about one every 18-24 months thereafter.
“Assuming everything goes to plan, the first tenants should be moving in during the first half of next year for our first speculative building.
“However, it takes us about 18-months from the start of a new building design project to completion, so the design and build projects we’re starting to work on will be a bit later than that
“We’re also expecting to develop industry-led research and development institutions alongside the University of Lincoln.
“Lastly, we’re expecting to put up several larger buildings for more substantial businesses. Altogether, we’re expecting Phase Two to cover about 12,000m2 across six-acres and it will take us 8-10 years to build out.
“Phase Two tenants will enjoy the advantages of being part of the science park, while having their own stand-alone buildings. They will be part of our thriving science and tech community and a successful, collaborative Science Park.
“They will be on site with University of Lincoln researchers and technicians with access to students and graduates for internships and employment. They can tap in to the facilities and academic expertise at Joseph Banks Laboratories and the business networks and facilities at Boole.
“There’s also dedicated parking, 24/7 security and it’s handy as it’s close to city centre amenities and Lincoln’s Transport Hub.”
Members of the planning committee at the City of Lincoln Council will discuss the ‘grow-on space’ proposals on December 4.