Two major new buildings proposed for St John’s Innovation Park
A major new office and R&D building is expected to open on St John’s Innovation Park by 2023, with plans in the pipeline for another.
St John’s College, which owns the business park in the north of Cambridge, has appointed Turnstone Estates as its development partner.
Planning permission for both buildings and a transport hub, all lying in the north-west corner of the site, will be sought in August.
Subject to approval, work will begin on the Dirac building next year, with occupation expected in the first quarter of 2023. It will offer 85,000 square feet of grade A office and R&D space, with the transport hub alongside it offering cycle storage, gym and shower facilities.
The second building will also offer 85,000 sq ft of office space.
Turnstone previously delivered the 65,000 sq ft Maurice Wilkes building - which was let to cyber security unicorn Darktrace - in 2018.
Chris Goldsmith, Turnstone’s managing director, said: “We are delighted to have been appointed by St John’s College to deliver this prominent new building, which marks not only the next stage in the evolution of St John’s Innovation Park but also our partnership with the college.
“The partnership is an ideal fit; we recognise and are committed to the long-term success of the park and look forward to working together with the college once again, adopting a pro-active and flexible approach to delivery and to generating lasting value from what will be a substantial real estate asset.”
St John’s Innovation Park is home to a host of well-known R&D, technology and life science companies, including Samsung, Raspberry Pi, Mewburn Ellis and PwC.
The college said the developments highlighted its confidence in the commercial environment in Cambridge.
Suzie Wood, investment property manager at St John’s, said: “Further to the successful delivery of the Maurice Wilkes building, the college is extremely pleased to renew its partnership with Turnstone for this next phase of the park’s development.
“Turnstone are aligned with our long-term objectives for St John’s Innovation Park and understand the complexities involved in the delivery of a project of this nature, particularly in the current environment. I am looking forward to working with them to deliver another exceptional building.”
Savills has been appointed as letting agents.
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More by this authorPaul Brackley
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