Bruntwood SciTech appointed as development partner for £210m Birmingham Health Innovation Campus
The development of Birmingham Health Innovation Campus (formerly known as Birmingham Life Sciences Park) has taken a major step forward today, with the announcement of a new long-term partnership between the University of Birmingham and the UK’s leading property provider for the science and technology sector, Bruntwood SciTech, a 50:50 joint venture between Bruntwood and Legal & General.
A £210m, 10-year masterplan will be developed for the Campus, which will provide up to 657,000 sq ft of state-of-the-art lab, office and incubation space acting as a catalyst for the growth of the Midlands’ life sciences sector. It is set to create upto 10,000 new jobs and contribute £400m GVA to the regional economy by 2030.
The Campus was recently awarded Life Science Opportunity Zone status by the Department for Business, Energy and Industrial Strategy (BEIS) and has been awarded development funding from Birmingham City Council and the Greater Birmingham and Solihull Local Enterprise Partnership. It sits at the heart of an important cluster of health excellence led by Birmingham Health Partners (BHP), a strategic alliance between the University of Birmingham, University Hospitals Birmingham NHS Foundation Trust and Birmingham Women’s and Children’s NHS Foundation Trust.