Comprising three campuses – a learning campus for the university, a health and well-being campus, as well as the business and enterprise campus, University Park will provide brand new offices in Worcester, together with high tech workspace and light industrial units.
The University of Worcester, currently one of the fastest growing universities in the country, acquired the 47-acre site to provide for its future expansion, together with plans to integrate this with a science and enterprise park to enhance links between the university and the local business and scientific community.
The university appointed property company Wrenbridge Land as its joint venture partner last year to develop 10 acres of the park, which will incorporate an innovation centre and a 225,000 sq ft business and science park. Alongside an 80-bedroom hotel and a health and fitness centre, this will provide new office space in Worcester, as well as hybrid workspace for a range of research and development related businesses, including pharmaceutical, medical, sport, healthcare and wellbeing to companies involved in science, technology and the environment, from agricultural technology and software developers to robotics and aerospace.
“University Park offers a very exciting opportunity to create a dynamic new centre for our region,” said Professor David Green, University of Worcester Vice Chancellor. “The university is deeply committed to working in partnership with businesses and scientific and health organisations to create a vibrant productive centre of the 21st-century economy. University Park will not only help us share knowledge and expertise for mutual benefit, it will provide new facilities and job opportunities for the people of the region.”
Working alongside joint agents BNP Paribas and Harris Lamb in Worcester, Mark Robinson Partner of office specialists KWB, said: “University Park represents one of a very limited number of business parks available in Worcestershire. Through its development, we hope to provide high tech workspace and offices in Worcester that will permit existing local occupiers to expand, whilst attracting fresh companies to the city.
“The site will enable the university to continue with its expansion unhindered, and will also give the opportunity for graduating students to establish their own company in the Park’s innovation centre. Not only is University Park one of the most exciting business parks on the M5 corridor, for which we have already started a serious dialogue with a number of occupiers, it will also create much needed new grade ‘A’ offices in Worcester.”