As one of the leading science and research parks in Cambridge, Granta Park is ideally located in the heart of Europe’s thriving cluster of life sciences and technology-based companies. Many of the companies located within Granta park were founded to facilitate research and development from the University of Cambridge, located just six miles away.
Situated in Cambridge’s southern cluster, Granta Park’s proximity to the world-class university, as well as the Laboratory of Molecular Biology, the Human Genome Project and Addenbrooke’s Hospital, makes it ideally located to attract a diverse talent pool and facilitate excellent networking and business opportunities with venture capitalists across Europe.
The Development and Growth of Granta Park
Granta Park was established 20 years ago as an important centre for some of the most innovative science and technology companies in the country.
The park was developed for the exclusive use of high-tech companies involved in research and development. Development of the park commenced in 1998 and in 2009, the multi-occupancy Riverside Development added 68,000 sq. ft. of additional space to the Park, offering start-up space for small and medium-sized businesses. In December 2015, planning consent for a further 435,000 square feet was approved for phase 2 at Granta Park.
Work is nearing completion on a new 155,000 sq. ft. scientific research centre to house Illumina’s new EMEA headquarters, which will be ready in January 2019. This will be a two-phase project to assist with Illumina’s rapid growth. Phase one comprises laboratories, offices, landscaped terraces, a winter garden and an outdoor amphitheatre. Phase two will be an additional 70,000 sq. ft.
In addition to office and lab space for over 2,500 people, Granta Park boasts an environment built for productivity with a range of facilities and amenities on site, including a conference centre, gym, nursery, restaurant and café, as well as a Nuffield Health Club with a swimming pool, climbing wall, cricket pitch and various other sporting facilities.
The Importance of Cambridge
According to a report commissioned by pharmaceutical giant AstraZeneca, Cambridge’s life sciences cluster could contribute an additional £1bn a year to the UK economy by 2032. Forecasts show biotech firms taking up residence in Granta Park are set to create 6,000 additional jobs over the next 14 years.
The UK life sciences sector contributes over £30bn to the UK economy each year, with almost a third (£8.44bn) attributed to Cambridge’s life sciences cluster. The Cambridge cluster is one of the most successful in Europe and one of the most important hubs for collaboration and innovation in the UK science and technology sectors. It is home to over 430 life science companies and organisations, hires a workforce of more than 15,500 people, and contributes billions to the UK economy annually.
AstraZeneca, one of the biggest pharmaceutical companies in the world, is in the process of building its new headquarters at the Cambridge Biomedical Campus, while other big players in the sector are also said to be joining this prestigious cluster in the future, including Abcam.
Notable Companies at Granta Park
Granta Park hosts extensive R&D laboratories and office space but also caters to the need for purpose-built locations for the area’s expanding technology, science and biotech sectors. Some of the current and most notable residents include Illumina, CRUK, One Nucleus, Lonza, Pfizer, MedImmune and Vernalis. The following companies are all located within Granta Park:
- Alzheimer's Research UK
- Colonix Medical
- One Nucleus
- Origin Sciences
- TWI Ltd
Bidwells are UK property experts with specialised knowledge in the field of science and technology properties. The Bidwells team currently manages numerous commercial properties to let in Cambridge and surrounds.