Exeter Science Park image

Exeter Science Park image

Exeter Science Park image

Vision:

The development of a world class Science Park is a significant element of the Exeter and East Devon Growth Point.

The first building is complete and occupied and construction of the second building, the Science Park Centre has just reached the 'topping off' stage (July 2014).

The Science Park will play a key role in helping to diversify and reinforce the economy of Exeter and East Devon through the development of knowledge-based businesses and capitalising on links with the technology base provided by the University of Exeter (and explicitly including Medical School) and the Met Office.

The Science Park will act as an innovation hub, to bring toghether, push forward and support a range of science-based commercial activities.

The park is available for businesses ranging from 'start-ups' & 'spin-outs' through to multi-site international businesses.  

To keep up to date with the development you can now sign up to a newsletter by visiting the Exeter Science Park website or follow the project on Twitter @ExeterSciencePk

Location:

  • Exeter Science Park is located at Redhayes in East Devon
  • The Science Park now has a dedicated lane from junction 29 of the M5
  • Bu service every 30 minutes 7 days a week
  • Near Exeter International Airport
  • One of the major schemes that make up the Exeter and East Devon Growth Point  

Size:

  • 24 hectares 
  • 68,700 m2
  • First phase 18600 m2

Availability: 

Enquiries regarding availability on Exeter Science Park should be made by telephone to 01392 722227 or by email to exetersciencepark@exeter.ac.uk or click here to visit Exeter Science Park 

Predicted investment value:

  • £240million

Expected date of completion:      

  • 20-25 years

Job creation:                                

  • 2,000 - 3,700 jobs

Current land owners:

  • Devon County Council

 Partnership:

  •  Exeter City Council, East Devon District Council, Devon County Council and the University of Exeter.
  • The Exeter Science Park Company was formally incorporated in May 2010

  

Background

Exeter Science Park is a partnership between Devon County Council, East Devon District Council, Exeter City Council, the Met Office, South West Regional Development Agency and the University of Exeter.

The Exeter Science Park Company was formally incorporated in May 2010. The Company is chaired by Professor Sir William Wakeham to lead the Strategic direction for the Science Park.

Infrastructure

The South West RDA provided grant funding of £19 million to Devon County Council to purchase the 26 hectare site from Eagle One and develop the infrastructure for the Science Park.  As well as providing a site for the Exeter Science Park, the purchase of the land from also includes land needed for major improvements to the M5 Junction 29, which will unlock the full potential of the whole Growth Point Area.

Community Infrastructure Funding (CIF) of £5 million was granted to develop a sustainable transport infrastructure to the area and provide access routes into the city centre. This includes the construction of the cycle and pedestrian bridge across the M5 directly into the Science Park and for the roads and transport infrastructure for the northern section of the Science Park.

Phase One

Eagle One has the development rights to develop Phase One of the Science Park. The rest of the site will be opened up through an OJEU tender for a developer.

Phase One will include provision of a business hotel and conference centre, a management suite for Eagle One (10,000 sq ft), and a Science Park Centre (circa 30,000 sq ft) which will act as the hub for the development, the funding partners for which are not currently in place.

Planning conditions stipulate that buildings must carry BREEAM excellent certification and occupiers must meet a Gateway Criteria which reflects the UK Science Park Association definition of a Science Park.

 

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