Life Sciences Park – Land Remediation
24 Sep 2018
Summary:
Location: Selly Oak, BirminghamProject: Life Sciences Park – Land Remediation
Value of GBSLEP contribution through the Local Growth Fund: £5.18 million
Value of Project: £15.36 million
Overview
A £5.18 million contribution from GBSLEP secured via its Local Growth Fund, enabled remediation ground works to occur, preparing the Battery Park site for future construction work (due to commence in 2020) and the development of the pioneering plans to create a pivotal life sciences facility for the region.The University of Birmingham has since purchased 9.9 acres of land at the site and is working with partners to develop and construct a new Life Sciences Park. Upon completion, the Park will provide innovation facilities and co-location space for health and life sciences businesses, supporting the accelerated development and translation of new treatments, diagnostics and devices and improve the health of our citizens across the region. The uniquely located site sits at the heart of a vibrant and unrivalled healthcare infrastructure of Birmingham Health Partners (University of Birmingham, University Hospitals Birmingham NHS Foundation Trust, and Birmingham Women’s and Children's NHS Foundation Trust), the Institute of Translational Medicine (ITM) and the BioHub Birmingham, among many other centres of research and practice excellence across the region.
The Park’s innovation facilities will build on Birmingham Health Partners’ core strengths and leadership in genomics medicine, healthcare data and informatics, medical technologies development and translational medicine – exemplified by one of the largest clinical trials programmes in Europe. With excellent clinical research facilities and access to an ethnically diverse, non-transient, regional population of nearly six million, this is the perfect landscape for delivering clinical trials.
Why does this matter?
The development of the Park will:- Provide the highest quality, flexible accommodation for health and life sciences businesses, large or small, to co-locate at the heart of our region’s health ecosystem.
- Establish innovative platforms that support researchers, clinicians and industry to accelerate the development, translation and adoption of new ‘omics and AI technologies unlocking the promise of precision medicine to transform healthcare delivery.
- Create the entry point for businesses to access an integrated health research and innovation infrastructure supporting the acceleration of new treatments and healthcare technologies.
- Reinforce Birmingham’s approach to innovative partnerships, working across NHS, academia, industry and with our large, diverse and stable population to develop and deliver innovations that address the health burdens of our population.
- Train the workforce of the future needed to deliver new innovation in health research and delivery.
- Establish the West Midlands as a flagship UK accelerator site for data-enabled healthcare innovation and its adoption.
- Deliver sustainable economic growth and improved health across our region, and beyond.
