The British Library has selected a consortium led by property developer Stanhope, working with architects Rogers Stirk Harbour + Partners, as preferred partner for a project to develop a 2.8 acre site to the north of the Library as a major new centre for commerce, knowledge and research. Alongside the extension to the library, the development will include new life sciences space and a bespoke headquarters for the Alan Turing Institute, the national centre for data science research.

This prime location development in Euston will add to a portfolio of new life sciences space including The Francis Crick Institute, Londoneast-uk’s The Cube, and Imperial White City’s I-Hub.

Sarah Haywood, CEO at MedCity, said: “World-leading scientific innovation is a cornerstone of the UK’s economy and the Golden Triangle is at the heart of the UK’s life sciences ecosystem. We are pleased to be working with the developers on this project; addressing the need for R&D space that is so important for life sciences discovery, for incubation of the next generation of companies and for translation of research from the UK’s top research institutions into new products and services. Situated next to The Francis Crick Institute and within walking distance of Wellcome, UCL and Google, it shows the depth of scientific expertise and technologies within our capital city.

“This is the latest symbol of scientific growth across the region, with new developments at Imperial White City Campus, The Cube in East London, and major expansions in Oxford and Cambridge; showing that a change in the UK’s status within the EU is not affecting our position as a science powerhouse.”

Rajesh Agrawal, Deputy Mayor for Business: “This is another exciting development for London’s flourishing Knowledge Quarter, our world-leading life sciences sector and our rapidly growing reputation for data science. It is a huge vote of confidence in the capital post-Brexit.

“London is one of the greatest scientific cities on the planet. We are internationally renowned as a bastion of research and innovation and one of the most attractive places in the world for life and data science companies to do business.

“This new investment, just a stone’s throw from the Francis Crick Institute is another huge boost to London’s  role as a global capital of science and innovation.  As well as leading to world-changing discoveries, products and services it will deliver new jobs and demonstrate that London is Open to the world’s greatest scientific minds.”

The British Library’s press release can be found here: https://www.bl.uk/press-releases/2017/april/st-pancras-transformed-development-partner

For further information please contact Kim Watson, Communications Manager, MedCity on kimwatson@medcityhq.com or call +44 (0)20 3179 8100.