MedCity congratulates the British Library, Stanhope PLC and Mitsui Fudosan on today’s signing of a visionary agreement for the creation of a major new hub at the heart of London’s Knowledge Quarter, adjacent to Kings Cross.

This almost one-million square foot, multi-million-pound agreement offers the opportunity for one of the most dynamic areas of the knowledge economy and life sciences ecosystem in the UK to grow on an unprecedented scale.

In addition to the expansion of the nationally treasured institution that is the British Library, which will provide additional exhibition space, more openness to the local community and the public in general, the space will house a permanent home for the national centre for big data excellence, the Alan Turing institute.

Situated adjacent to St Pancras station, the project sits between the internationally renowned Francis Crick Institute, globally top-ranking university UCL, the world’s second largest health research charity The Wellcome Trust, and the London Biosciences Innovation Centre. With its proximity to Google and emergent pioneer companies such as Benevolent A.I, the development offers tremendous opportunity for pioneers in life science, A.I. and multiple related fields.

MedCity CEO Sarah Haywood commented, ” MedCity has been proud to have worked with Camden, Mitsui Fudosan and Stanhope to help see the potential and vision for this site evolve as it has- we are further heartened by the possibilities offered to further build on our links between our partners and colleagues in Japan and the UK science base.”

The British Library project now joins a number of successful expansions being undertaken for the sector by Imperial College and others in the White City zone of London. These facilities are providing a science and knowledge base for London innovation, with next generation facilities to parallel the best in the world.

Congratulations to all involved.