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Oxford Science Park Wins Consent for New Phase

LONDON-Planning permission has been granted for a new 50,000-sf building at the northern edge of the Oxford Science Park, developed by a joint venture between Magdalen College, Oxford and the Prudential.

By Graham Parker | Updated on April 07, 2003

LONDON-Magdalen College, Oxford and the Prudential have been granted planning consent for a further phase of development at their successful Oxford Science Park. Consent has been granted for a 50,000-sf office building, designed by Hamilton Associates. The space will be suitable for either office or laboratory use.

Prudential’s Jane Holliday said that construction of the new three-storey building, overlooking a new lake, will not begin until a pre-let is in place. “The times are not right for speculative development but we continue with plans for future buildings as part of our long-term commitment to the scheme. It is important to be able to press the button swiftly when the requirement is there,” she said.

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