The University of Lincoln says the city will soon become home to some of the finest scientific minds and most innovative high-tech businesses in the UK, thanks to its new ambitious plans for a 10-acre science and innovation park.
Working with the Lincolnshire Co-operative a disused plot of land and buildings on Green Lane (off Tritton Road) will become home to a mix of university and commercial enterprises. The site will also house the university's School of Life Sciences and the proposed new School of Pharmacy in Becor House which will be refurbished.
State-of-the-art laboratories and teaching spaces for disciplines such as biology, biomedical science and bio-veterinary science will be created. In addition it is hoped other businesses and high-tech companies in the fields of pharmaceutical science and biotechnology as well as scientific and industrial development and engineering will be attracted to the development.
– University of Lincoln Vice Chancellor, Mary Stuart
This is a tremendously exciting step for the University as we strengthen and grow our science provision, and one which will bring massive benefits to the city in terms of employment and inward investment. Highly skilled professionals who have previously looked outside Lincolnshire for career opportunities will be attracted to the area or be encouraged to stay, and the potential to bring in new investors and high-tech businesses to boost the local economy is enormous. Our shared vision with Lincolnshire Co-operative is to build a vibrant and successful community of knowledge creators and businesses, working together creatively to promote enterprise, employment, investment and education in Lincoln.
The University of Lincoln says co-locating academia and commerce will bring benefits for both the university and the Lincolnshire Co-operative with possible investment in the site by both parties reaching £14 million.
– Lincolnshire Co-op Chief Executive, Ursula Lidbetter
We think there’s a huge opportunity to turn this underused site into a stimulating place to work and study. It’s an ideal location for a science park as it’s so close to the university campus and Lincoln city centre. As a co-operative, we share our profits with our members and their communities and we want to be involved with developments like this which will bring employment opportunities and investment to the city. We also run 47 pharmacies across our trading area and are keen to support the proposed new School of Pharmacy. We’ll be able to offer placements to students during their courses, and then potentially job opportunities. Our pharmacists will be able to take advantage of the facilities for their professional development.
Initial work on the complex will be completed by the end of 2013, with between 1,200 and 1,500 science students based there, along with around 100 academic and research staff.