Cambridge Science Park masterplan unveiled: 20,000 new jobs, triple the building space and a Park of Science open to all.
A masterplan to triple the building space on Cambridge Science Park, creating 20,000 new jobs and a new neighbourhood in the north of the city, has been unveiled.
The ambitious vision, including the creation of a ‘Park of Science’ open to all, could take 25 to 30 years to deliver in full and is expected to catapult the park’s annual economic output from £1billion to more than £3billion.
Chancellor Rachel Reeves was quick to welcome the masterplan for growth on what is the country’s oldest and largest science park, describing it as “exactly the kind of long-term, high-value investment the Oxford-Cambridge Growth Corridor was made for”.
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Founded by Trinity College in 1970, Cambridge Science Park has a distinguished history, with inventions, drugs and innovations created on the site having a global impact.
But the University of Cambridge college says the time is right to consider its growth for the next half a century – and to ensure the site is welcoming to the wider community.
