Harlow Innovation Park
This is an opportunity to forward fund or acquire future assets at the developing 10-hectare Harlow Innovation Park on an individual or multiple plot basis.
Harlow Innovation Park is located within the dynamic UK innovation corridor.
The investment opportunity offers 46,451 square metres of flexible office, mid-tech and laboratory commercial space targeted at the life sciences, ICT digital and advanced manufacturing sectors.
Location:
Harlow, Essex
Investment type:
Capital investment - real estate
Sector:
(Greener buildings, Real estate, Offices, Science & innovation, Industrial, Logistics)
Project promoter:
VINCI UK Developments, Wenbridge and Harlow Council
Scale:
£150 million GDV
Planning status:
Outline planning obtained
Time to Final Investment Decision (FID):
0-6 months
Sector and market opportunity
Harlow is home to a growing number of science and technology businesses. Organisations including Raytheon, Pearson, and Arrow Electronics are located nearby on Kao Park within the Harlow Enterprise Zone.
Harlow will host the UK Health Security Agency’s £400 million national science hub, anticipated to generate significant supply chain opportunities. Harlow Innovation Park is supported with Enterprise Zone Status and has been granted a Local Development Order for efficient delivery.
Location
Harlow is an established location for both national and international life sciences occupiers including Charles River, Teva Pharmaceutical Industries, and Clement Clark.
Close to the UK Health Security Agency national science hub and a new digital pathfinder hospital; and with strong science and technology skills available, supply chain requirements are growing.
Located in an area with a global reputation for excellence in scientific research, Harlow’s own reputation as a centre for innovation and scientific research is growing.
Connectivity
Harlow has excellent transport connections to London (just 35 minutes away by rail) and London Stansted Airport (20 minutes by car). Current highway improvements will provide efficient connectivity to the new junction 7a on the M11 motorway.
Local talent and skills
Harlow offers a readily available local labour and talent pool. It has a strong science and technology skills base recognised by existing and new occupiers.
Research and expertise
Stakeholders in the area and the innovation park are:
- Anglia Ruskin University (with incubator presence on the park)
- Harlow College (local skills provider)
- Harlow Council
- South East Local Enterprise Partnership
- the UK’s Health Security Agency (local employer and occupier on the park)
- UK Innovation Corridor (inward investment agency)
Further details
The site has masterplan consent, permitting buildings up to a total of c.50,000 square metres.
5 development phases are planned. The Nexus and Arise buildings within Phase 1 are already complete. Occupiers include UKHSA, Renesas and ARU.
The Phase 2 MODUS buildings are mid tech advanced manufacturing spaces and are now completed with SMARTKAS and Xylem soon to occupy space.
Phases 3 to 5 are available for discussion with investors comprising in total around 40,000 square metres.
Environmental, social and governance (ESG) highlights
The site campus environment provides for modern occupier requirements.
This will include a café and shared workspaces, mature landscaped parkland and woodland surroundings, and architect-designed energy conscious spaces.
Promoters and partnerships
The project promoter and developer is VINCI UK Developments, working in a joint venture with the site owners, Harlow Council.
The development is also supported by the South East Local Enterprise Partnership.
Local and national government support
Supported by South East Local Enterprise Partnership and Harlow Council. Granted Enterprise Zone and Local Development Order status.
