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Docklands selected as location for Europe’s largest commercial science laboratory

Canary Wharf in London has been chosen as the location for Europe’s largest commercial science laboratory

The largest commercial laboratory in Europe is to be built in London’s Canary Wharf.

Canary Wharf Group has partnered with Dutch developer Kadans Science Partners to build the 750,000 square foot site, which will contain both laboratories and office space.

It will span 22 floors and will be built on a vacant lot in London’s Docklands and will cost at least half a billion pounds, according to sources cited by the FT. It will be connected to the underground network via a new station.

Canary Wharf Group has partnered with Dutch developer Kadans Science Partners to build a 750,000 square foot site that will contain both laboratories and office space

The building is scheduled for completion in 2026 and is expected to be the first phase of plans to create a new health and life sciences center.

Canary Wharf is trying to create a more diverse neighborhood and move away from its status as a hub for banks and other financial institutions.

Covid has also prompted the landlord to reconsider its model of signing long-term leases for large buildings with companies after the pandemic sparked a boom in working from home and allowed many companies to downsize their office space.

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Docklands selected as location for Europe’s largest commercial science laboratory

Source link Docklands selected as location for Europe’s largest commercial science laboratory

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