Brookfield opens ARC Oxford Science and Tech Park

International investment management firm Brookfield today launched ARC Oxford (formerly Oxford Business Park).

The demand for lab space in Oxfordshire has reached approximately 860,000 square feet, and ARC Oxford will offer new science-ready spaces to meet this demand.

Brookfield, which also manages the Harwell campus, plans to invest more than £1 billion in Oxfordshire by the late 2020s. Plans under consideration could see his current 514,000-square-foot Oxford City space double in size as it brings new laboratories, clean rooms, offices and R&D facilities to the campus.

Dan Williams, Asset Management Director at ARC Oxford, said:

“We have worked with our members to understand their needs and have been able to invest and build a cutting-edge flexible R&D space speculatively or pre-committed.

“This allows our members to increase their pace by focusing on the scientific discoveries that help solve some of the biggest challenges we face.”

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Since Brookfield’s acquisition of Oxford Business Park in 2021, ARC has already speculatively redeveloped and refurbished approximately 60,000 square feet of space for life science lab space. This has allowed the campus to create space for existing members to grow, as well as welcome three new scientific organizations.

Lab-grown meat pioneers Ivy Farm Technologies and OMass Therapeutics, drug discovery companies to treat orphans and immune disorders, are partnering with ARC for bespoke, whole-building renovations. ARC has set up his CL2 wet lab and office space for these customers totaling 18,000 square feet and 16,000 square feet respectively.

Exact Sciences, a company dedicated to developing cancer detection technologies, has acquired over 17,000 square feet of lab-ready space. In addition, current member Accession Therapeutics is developing novel immuno-oncology therapies to treat a broad range of the most difficult to treat cancers. 30% reduction in existing space.

Advanced Oxford Managing Director Sarah Haywood said: We welcome the investment ARC Oxford is making on campus and see it as an important vote of confidence from leading international investors. ”

ARC Oxford is part of the ARC’s science and technology network of clusters and participates in the Harwell Science and Innovation Campus, ARC West London and ARC Uxbridge.

The company has a potential development of 5 million square feet across the UK’s Golden Triangle, with 3 million square feet planned for the 700-acre Harwell site.

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