Proposals have been lodged for the UK’s newest innovation district in Cheltenham, Gloucestershire.
The project, which has a gross development value of £1bn, will be delivered by HBD x Factory alongside Cheltenham Borough Council and local partners.
To be known as the Golden Valley, the scheme will cover 116 acres and provide 1m sq ft of commercial space, a primary school and 1,000 homes. It is expected to attract businesses with a focus on science and technology.
The National Cyber Innovation Centre, which gained £95m funding approval last month, will sit at the heart of the campus. Separate detailed proposals for the facility will be submitted in the new year.
Cheltenham is already a technology cluster and has the largest concentration of cyber companies outside of London, complemented by businesses specialising in artificial intelligence, deep tech and quantum computing.
Adam Brady, executive director at HBD, said: “Golden Valley is the first development of its kind to be delivered in the UK – it sits at the heart of the government’s cyber and technology strategy and underpins the UK’s ambitions to become a science and technology superpower by 2030.”
Mike Collins, cabinet member for cyber, regeneration and commercial income at Cheltenham Borough Council, said: “Here in Cheltenham, we will be host to a cyber and technology-focused campus which, subject to planning permission, will provide the catalyst for delivering economic growth for the town and regeneration of local communities.”
To send feedback, e-mail evelina.grecenko@eg.co.uk or tweet @Gre_Eve or @EGPropertyNews
