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£125m Oxford Project Transforms Store into Science Hub
5 Apr
Summary
- A former Oxford Debenhams store is being redeveloped into lab space.
- The £125m project is scheduled to begin construction in 2027.
- It aims to create world-class science facilities in the city centre.
A significant £125m project has been approved to convert a former Debenhams department store in Oxford city centre into specialized laboratory space. This initiative, spearheaded by The Crown Estate in partnership with Oxford Science Enterprises and Pioneer Group, aims to revitalize the vacant store located at the junction of Magdalen Street and George Street.
Planning permission for the redevelopment was secured last month. The project is slated to commence in the first half of 2027, with an expected completion date in 2029. The development will not only provide cutting-edge facilities but also feature a STEM outreach program in collaboration with Oxford City Council.
Kristy Lansdown from The Crown Estate highlighted the project's potential to create premier science facilities. The goal is to support innovative start-ups and scale-ups, thereby enhancing Oxford's standing in the scientific sector and contributing to its economic prosperity. The location is noted for its historical significance in both culture and scientific advancement.
