The University of Birmingham, together with University Hospitals Birmingham and Birmingham Women’s and Children’s NHS Trusts, has appointed a joint venture between Bruntwood and Legal & General to deliver its new Birmingham Health Innovation Campus.
The 10-acre campus will have over 657,000 sq ft of state-of-the-art laboratory, office and incubation space for health and life science businesses.
Known as Bruntwood SciTech, the joint venture partner will invest over £210m, creating over 10,000 new jobs by 2030.
Andy Street, the Mayor of the West Midlands, said: “Life sciences is an incredibly exciting and important sector that we have been quietly growing in the West Midlands over the last few years. Now with today’s announcement we are cementing our ambition to be one of the global leaders in this sector.”
Eleanor Jukes, strategic investment manager for future cities at Legal & General Capital, said: “Over the next 10 years this landmark scheme will unlock over 10,000 new jobs and contribute around £400m to the local region, acting as a major catalyst for economic recovery in the wake of Covid-19.”
The first phase, a 130,000 sq ft, six storey business incubation space, is expected to be completed in 2023, following public consultations.