Plans approved for £900m Stevenage biotech campus

UBS Asset Management and Reef Group have got the planning thumbs up to create one of Europe’s largest life science campuses in Stevenage, Hertfordshire.
The 1.4m sq ft new Life Sciences hub will be delivered alongside GSK’s existing Global R&D facility and involve an investment of £900m.
Construction is expected to start in late-2023 with completion for phase one targeted for Q4 2025.The 15-building biotech campus, which will be named ‘Elevate Quarter’, will be