Loughborough University
Leicestershire, UK
LE11 3TU
+44 (0)1509 222222
Loughborough University

Community Information

Science and Enterprise Park

In January 2013 the University announced that ambitious proposals for an expanded Science and Enterprise Park were being developed with local partners.  The project brings the exciting prospect of a substantial long term boost for the local economy and employment.

The project has the backing of Leicestershire County Council and Charnwood Borough Council, as well as the Leicester and Leicestershire Enterprise Partnership, who all recognise the importance of the expansion of the Science and Enterprise Park for strategic economic development.

Expansion opportunities will be created for growing local businesses and the Park will also attract national and international inward investment.  Developments on the site will be supported by financial backing from a range of private and public sponsors.  Leicestershire County Council and Charnwood Borough Council have already committed support of £1.5 million and £0.5 million respectively.

The successful development of the Science and Enterprise Park has been underway for many years, with the most recent addition being SportPark, opened in 2010.  Whilst the whole project will be developed over the next 15 to 25 years, discussions are at an advanced stage for the next two buildings.

Outline planning permission has already been agreed for a 7.8 hectare site where the first projects will be located.  In the longer term further expansion on 22 hectares of land also owned by the University is anticipated.

When fully developed the Science and Enterprise Park will provide up to 200,000m² of floor space and house businesses employing as many as 6,000 people, of which about 4000 could be new jobs.  Estimates suggest the development could lever over £200 million of private investment into the Leicestershire economy.

The priorities for the University and its partners over the coming months include competing plans for the next projects for the site and developing a marketing strategy to allow the full potential of the scheme to be realised.

The University’s existing Science and Enterprise Park is already one of the largest in the UK, with 63,000m² of floor space.  It provides a home to 40 tenant partners and has a combined workforce of around 2000 people.

SportPark was the first project to be completed.