Science and Enterprise Park
LUSEP, the University’s Science and Enterprise Park, lies to the west of the campus, adjacent to the A512, towards Snell’s Nook Lane.
The University is developing the Park in partnership with Leicestershire County Council, Charnwood Borough Council and the Leicester and Leicestershire Enterprise Partnership.
One of the UK’s largest science parks, the existing Park comprises 19 hectares (68,000sqm) with future phases as part of the Loughborough and Leicester Science and Innovation Enterprise Zone:
Outline Planning is in place for Phase 2: 7 hectares (20,000sqm) development-ready plots
Phase 3: 27 hectares (80,000sqm) and Phase 4: 42 hectares (100,000sqm) are allocated in the local plan.
At the end of January the University acquired approximately 95 acres of land to the west of the main campus. The land purchase will support the long term academic needs of the University, including future expansion of the Loughborough University Science and Enterprise Park (LUSEP). The University will work with partners over the coming months to agree an appropriate development plan.
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 4,000 could be new jobs. Estimates suggest the development could lever over £200 million of private investment into the Leicestershire economy.
LUSEP is currently home to more than 75 organisations (2,000 workforce) ranging from high-tech start ups to R&D divisions of global companies. Major new builds are being developed as part of the Loughborough and Leicester Science and Innovation Enterprise Zone. These include the National Centre in Combustion and Aerothermal Technology which opens at the end of 2018, and will put Loughborough at the heart of UK aerospace engineering and technology development.
Occupation levels within the existing site at LUSEP are buoyant: The Advanced Technology Innovation Centre, which welcomed its 40th occupier in Spring 2018, is close to capacity with several of its largest occupiers in discussion about follow-on space.
SportPark was the first project to be completed.