Oxford has marked a major milestone in its ambition to be a world-leading centre for science and technology with the official opening of Oxford North, a £1.2 billion flagship innovation district.
The development, designed as a powerhouse for the future UK economy, was formally opened yesterday by Lord Hague of Richmond, Chancellor of the University of Oxford.
The 64-acre scheme, located just minutes from Oxford city centre, has consent for around one million sq ft of flexible laboratory and office accommodation to support the full lifecycle of science and technology companies – from start-ups and university spin-outs to global leaders in AI, quantum computing, biotech, and foodtech.
Delivered by Oxford North Ventures, a joint venture between Thomas White Oxford (the development company of St John’s College), Ontario Teachers’ Pension Plan, and Stanhope, the district represents a long-term commitment to UK research and innovation.
Phase 1A, totalling 158,500 sq ft of workspace including two new laboratory buildings and The Red Hall, is now complete.
Read more: Olafur Eliasson unveils first permanent UK public artwork at Oxford North
Lord Hague said: “We’re here to celebrate this iconic addition to the region’s innovation landscape. Oxford is a unique hub with an exceptional 900-year history, and is synonymous with life-changing scientific and technological breakthroughs. The continued investment into next generation infrastructure and inclusive opportunities such as Oxford North means this an exciting time to be part of this city.”
The project is set to create Oxford’s first seven-day-a-week mixed-use science district, featuring new public realm, amenities and housing. Among the highlights is Fallaize Park, a two-acre public space showcasing Your planetary assembly, the first permanent public artwork in the UK by Olafur Eliasson, inspired by solar system models from the University of Oxford’s History of Science Museum.
Sustainability is central to the masterplan, with the aim of delivering a ‘net positive’ development. Since 2021, more than 2,000 construction workers – including over 50 apprentices – have been employed on site, and once complete, Oxford North is expected to boost the local economy by £150 million per year.
Jenny Hammarlund of Ontario Teachers’ Pension Plan described Oxford North as “one of the UK’s leading incubators for the discoveries that will shape the rest of this century.” Professor Lady Sue Black, President of St John’s College, added that the scheme would “help to retain the exceptional talent in the city and to create opportunities for inclusive growth.”
David Camp, CEO of Stanhope, said the unique consortium behind Oxford North “ensures that the quality of accommodation, public realm and amenities is maintained,” positioning it as one of the UK’s most exciting innovation communities.
