Liverpool Science Park secures three new lettings and says its laboratory space is now 100% occupied amid high demand from science sector companies. Tony McDonough reports
Liverpool Science Park (LSP) is reporting 100% occupancy for its laboratory space after securing three new deals.
These agreements total 4,589 sq ft of Containment Level 2 labs. City centre laboratory space is currently in high demand and Liverpool is no exception, with the start of the pandemic prompting a boom in demand for life sciences users.
US outfit Pierion Biosciences has expanded further following its initial inward investment into LSP’s iC3 innovation centre in 2022.
University of Liverpool spin-out ReNewVax, which aims to prevent life-threatening bacterial infections and combat antimicrobial resistance with vaccines, has also joined the community.
The final space has also been taken by another University of Liverpool spin-out and will be announced in the coming weeks.
Colin Sinclair, chief executive of LSP operator Sciontec and Knowledge Quarter Liverpool, said: “The general sentiment is that lab demand still outstrips supply, and that is certainly the case in the Knowledge Quarter Liverpool Innovation District.
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“The North West new build development lab pipeline is around 850,000 sq ft, including our new buildings, HEMISPHERE One and Two, of which a significant percentage is pre-let or in advanced negotiations.
“With lab space at LSP once again hitting 100% occupancy, innovative, research intensive occupiers are now able to lease the new-to-market labs within CENTRAL TECH, which will help to meet some of that demand in the immediate term.”
Launching on May 14 CENTRAL TECH, in the former Sensor City building, will offer more than 2,000 sq ft of prototyping labs and write-up space, in which innovators can design, make, test and validate their concepts. This follows a £2m investment by Sciontec.
Previously accessible for support services only, these labs are now available for private occupancy for the first time. They will be available to rent immediately and are ideal for start-ups, university spin-outs and corporate project teams.”