Oxford Properties and Pioneer Group have appointed Wates Group as the main build contractor for the conversion of Victoria House in Bloomsbury Square, Central London, into a state-of-the-art life sciences hub.
Around 220,000 sq ft of the building’s 300,000 sq ft internal area will be converted into Grade A wet lab-enabled life sciences space. The property will also feature 80,000 sq ft of office, amenity, meeting and retail spaces.
Oxford and Pioneer have already leased space in the Grade II listed building to the BioIndustry Association for its new HQ.
Robin Everall, head of development, Europe, at Oxford Properties, said: “The location, amenities and historical character of Victoria House make it one of the most unique and complex refurbishments of its kind, differentiated by a mix of modern lab space and heritage design, and our aim is to transform it into a hub that will nurture life sciences ecosystems in close proximity to the city’s Knowledge Quarter.
“Wates is a leading construction company with a highly skilled team, which makes them ideally suited to undertake the refurbishment of the iconic Victoria House into a state of the art lab space. The group’s strong. ESG credentials and experience in sustainable construction methods will help us create a one of a kind, cutting-edge life sciences development in the heart of London.”
Mark Craig, regional director for London at Wates Group, added: “The conversion of Victoria House into a cutting-edge life sciences hub is a testament to Wates’ commitment to delivering innovative and sustainable spaces. We are proud to play a key role in transforming this Grade-II listed landmark into a state-of-the-art facility at the heart of London, whilst preserving and celebrating the unique heritage features it has to offer.
“As an industry leader with over 30 years of experience in the science and research space, we are dedicated to inspiring better ways of creating the places, communities, and businesses of tomorrow, fostering collaboration and advancement within the life sciences sector.”
The conversion is due to complete in autumn this year. Oxford Properties and Pioneer Group have appointed CBRE and JLL as leasing agents.
