Work on the new Ada Lovelace Building at Exeter Science Park has begun.
The 20,000 square foot speculative office and laboratory space will aim to be net zero carbon for operational energy as a result of innovative design features, including 44kw solar roof-mounted solar-voltaic panels.
The Ada Lovelace Building is named after the 19th Century mathematician and computer scientist and is being built by Midas Construction, part of the Midas Group.
Exeter Science Park Limited is the Park developer and has four shareholders: Devon County Council, the University of Exeter, East Devon District Council and Exeter City Council.
A turf-cutting ceremony marked the start of work on the building which is due for completion in November 2020 and will bring up to 150 jobs to the area.
The building has been designed specifically for science, technology, engineering, maths and medical (STEMM) businesses and its internal spaces can be configured to suit tenants’ requirements. Workspaces ranging from 1,500 to 6,000 square feet available on each of three floors.
Dr Sally Basker, CEO of Exeter Science Park, said: “Our mission is to help innovative STEMM companies to deliver extraordinary growth and the Ada Lovelace Building will be the prime location for knowledge-based companies, both those from the Science Park looking to take their next step and new firms looking to relocate and grow.
“As well as helping to meet the demand for high-quality office space in the region, the innovative design of the building means that it will make more than it will take, being net zero carbon and highly sustainable.”
Exeter Science Park’s Ada Lovelace Building is partly funded by £5.5 million from the Heart of the South West Local Enterprise Partnership’s (HotSW LEP) Growth Deal Funding.
Karl Tucker, Chair of the HotSW LEP, said: “The new Ada Lovelace Building – formally known as the Open Innovation Building – is one of our Growth Deal funded projects designed to boost the economy in key sectors throughout the Heart of the South West.
“Exeter Science Park is a thriving business location and part of our portfolio of Enterprise Zones; and this new facility will be a valuable asset in attracting innovative, knowledge-based companies to our area.”
East Devon District Council’s Cabinet has invested £1.1m in the development of the building in conjunction with Devon County Council as part of the Exeter and East Devon Enterprise Zone programme.
Mike Borkowski, Business Development Director at Midas Construction, said: “As a company with its roots in Exeter, we are proud to be working with Exeter Science Park to expand its facilities, providing high-quality space to attract businesses and further supporting innovation and economic growth in the city and region.
“Midas is committed to leaving a positive impact in the communities it works in, and throughout this project we will be supporting skills development and local employment, including through a programme of construction careers events for job seekers, creating new job opportunities, supporting student work placements and continuously developing the skills of the workforce on site.”
Space in the Ada Lovelace Building is being pre-let during the construction phase. Companies interested in space should contact ada.lovelace@exetersciencepark.co.uk or 01392 247047, or visit www.exetersciencepark.co.uk.
