News & Views
Call to drive Economic Regeneration forward
Mar 27 2023
In a bid to build a UK research and innovation district that could create up to 10,000 jobs, Heriot Watt University has appointed property consultancy JLL to select a strategic development partner to develop future phases of Heriot-Watt Research Park.
Spanning 165 acres at the University’s Riccarton Campus on the west side of Edinburgh, Heriot-Watt Research Park is of one of Scotland’s largest and most prominent science parks, with around 1,000 staff working across 28 organisations. These include Logan Energy, one of Europe’s leading green hydrogen innovators, pharmaceutical company Charles River Laboratories and the Scottish Blood Transfusion Service.
Almost 70 acres are available for future development and Heriot-Watt’s vision is to create a vibrant urban research and innovation district that would be one of the largest research and development opportunities in the UK.
Professor Gillian Murray, Deputy Principal for Enterprise and Business at Heriot-Watt, said: “We are excited about the prospect of finding a new partner who shares our values and can help us realise our Strategy 2025 ambition through the development of our Research Park. We believe we can create an exciting new model to drive economic regeneration that creates the companies and leaders of the future needed to provide opportunity and economic growth to Scotland. We welcome interest from partners who share our vision.”
Housing both businesses and academia in an attractive campus, the new research and innovation park could create as many as 10,000 new jobs and offer varied and extensive training opportunities for Edinburgh, the Lothians and the Central Belt of Scotland. The development would include high quality accommodation and an ecosystem to drive growth for research and innovation across a range of sectors and business types, from start-ups and SMEs to established businesses.
When developed, the location will integrate with the wider range of mixed-use developments currently taking place in the west of Edinburgh, as well as promoting sustainability and health and wellbeing to surrounding communities.
Cameron Stott, Head of Scotland at JLL added, “Heriot Watt University is exceptionally well located in west Edinburgh and with the new National Robotarium building, the Scottish National Blood Transfusion headquarters and the Oriam National Performance Centre for Sport all on the campus, it really is an unrivalled offer for the Knowledge sector. We already have a healthy list of enquiries from some exciting companies in the Knowledge Sector who are keen to build closer ties with the University.”
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