Today Derby City Council's cabinet is set to vote on plans to build ca. 50,000 sq ft of extra space at Infinity Park Derby, which could cost in the region of £10m – further recognising Derby’s credentials as the UK Capital for Innovation.
The site, which is located next to the world headquarters of Rolls-Royce Civil Aerospace, is a collaboration between Derby City Council, Rolls-Royce, developers Cedar House Investments, the Harpur Crewe Estate, Wilson Bowden and Peveril Securities.
The councillors will vote whether to enter into a collaboration agreement with the Advanced Manufacturing Research Centre (AMRC) and the D2N2 Local Economic Partnership (LEP) to create a major new research and development centre; which would be owned by the council and run by AMRC.
The new facility in Derby would have national 'Catapult' status as part of a network of ‘world-leading’ centres designed to transform the UK’s capability for innovation in specific areas and help drive future economic growth.
The AMRC and the LEP are currently seeking approvals from their respective governing bodies to enter into this agreement.
In order that R&D activities can commence quickly, it is proposed that the AMRC is initially let space at Connect Derby’s iHub on Infinity Park – a state-of-the-art managed workspace, where they would co-locate with other hi-tech businesses, including new tenant Airbus which has taken two facilities totalling 1500 sq ft at the site. Airbus selected the iHub because of its close proximity to Rolls-Royce’s headquarters.
Martin Rawson, Deputy Leader of Derby City Council said: "The arrival of Airbus is a massive coup for the iHub, and just the right kind of tenant for the building.”
"It is yet another example of a developing business taking advantage of the unique opportunity to relocate to accommodation in a hi-tech, manufacturing focused innovation technology park."