Upon completion, the new buildings will contribute 168,000 sq ft of flexible office and laboratory space to the 500,000 sq ft expansion planned for the Oxford Science Park by 2025.
Plot 16 is a linear site in the north-east corner of the park between railway tracks and Littlemore Brook, with a future railway station planned by Network Rail next to the site.
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Piers Scrimshaw-Wright, chief executive at Oxford Science Park, said: “Perkins & Will’s designs ensure the park is progressive, and provides flexible and contemporary workspace accommodation that our occupiers require to commercialise world-leading research and development.”
Research from BNP Paribas has suggested that investment in science, and related administrative and support services, is set to see a 43% increase in value over the next 10 years.