The next stage includes the delivery of the Dirac building — a new 85,000 sq ft grade A office and R&D building, and associated transport hub — which will be ready for occupation in Q1 2023, alongside planning for a further 85,000 sq ft office building.
It is located at the centre of the North Cambridge Research and Development Cluster and is home to Samsung, Rasberry Pi, Darktrace, Mewburn Ellis, and PwC.
The college is bringing forward the development of the building because it is confident in Cambridge’s commercial environment.
Turnstone previously delivered the 65,000 sq ft Maurice Wilkes building at the park in 2018.
- How can project monitors help minimise the risk for development lenders during and after Covid-19?
- Investment firm Rheebridge sells shares in residential development business
- Storey Homes offers discount as tribute to essential workers
Chris Goldsmith, managing director at Turnstone Estates, said: “We are delighted to have been appointed by St John’s College to deliver this prominent new building, which marks not only the next stage in the evolution of [the park], but also our partnership with the college.”
Suzie Wood, investment property manager at St John’s College, commented: “Further to the successful delivery of the Maurice Wilkes building, the college is extremely pleased to renew its partnership with Turnstone for this next phase of the park’s development.
“I am looking forward to working with them to deliver another exceptional building.”