New infrastructure needed for Oxford-Cambridge Arc to reach its potential

New infrastructure needed for Oxford-Cambridge Arc to reach its potential


November 2019

The Oxford-Cambridge Arc has the potential to create up to 1.1 million new jobs by 2050 if the new infrastructure needed is delivered, according to research from Savills. It says an additional 9.6 million sq ft of office and R&D floorspace and 69 million sq ft of warehousing will be needed to facilitate the growth. The pharmaceutical, cyber security, automotive and biotech sectors are likely to remain the leading growth sectors.

And whilst Oxford and Cambridge continue to attract the largest share of private equity and venture capital investment, new floorspace in Bedford and Milton Keynes – where a new university is opening in 2023 - should widen the distribution. Funding in the region has risen from £10.2 billion in 2018 to £27.4 billion to the end of the third quarter 2019 and venture capital investment has risen from £861 million to £1,076 million over the same period.

Read the full article here.

Keep me informed

Fill out this form to receive updates, newsletters and invitations to seminars and events relating to the East West Corridor. We will never give your details to any third parties and you can unsubscribe from our communications at any time by clicking the “unsubscribe” link at the bottom of email communications. Your personal data will be processed in accordance with Howes Percival LLP’s privacy policy, which can be found here.

Fields marked with an * are required.

We know you're busy. But you still want to be informed with all things relating to the East West Growth Corridor. Sign up to get the latest news, reports, and thought leadership from our East West Corridor Team delivered directly to your inbox.

Howes Percival LLP is a limited liability partnership registered in England and Wales with registered number OC 322781 and is authorised and regulated by the Solicitors Regulation Authority. A list of members’ names is open to inspection at our registered office: Nene House, 4 Rushmills, Northampton NN4 7YB. © Howes Percival LLP

The information about legal matters is provided as a general guide only and should not be relied upon or construed as constituting legal advice and Howes Percival LLP disclaims liability in relation to its use. You should seek appropriate legal advice before taking or refraining from taking any action.

Web Design | Development & SEO by 123 Internet Group