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Perkins&Will and DSDHA tapped for $430 million science complex in central London

perkins&will-and-dsdha-tapped-for-$430-million-science-complex-in-central-london

DSDHA and Perkins&Will have been chosen by a team of developers to design a new life sciences complex in central London.

The investment entity behind the proposed Snowsfields Quarter project, Guy’s & St Thomas’ Foundation, selected global real estate investor and developer Oxford Properties and Reef Group as its development partners. The design team will also include Reef’s in-house design studio UrbanR. Oxford and Reef will invest approximately £350 million ($430 million) towards the 300,000-square-foot project that will feature commercially-available lab facilities across three new buildings.

Snowsfields Quarter will play a key role in forming the required real estate infrastructure to support the area’s emerging SC1 Life Science and Innovation District, a new health innovation cluster. The sale of a long-term leasehold of the site to Oxford Properties will complete once planning permission for the project has been secured.

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