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The Business Magazine May 2024
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Construction start eyed next month for new life sciences building in Cowley

Picture contributed
Picture contributed
28 June 2024
Picture contributed

The life sciences sector in Oxfordshire has received a boost after property consultant Carter Jonas has been granted planning consent on behalf of Advanced Research Clusters (ARC) for a life sciences building, to be known as ‘Ascent’, at its campus in Cowley.

Ascent will provide around 105,000 sq ft of lab-enabled office space with construction due to begin next month. The scheme is expected to be completed early in 2026.

READ MORE: Oxford City Council advances plans to deliver 3,000 home urban extension

Dan Williams, ARC Oxford’s director of asset management, said: "We’re delighted to have secured planning permission for Ascent.

"This transformational project will provide a new home for businesses of all types including leading science and tech organisations. This latest development at ARC Oxford further supports our mission in attracting world class talent, driving economic growth, and fostering continuous support for the innovation ecosystem in the City."

Steven Sensecall, partner at Carter Jonas in Oxford, added: "This fantastic new building will make a major contribution to the supply of life science buildings in Oxfordshire.

"This is the first of many exciting proposals we are helping ARC bring forward at ARC Oxford, which will enable the transformation of the site into an innovation campus, reflecting its position as an internationally, nationally and regionally important anchor site."

The 3.2 acre site was previously occupied by several offices, which are being replaced by a new building, which will include a rooftop lounge, wellness spaces, a gym and 'end-of-trip' facilities.


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Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

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