Phase 4 plans submitted for Catalyst Bicester tech park amid strong demand
A planning application for a fourth phase of development at Catalyst Bicester, Albion Land’s technology park in Oxfordhire has been submitted to Cherwell District Council.
It is for land bounded by the A41, Charles Shouler Way and Wendlebury Road and is directly opposite the Park & Ride on the other side of the A41.
READ MORE: Tesla among new occupiers confirmed for Catalyst Bicester tech park
Permission is sought for a further 128,000 sq ft of high-quality employment space in three buildings, adding to the180,000 sq ft already built or under construction in phases 1 and 2 and the 110,000 sq ft to be built in phase 3 starting later this year.
Simon Parsons, director of Albion Land said: "We’re investing at Catalyst Bicester to create more high-quality buildings for the knowledge economy, more jobs and more momentum for the park.
"This Phase 4 is about completing the park’s frontage onto the A41 and we have some distinctive buildings planned to make the most of this prestigious location at the entrance into Bicester from the motorway and A34.
"We hope to secure planning permission this summer so we can continue the success story and unlock even more of the park’s potential."
Leasing agents at CBRE and Colliers International acting for Albion Land are reporting ‘lively interest’ in Building 8 which will be completed this August and is the only available building in phase 2.
Demand is, in part, being driven by the growth of Oxfordshire’s science and technology sector and the quality of Catalyst Bicester’s location
In February this year, Tesla and a highly innovative design and manufacturing company (that cannot yet be named for contractual reasons) were the latest occupiers to commit to Catalyst Bicester.
Tesla will occupy 24,000 sq ft for its first presence in Oxfordshire, and the design and manufacturing company will occupy almost 60,000 sq ft to support its exciting expansion plans.
