//Sheffield Olympic Legacy Park

Published 6th March 2019 at 10:05am

Key Information

Project Type: Mixed Use

GDV: £250m+

Investment Type: Investment partner/end user/occupation opportunities

Other Investment:

  • European Regional Development Fund (Reclamation) – £2.7m
  • Sheffield City Region Infrastructure Fund (Landscaping, utilities and drainage) – £4.9m
  • Department of Education (Oasis Academy and UTC) – £28m
  • Department of Health (AWRC) – £14m

 Address: Sheffield Olympic Legacy Park, 10 Leeds Road, Sheffield S9 3TY

Land Owner: Sheffield City Council

Website: sheffieldolympiclegacypark.co.uk

Planning Status: Detailed planning permission for the Community Stadium; Outline planning permission for further buildings and an application for the rest of the 30 hectare first phase now being formulated.

Overview

Sheffield Olympic Legacy Park is a £250m development across a 30-hectare site which will transform the eastern quarter of the city.

It is quickly becoming an internationally recognised Innovation District for health and wellbeing research and learning, plus the location for offices, laboratories, leisure, retail and residential spaces. The area will attract Life Sciences organisations and, in particular, Med Tech sector businesses, in order to pioneer world-leading health and wellbeing research and innovation.

The scheme is being delivered by Scarborough Group International supported by Legacy Park Ltd, a partnership between Sheffield City Council, Sheffield Teaching Hospitals NHS Foundation Trust, Sheffield Children’s NHS Foundation Trust, Sheffield Hallam University, Sheffield City Trust, South Yorkshire and Bassetlaw Integrated Care System and Yorkshire and Humber Academic Health Science Network.

Delivering a tangible legacy from the London 2012 Olympic Games, Sheffield Olympic Legacy Park provides a combination of world class sporting facilities, education, new skills, research and innovation, environmental improvements and opportunities for the local community. The continued success of Sheffield Olympic Legacy Park is acting as a catalyst for regeneration of this historic part of Sheffield.

Situated just minutes from the M1, 10 minutes from Sheffield train station and within 90 minutes of five international airports, Sheffield Olympic Legacy Park is ideally located for occupancy by national and international SME’s and large organisations.

There are excellent opportunities for the private sector to participate in collaborative research programmes with the NHS, Sheffield Hallam University and the University of Sheffield at Sheffield Olympic Legacy Park, making it a hub for innovation within the Health and Med Tech sectors.

Opportunities

Occupiers and inward investors

This project offers huge potential, with a range of plots of varying sizes available in a high quality public realm environment.

These include:

  • Up to 750,000 sq ft Commercial space
  • 40,000 sq ft research centre to complement the Advanced Wellbeing Research Centre and Centre for Child Health Technology
  • 80-100 bed hotel

Further residential opportunities exist within the wider Sheffield Olympic Legacy Park with a total of 400 properties required to complement the adjacent Attercliffe Waterside.

The anticipated start date of the next investment at Sheffield Olympic Legacy Park is the Community Stadium in December 2019, with a continual programme of further development planned thereafter.

There are also opportunities for organisations within the life sciences and med tech sectors to relocate to Sheffield Olympic Legacy Park.

Current assets include a high quality artificial grass sports pitch, University Technical College, an Advanced Wellbeing Research Centre (AWRC), which is part of Sheffield Hallam University, and 11 hectares of remediated land providing serviced plots.

Situated just minutes from the M1, 10 minutes from Sheffield train station and within 90 minutes of 5 international airports, Sheffield Olympic Legacy Park is ideally located for occupancy by national and international SME’s and large organisations.

There are also excellent opportunities for the private sector to participate in collaborative research programmes with the NHS and Academia at Sheffield Olympic Legacy Park, making it a hub for innovation within the health/med-tech sectors.

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Want to know more? Contact: Gareth Morgan – Senior Business Development Manager
E: Gareth.Morgan@scrinvest.com – T: 0114 220 3432 – M: +44 (0) 7800551495