Discovery Park Ltd has begun a major programme of investment to ensure the science park’s continued success as a global centre for pharmaceutical R&D, technology and business.
Since taking over Discovery Park in November 2016, the new owners have carried out a full operational and strategic review. While honouring the master plan, agreed by Dover District Council in October 2014, the company has started to put their own stamp on the future development of the site, including:
- An initial £5m investment in improving science facilities, with 50,000 sq ft of new laboratory space being created and plans in place for a 60,000 sq ft expansion of office space.
- A major revamp of the site’s catering and conferencing offer, with plans to rebrand and refocus the on-site cafes and restaurants, providing an improved environment and ambience for on-site networking and collaboration.
- A new auditorium providing tenants and education providers, such as Canterbury Christ Church University with bespoke presentational space for up to 250 people.
Toby Hunter, Chief Executive for Discovery Park Ltd, said:
“As new owners, we felt it was essential to take time to reflect on what has been achieved at this wonderful site and how best to ensure its future success given all the challenges and opportunities ahead.
“Our desire is to ensure that the world-wide reputation Sandwich has enjoyed for decades – from the 50 plus years under Pfizer to the five years as a flagship multi-business campus for science and enterprise – continues long into the future.”
“With 150+ companies, employing some 3,000 staff, Discovery Park is in great shape. Our plan, using our expertise as a commercial property management company, is to take the site to the next level – maximising its potential as one of the UK’s leading science business parks.”