300 jobs to be created as plans submitted for Leeds life science centre
Plans have today been submitted for a new Leeds life science centre set to create up to 300 jobs.
Commercial Estates Group (CEG) has submitted a planning application to “revitalise” Drapers Yard on Marshall Street to create a life science ‘Centre of Excellence’ for global diagnostic and drug development company Labcorp.
Labcorp, which currently operates out of two sites in Leeds, will use the new centre to consolidate its team and double in size, retaining and creating up to 300 jobs.
If the plans are approved, the new facility will be completed by summer 2022, containing a 100-bed clinic, pharmacy and office headquarters.
Oren Cohen, chief medical officer and general manager of Clinical Pharmacology Services at Covance by Labcorp, commented: “The new Covance by Labcorp facility will be a gold standard clinical pharmacology investigational unit, commensurate with the outstanding global reputation of the UK Life Sciences sector.
“The new facility will allow us to continue our important work to test next-generation medicines that may improve health and improve lives in an exciting new environment that highlights the growing role of Leeds as a leader in life sciences.”
Antonia Martin-Wright, head of investment at CEG, said: “This is a really exciting opportunity to deliver a UK Centre of Excellence for Labcorp.
“It will be a sustainable and energy efficient development, designed with occupant well-being in mind.
“It will bring a welcome economic boost to Temple supporting the city’s post-Covid recovery plans and helping to create a cluster for science, knowledge and innovation.
“The commitment to the site will also help to build further confidence that this is a fantastic business destination, just minutes from Leeds City Station, helping to attract future inward investment opportunities.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline