Science and Technology Innovation Hub
Discovery Park is one of Europe’s leading science and technology business parks with 1.5 million sq. ft. of world class R&D facilities, premium office space, and bespoke warehousing. It is home to over 150 companies, from international pharmaceutical companies to biotech entrepreneurs, and employs 3000+ people. Major life science and biotech tenants include Pfizer and Mylan (USA), GeneaBiomedx (Australia) Peakdale Molecular, Levicept, Agalimmune, AlgaeCytes, Ixchelis and Unilabs York Bioanalytical Solutions.
High tech laboratory space
Discovery Park is developing 50,000 sq. ft. of new laboratory space as part of a major investment with plans in place for a 60,000 sq. ft. expansion of office space. Education is a growing focus, with Canterbury Christ Church University’s on-site Life Science Industry Liaison Laboratory linking academia with on-site science businesses carrying out pioneering research.
As a government designated Enterprise Zone, Discovery Park offers significant incentives for new and relocating businesses. This includes up to 100% business rate discounts worth up to £275,000 over five years. This means that a business relocating to Discovery Park by 31 March 2015 would pay no business rates until 2020. There are also enhanced capital allowances for investment in plant and machinery, along with a range of development funding and low incubator units.
The site also benefits from a DDC Local Development Order with simplified planning and superfast broadband.
Construction is also underway on a £160m combined heat and power renewable energy plans, the first of its kind at a UK science park. The plant will produce enough power for the entire Discovery Park site plus a further 50,000 households.
A Place to Live and Work
Discovery Park is more than a science and business park. It is a key part of the ongoing regeneration of Dover District with the proposed Thanet Parkway, offering even faster links to London. With up to 500 new homes planned, it will be a great place to live too.
The wider community at Discovery includes a range of professional services and business support companies, from accountants to patent attorneys – with space for business of all sizes from headquarters through to start-up.