New I-HUB signals Hammersmith & Fulham’s bid to be the best place for jobs and business growth in Europe
H&F Council has joined forces with Imperial College London to create a ground-breaking development bringing together cutting edge scientific innovation and business.
The 13-storey I-HUB has the potential to help shape the future of medical and bio-technology research, providing new opportunities for business start-ups, jobs and economic growth.
It is being built alongside the world- renowned university’s student accommodation in White City and will offer high-quality laboratory and office space to companies who want to collaborate with Imperial researchers.
“The I-HUB is not only a key building block for future economic growth it is central to our ambition to make Hammersmith & Fulham the best place for jobs and economic growth in Europe,” said H&F Council Leader Stephen Cowan.
“Imperial College London is one of the best universities in the world and arguably the best in scientific innovation. I’m determined to harness its ground-breaking work to bring new opportunities for all in this part of London.”
About 40 per cent of the building will be occupied upon opening by a range of businesses, from start-ups to multinational companies. There is already interest from Europe, America and Asia. It is expected to be full within three years and a second part of the complex, a Molecular Science Research hub, is due to open in 2017.
It has more than 50,000 sq ft of ‘wet-lab’ spaces for hire by companies that want to collaborate with Imperial researchers. The rest of the 187,000 sq ft complex will be used as ‘incubator’ and ‘accelerator’ space for businesses which don’t need laboratories to help turn world-leading research into new products and services.
The building was opened on 27 October by H&F council leader Stephen Cowan and Imperial College vice president Professor David Gann.
About 10,000 scientists, technicians and support staff will work at the 25-acre campus when it is completed in the mid-2020s.
“Businesses in the I-HUB will be focused on taking fantastic research ideas out into the market where they can have a direct positive impact for society,” said Professor Gann.
“This is another chapter in Imperial College’s mission to apply the results of our world-class work in science, engineering, medicine and business, creating economic growth, high-value jobs and benefits for society.”