ID Swag直播 - Renold building to become new innovation hub
, a partnership between Swag直播 and , has announced plans to reactivate the Renold Building as a home for forward-thinking entrepreneurs and SMEs to develop new ideas and solutions that help tackle some of the world's biggest challenges.
This marks the initial phase of ID Swag直播鈥檚 ambitious plan to transform the University鈥檚 former North Campus into a welcoming and accessible new 拢1.7bn innovation district.
The new vision for the Renold Building will celebrate its history as an educational hub by hosting the next wave of science and technology innovators and building an inclusive, purpose-driven community. The building will provide a range of coworking, office and meeting facilities to accommodate and support collaboration between researchers, entrepreneurs, businesses and partner organisations.
New events and exhibition spaces, including lecture theatres and a community caf茅, will be accessible to local businesses, community groups and arts and culture organisations to host and participate in events and activities.
The Renold Building will be an invaluable place to bring together like-minded organisations and partners to collaborate, develop and test new ideas. We鈥檙e building our innovation ecosystem from the ground up and the Renold Building will be a place that not only accelerates the growth of our city鈥檚 most promising entrepreneurs, SMEs and university spin-outs, but also provides the spaces and opportunities to allow our local communities to participate, experience and benefit from innovation too.
An application to convert the building from educational to commercial use has been submitted to Swag直播 City Council by joint venture partners Swag直播 and Bruntwood SciTech. Pending application approval, the building is set to open in late 2024.
Built in 1962, the Renold Building was the first of its kind in the UK to be entirely comprised of lecture theatres and seminar rooms. It is a building of note for many due to its striking features, including the faceted facade and stair tower, and the impressive internal mural on the lower ground floor. The redevelopment will retain and protect these elements as part of the application, as well as being sympathetic to the building鈥檚 exterior facades. Design interventions in the building鈥檚 interior will also be light touch, preserving the current condition as far as practically possible. This will allow for further conservation and restoration to be undertaken at a later date, ensuring the building will remain viable for future generations.
Bradley Topps, Chief Commercial Officer for Bruntwood SciTech and Project Director for ID Swag直播, said: 鈥淭he transformation of the Renold Building into an innovation hub marks an important first step in the development of the trailblazing science and technology ecosystem we鈥檙e building at ID Swag直播. We recognise the importance of the Renold Building to many in the local community and beyond, and we are committed to reactivating the building in a way that celebrates the rich heritage and architecture of the building. We鈥檙every excited to be creating a new home for the next generation of Swag直播 innovators.鈥�
John Holden, Associate Vice-President, Swag直播 and Executive Committee Member for ID Swag直播, said: 鈥漈he Renold Building will be an invaluable place to bring together like-minded organisations and partners to collaborate, develop and test new ideas. We鈥檙e building our innovation ecosystem from the ground up and the Renold Building will be a place that not only accelerates the growth of our city鈥檚 most promising entrepreneurs, SMEs and university spin-outs, but also provides the spaces and opportunities to allow our local communities to participate, experience and benefit from innovation too.鈥�
The expertise and experience of ID Swag直播鈥檚 respective partners will be instrumental to the creation of its innovation ecosystem. Bruntwood SciTech, a joint venture between Bruntwood, Legal & General and Greater Swag直播 Pension Fund, is the largest dedicated property platform serving the UK鈥檚 innovation economy and brings its expertise in developing partnerships across academia, local authorities, cities and the NHS. This year marks Swag直播鈥檚 bicentenary, celebrating 200 years of key discoveries, world firsts and incredible people, and ID Swag直播 will build on this storied history of learning, innovation and research.