Oxford to transform the Former London Office into a Lifesciences Center
In order to further Oxford’s international drive into the industry, Oxford Properties Group and its partner Pioneer Group intend to transform a historic 300,000-square-foot office block in London, United Kingdom, into a lifesciences hub. The London-based Pioneer is a real estate developer and operator with an emphasis on lifesciences and technology facilities, and they are working together with the Toronto-based real estate investor and developer. According to the statement from Oxford and Pioneer, Victoria House in central London’s Bloomsbury Square will become a 220,000 square foot lifesciences hub with 80,000 square feet of offices, amenities, conference rooms, and retail space. The BioIndustry Association (BIA), the trade organisation for life sciences firms in the United Kingdom, will be housed in the building. In August 2024, the transition’s initial phase is anticipated to be finished. According to the press release from Abigail Shapiro, head of lifesciences and residenti...