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Scotland’s New Advanced Manufacturing Innovation District - Leasing and Build-to-Suit Opportunities
Description
What is AMIDS?
AMIDS is Scotland’s home of advanced manufacturing and innovation and provides a positive environment which delivers a major boost to Scotland’s manufacturing and Life Science sectors. AMIDS will empower creativity, collaboration and cutting edge solutions, creating a dynamic ecosystem fostering synergy among industries and academia.
Innovation and smart manufacture are at the heart of the joint venture established between Renfrewshire Council and Buccleuch Property. AMIDS aims to establish a world-class high value manufacturing cluster within a campus environment, where organisations are developing and making products to create tomorrow’s world and expanding Scotland’s exports on a national and global scale. AMIDS is building on the success of existing academic and research partnerships with CPI, University of Strathclyde, and West College Scotland through its on-site Innovation Centres. World-renowned names are already on site, including Boeing and Thermo Fisher and the aspiration is to establish knowledge and skill clusters in the regions strong innovation sectors such as electronics and photonics, aerospace & satellite manufacture, precision medicine/ pharmaceutical development, and high value zero emission technologies. AMIDS is home to the headquarters facility of the National Manufacturing Institute Scotland (NMIS) – a unique collaboration between public, private, and academic institutions across the country.
The UK’s first Medicines Manufacturing Innovation Centre, operated by CPI, is established next-door bringing the pharmaceutical industry together in another unique collaboration to find innovative new production processes. Construction is also underway for CPI’s Oligonucleotide Manufacturing Innovation Centre of Excellence facility which will revolutionise the manufacture of oligonucleotides. Both form part of the UK’s national High Value Manufacturing Catapult network.
Tech Terrace
The establishment of Tech Terrace will see the delivery of units ranging from 200 to 3,200 sq m providing much needed speculative space for spin out organisations and those looking to scale up in a supportive, collaborative, and entrepreneurial environment. Design and build solutions can also be delivered to meet specific property requirements within a planning in principle consent for approximately 75,000 sq m.
Investment Opportunities
AMIDS (Renfrewshire) LLP is a joint venture partnership between Renfrewshire Council and Buccleuch Property to deliver the vision.
The site is fully serviced including the installation of a district heating network and will benefit from a range of surrounding infrastructure programmes improving local connectivity currently being constructed under City Deal funding. The investment opportunity is now primarily focussed on delivering the commercial aspect of the site. It is estimated that around £150-250 million is required to deliver the full masterplan as a mix of speculative and turnkey phases. AMIDS will be a world-class environment that fosters collaboration between industry and academia to transform manufacturing processes. Substantial levels of interest across a range of sectors have already been expressed in the site from several occupiers.
To realise the ambition to a net zero future, every level of the development from the ground up is being considered:
• Providing appropriate infrastructure, design guides for buildings and transport routes to the site.
• Delivery of a 5th generation heat network to supply low carbon heat to occupiers makes this the first development of its kind in Scotland.
• New high-quality public realm and green space provides opportunities for healthy, sustainable, active lifestyles and is already being used by those on site and neighbouring districts.
Proposed Use/Planning
Planning permission in principle has been granted and the joint venture site master planned for approximately 75,000 sq m of Class 4, 5 & 6 development. Occupiers are to fall within the category of advanced manufacturing and/or research and development.