News
Eli Lilly and Company move into £19m Hampshire HQ
Friday December 17th, 2021
International pharmaceutical company Eli Lilly and Company has moved into its £19m headquarters in Basingstoke following a 13-month build programme.
For more than 85 years, Eli Lilly have remained committed to bringing life-changing, innovative medicines to UK patients. Over the past decade, they have invested more than £1.9 billion in their UK research operations.
They are currently involved in 106 UK research collaborations across the country, and conducting more than 56 clinical trials across 288 study locations in areas including diabetes, oncology, immunotherapy, pain and neurodegeneration.
Located in the Basing View Enterprise Zone, the five-storey building features 45,000 sq ft of grade A workspace. It will provide a new home for the pharmaceutical giant, which has counted Basingstoke as key to its global operation for 80 years.
It includes a shared 288-space multi-storey car park, space on the ground floor for retail units and a green, grass roof.
James York, area director at Morgan Sindall Construction, said: “Eli Lilly’s commitment to the area represents a huge vote of confidence in both the wider Enterprise M3 corridor’s knowledge economy credentials, and the long-term vision for the Basing View Enterprise Zone, keeping hundreds of high value jobs in the town.
“It is an anchor institution and will help attract other businesses to the region.”
Chris Scott, development director at Muse Developments, added: “Alongside the wider economic benefits, the office building has achieved a BREEAM rating of Very Good and has delivered tangible social value that’s benefitting local people’s lives. The project successfully utilised local suppliers and created high-quality local jobs for those in the area and will continue to open doors throughout the building’s lifecycle.”
The development is the first project to be supported by the Invest to Grow Fund, set up by the council in 2016 using £25m from long-term investments, in addition to funding from the Enterprise M3 Local Enterprise Partnership.
