2024-12-22T02:07:01-05:00 https://archinect.com/news/article/150309637/perkins-will-and-dsdha-tapped-for-430-million-science-complex-in-central-london Nathaniel Bahadursingh 2022-05-11T17:50:00-04:00 >2022-05-13T03:29:20-04:00 <img src="https://archinect.gumlet.io/uploads/c4/c44f7f061d5aade9f33cc1d6cc675bda.jpeg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p><a href="https://archinect.com/firms/cover/119492842/dsdha" target="_blank">DSDHA</a> and <a href="https://archinect.com/perkinswill" target="_blank">Perkins&amp;Will</a>&nbsp;have been chosen by a team of developers to design a new life sciences complex in central <a href="https://archinect.com/news/tag/722/london" target="_blank">London</a>.<br></p> <p>The investment entity behind the proposed Snowsfields Quarter project, Guy&rsquo;s &amp; St Thomas&rsquo; Foundation, selected global real estate investor and developer <a href="https://archinect.com/news/tag/1156156/oxford-properties-group" target="_blank">Oxford Properties</a> and Reef Group as its development partners. The design team will also include Reef&rsquo;s in-house design studio UrbanR. Oxford and Reef will invest approximately &pound;350 million ($430 million) towards the&nbsp;300,000-square-foot project&nbsp;that will feature commercially-available&nbsp;lab facilities across three new buildings.</p> <p>Snowsfields Quarter will play a key role in forming the required real estate infrastructure to support the area&rsquo;s emerging SC1 Life Science and Innovation District, a new health innovation cluster. The sale of a long-term leasehold of the site to Oxford Properties will complete once planning permission for the project has been secured.</p>