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The Business Magazine July 2024
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Construction on Milton Park's £40m Nebula scheme nearing completion

Picture contributed
Picture contributed
18 October 2024
Picture contributed

A timelapse video showing the progress of construction at Milton Park's new £40m research and development (R&D) scheme has been released.

Nebula at the Oxfordshire Park is being delivered by Gloucester firm Barnwood with construction due to be finalised in the first quarter of 2025.

READ MORE: Gloucestershire's Barnwood Construction poised to build Milton Park's £40m Nebula development

The development will offer around 80,000 sq ft of R&D workspace for startups and companies across science, technology or advanced engineering industries.

Tom Booker, commercial manager at MEPC Milton Park, said: "With Nebula nearing completion, there has been strong demand and we will shortly be announcing the first letting to a well-known international brand.

"We’re also in discussions with existing Milton Park occupiers looking to expand operations.

"Not only are they attracted to Nebula’s flexible space, sustainable features and high-quality materials, but also the wider benefits of being based at the Park."

Occupiers of the scheme are also set to benefit from MEPC Milton Park’s £7m investment into its own electrical infrastructure, which provides enhanced power supply for R&D uses and future developments.

The project features sustainably sourced glue-laminated timber (glulam) beams in lieu of steel and Nebula is targeting a BREEAM Excellent rating.

The 8m internal height and 5m openings for large-scale laboratory or plant equipment provide space for a diverse range of companies, including those in the UK’s space industry.


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Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

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