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The Crown Estate bought 221 acres near Oxford for labs, offices, homes, and jobs, pending planning approval.
The Crown Estate has invested £17 million to buy 221 acres of farmland near Harwell, Oxfordshire, with plans to develop lab space, offices, manufacturing facilities, and up to 400 homes.
The project could generate £4.5 billion in gross development value, contribute £2.5 billion to the UK’s GDP, and create 30,000 jobs nationally.
While local officials support the economic potential, no formal planning application or masterplan has been submitted, and the site lies within the North Wessex Downs National Landscape, requiring strict environmental and landscape protections.
Officials stress that details on development specifics remain pending.
El Crown Estate compró 221 acres cerca de Oxford para laboratorios, oficinas, hogares y empleos, en espera de la aprobación de la planificación.