Existing buildings vacated by former site owner AstraZeneca will be redeveloped into Mereside science campus.
Property partners Bruntwood joined MSP at MIPIM in Cannes to commit £30m over the next three years towards delivering a 1.5m sq ft complex of lettable lab and workspace.
The initial Mereside designs were revealed while the site-wide redevelopment plans for Alderley Park are currently subject to a public consultation process (below).
The first major redevelopment (above) will see a former AZ lab facility transformed into a 300,000 sq ft centre for innovative and ambitious businesses.
Designs will centre around a new communal atrium and internal courtyard featuring new meeting and conference facilities with views over the Alderley Park woodland.
In addition, substantial new entrances will open up the building with a strong visual impact and the plans will also feature opportunities for retail and café facilities.
Rowena Burns, CEO Manchester Science Partnerships said: “Our bold scheme for this once forgotten building demonstrates the sheer scale of the opportunity at Alderley Park. With 300,000 sq ft of additional space, we are taking the first major step toward expanding the business community here, and fulfilling our commitment to provide 7,000 high-value jobs within the next ten years.”