Inverness Campus is one of the most important developments proposed for the Highlands and Islands in the next 20 years. Construction is now underway to create a multi-stakeholder academic, research and business park that will deliver significant economic benefits.
Following a European-wide tender, HIE appointed construction firm Morgan Sindall to provide access, transport links, essential services and an attractive parkland environment affecting 100 acres of the site. The £12.3m works began early in 2012.
HIE has approved a total of up to £25m over five years to develop the first phase of site, located on the east side of the Highland capital.
HIE and its partners envisage Inverness Campus becoming a premier business location for inward investment to Scotland. The co-location of businesses, academics and researchers will provide opportunities for innovation and collaboration.
Inverness Campus is one of Europe's most ambitious locations for business and it's getting ready to welcome the world. The Campus sits at the centre of one of Scotland's most dynamic life sciences clusters. Find out more about the investment opportunities available and the support offered by HIE for those looking to locate their business on the Campus:
The masterplan for Inverness Campus already features a wide range of business, education and community benefits, including:
Inverness Campus will be developed on 215 acres of former farmland known on the eastern side of Inverness. The core site of 120 acres sits in a wedge created by the convergence of the A9 to the west, the railway to the east, and to the south, the proposed new Inverness Trunk Link Road (TLR).
HIE has taken a leading role in the project bringing together partners to develop the site as an academic and economic stimulus for the Highland region.
In September 2009 the HIE Board agreed to invest up to £25 million to start Phase one at the Beechwood site. This money will be used for site servicing works over five years, creating access, transport links and essential services, within an attractive parkland landscape.
In addition to the academic aspects of the Campus, the project includes an innovation science park for private sector R&D, and business incubation which will stimulate new employment and bring greater economic benefits to the Highlands and Islands region.
Independent research estimates that Inverness Campus has the potential to support up to 1,300 jobs by 2020 and 940 jobs within the wider region.
It is estimated that construction work (buildings and infrastructure) at Inverness Campus will have provided an average of 240+ full time jobs for Highlands and Islands residents in a typical year from 2010 to 2020