Most of LUSEP is part of the Loughborough and Leicester Science and Innovation Enterprise Zone. The Park offers a unique opportunity for some of the world’s leading companies to locate close to, and partner with, the University. The next phase of the development plans will create a dynamic and vibrant place for new business ventures, retail and hospitality, enabling LUSEP to further strengthen its position as an economic powerhouse for Loughborough and the East Midlands.
LUSEP’s development is being phased over a number of years. It is already home to more than 90 organisations, with a total workforce of more than 2,500 people. Organisations based on LUSEP range from high-tech start-ups to research and development divisions of global companies. When fully developed the Science and Enterprise Park will provide up to 278,000m² of floor space and house businesses employing as many as 7,500 people, of which about 4,500 could be new jobs.
Plans for a new building as part of the next phase of LUSEP’s development will also be shared at the public consultation event. The building will be developed in partnership with Stoford, one the country’s leading property development companies.
The development of the building will enable us to strengthen our partnership with Druck, a successful local technology company. Formed in 1972 in Groby, near Leicester, Druck has grown into a global pressure measurement business that is recognised for designing, developing and manufacturing world class high-quality and high-accuracy piezoresistive pressure sensors and calibration instrumentation. Supporting many industries including aerospace, motorsport, semiconductor, power generation, meteorology and hydrology, Druck produces more than 400,000 pressure sensors annually to some 4,000 customers globally.
To support its business needs and growth ambitions, Druck is looking to relocate from its current site in Groby and build a purpose-built global HQ. We are delighted that, subject to planning, Druck has chosen to locate its new HQ on LUSEP. A long-standing partner of Loughborough University, Druck’s proposed relocation will strengthen our partnership and bring benefits to the whole of the University, including research and development opportunities, work based learning projects, executive education and studentships.
If all conditions are met as part of the planning process, we would expect work to begin on the site in November 2025, with the new building ready for occupation by October 2027.
The public consultation on the LUSEP masterplan and the proposed new building will take place tonight (12 February) from 6-9pm at Loughborough University Stadium.