Wednesday, 2 April 2014

Francis Crick Institute: local benefits

Planning permission was granted in March 2011 for the £650 million Francis Crick Institute, 
which will be Europe’s largest dedicated biomedical research building, and will be located behind the British Library adjacent to the Somers Town estate

Camden worked closely with the Institute to secure a package of benefits for the local community. 

The total package of benefits secured is worth almost £10 million (including £6,742,000 in financial contributions) including: 

  • £1.7 million to improve local council housing through Camden's Better Homes (repairs) programme; 
  • £3.8 million towards a new district energy centre to supply cheaper heat and power to local homes. 
  • £360,000 community Policing resource contribution 
  • £450,000 public realm contribution 
  • A new community Living Centre and £180,000 towards management of centre. 
  • Apprenticeships, training for Camden residents and a local business support strategy.  

The Institute is currently under construction and is scheduled to open in 2015.