Crosstown traffic: rector Sir Keith O鈥橬ions said staff initially reluctant to consider leaving South Kensington are now keen on transfers to the 鈥榚cosystem鈥 in White City
People living and working near the BBC鈥檚 former Woodlands site in West London may notice a distinct change in the feel of the area from 2015.
By then the low, brown BBC Worldwide building and its journalist occupants will have been long since replaced by shiny new facilities at the heart of a major new development for Imperial College London.
The 拢1 billion Imperial West campus, north of White City and alongside the famous Westway, will be a first for the capital, said Imperial鈥檚 rector and president, Sir Keith O鈥橬ions.
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鈥淚t鈥檚 not a campus that鈥檚 basically a replacement of activity or a simple expansion of activity here in South Kensington [at Imperial鈥檚 main campus],鈥 he told 糖心Vlog.
Instead it will be an 鈥渆cosystem鈥 of interdisciplinary research, postgraduate activities and, crucially, translation and commercialisation, including space to 鈥渃o-locate鈥 spin-off companies and businesses, he said.
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Translation is a 鈥渞eal imperative鈥 of the UK government and a practice that Imperial, like other Russell Group universities, is increasingly adopting, said Sir Keith.
The campus will be unique in the UK, more akin to the set-up at the Massachusetts Institute of Technology - which hosts university spin-offs and multinational companies on site - than to the existing clusters and science parks in this country, he added.
鈥淕iven the huge density of research activity in London, [space for spin-off companies] is one of the things that is very obviously absent from our academic activity. So when we spin companies out, they often spin a hell of a long way out,鈥 Sir Keith said.
At the heart of the Imperial West development is a 拢150 million research and innovation hub, for which the college was awarded 拢35 million from the government鈥檚 UK Research Partnership Investment Fund (RPIF) last year. The building will house around 1,000 researchers, working broadly in 鈥渘ext generation materials鈥 in fields such as biomedicine and plastic electronics, as well as 鈥渋ncubator鈥 space for 50 spin-off companies.
The government scheme requires that public investment is matched at least two to one by a private investor. Imperial鈥檚 partner, real estate funder Voreda Capital, will put 拢90 million into the hub.
Preparedness (and a shovel) pays
According to Sir Keith, part of the reason the project was awarded a sizeable chunk of the 拢300 million government scheme - which has so far given money to 14 projects, 10 of them at Russell Group universities - was because the plans were 鈥渟hovel ready鈥.
Unless universities had 鈥渁 fairly good idea of how they were going to do it鈥nd a few numbers lined up, it wouldn鈥檛 have been possible鈥, he acknowledged.
Private investment will also help to build a 35-storey tower block of homes for key workers, Imperial staff and private residents on the site, while further private money will be sought for a 鈥渏oint venture鈥 for an on-site hotel and conference centre.
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Imperial West鈥檚 funding model, in which a private partner makes a capital investment that it later recovers through rent over 25-30 years, is one that Sir Keith expects to be replicated across UK higher education in the future.
Government capital is scarce, he said, with Imperial鈥檚 funding outside the UK RPIF scheme dropping in recent years from about 拢50 million to just 拢12 million a year. Meanwhile, global financial uncertainties mean that well- established universities are safe, long-term partners for private investors, he added.
鈥淚f we thought the government would be giving us 拢100 million in capital every year鈥e probably wouldn鈥檛 go down this route. But we don鈥檛 think that鈥檚 a realistic possibility and we鈥檝e persuaded ourselves that we need to find more innovative ways to capitalise these developments,鈥 he said.
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Imperial West will also comprise Wood Lane Studios (an already finished complex with accommodation for more than 600 postgraduate students and early career researchers), two further research buildings, leisure and retail facilities, a medical clinic, a cr猫che and a publicly accessible square.
Making the campus culturally attractive and complementary to the South Kensington campus, rather than secondary to it, is imperative, said Sir Keith.
鈥淭his is only going to work if鈥t鈥檚 got the ability to become a community and have the opportunities for the people working here that are comparable to elsewhere,鈥 he said.
Many academics will make the move from South Kensington to Imperial West, but no one will be obliged to. Sir Keith said that although the initial reaction among staff was 鈥渋t鈥檚 a great place for people to go, but don鈥檛 ask me to鈥, now that plans are taking shape, there is a groundswell of enthusiasm from far more Imperial researchers than can be accommodated there.
Go west: it鈥檚 near and less dear
But why expand into West London at all? South Kensington is both expensive and full, Sir Keith noted, with land costing more than 10 times more than it does around White City, where it can still reach an eye-watering 拢10 million an acre.
The site is relatively near Imperial鈥檚 main campus, and crucially just 500m from the 拢66 million Imperial Centre for Translational and Experimental Medicine, opened last year, and Hammersmith Hospital, a major research and teaching hospital for the college. There is also some potential for further expansion, said Sir Keith.
At a launch event on 6 March, the president and rector - who retires at the end of 2013 - was due to say that he planned to call on other universities and businesses to get involved with the campus, which had planning permission granted in July last year.
The mayor of London, Boris Johnson, and Nick Botterill, leader of Hammersmith and Fulham Council, both support the development, which Mr Botterill called 鈥渁n exciting venture鈥 that would bring an estimated 3,000 jobs to the borough.
But not all local residents are thrilled, especially those across a railway line from the site in the borough of Kensington and Chelsea.
Members of the St Helen鈥檚 Residents Association said that although they do not oppose the range of academic and medical uses proposed for the site, they take issue with its private funders and commercial uses, in particular a tower that will 鈥渄estroy the western skyline鈥 and open up the area for more such development.
Sir Keith said it was important that their voices were heard, but added that such concerns were understandable in 鈥渁ny change in any urban area of any sort鈥.
Ultimately, local residents would benefit from investment in a part of Hammersmith and Fulham that was 鈥渟omething of a deprived area鈥, he said. 鈥淐learly our mission is academic, but [regeneration] is a very positive addition to it,鈥 he added.
The research and innovation hub will be open by early 2015, with the two further academic buildings completed soon after.
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However, the complexity of the financial arrangements being used for the campus as a whole means that Imperial West in all its glory is not likely to be finished before 2020, said Sir Keith - that is unless, of course, anyone has a spare 拢500 million.
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