Home » HBD X Factory to develop £1bn ‘digital innovation campus’ in Cheltenham

HBD X Factory to develop £1bn ‘digital innovation campus’ in Cheltenham

by Sion Geschwindt
HBD X Factory to develop £1bn digital innovation campus in Cheltenham

HBD X Factory, a joint venture between Henry Boot’s HBD and Factory, has been chosen to develop the first phase of a £1bn cyber and digital innovation campus in Cheltenham.

The Golden Valley Development will be an integrated campus spanning over 200 acres and will provide 3,700 new homes, almost 12,000 new jobs, and 2 million sq ft of commercial space focused on cyber and digital innovation.  

The first phase will be the delivery of a mixed-use community clustered around Factory’s first project of scale in the UK, a 150,000 sq ft innovation space that will serve as the new National Cyber Innovation Centre.

HBD X Factory is currently progressing a variety of design options in advance of a public consultation programme, prior to submitting planning applications, including a masterplan framework for the site and detailed proposals for the Innovation Centre.

Smart technology coupled with innovative design and modern methods of construction (MMC) will minimise energy output and carbon impact across all elements of the project’s development and subsequent operation, the developer said.

Tim Roberts, CEO of Henry Boot PLC, commented: “HBD’s ability to secure the development contract for this nationally significant project is testament to its track record in delivering large-scale, transformative regeneration schemes.

“HBD’s pioneering joint venture with Factory provides an additional competitive edge, combining our exemplar sustainable construction techniques with Factory’s technical expertise, presenting an exciting opportunity to deliver upon the JV’s visionary ambitions and access the enormous potential of the UK’s tech sector whilst supporting the Levelling Up agenda.”

The HBD X Factory joint venture was established in August 2021 specifically to target developments in the UK tech sector.

Image: An artist’s impression of the new Golden Valley development (credit: Henry Boot)

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