SGI completes Old Medical School acquisition
Selected as preferred bidder by Leeds Teaching Hospitals NHS Trust in May, Scarborough Group International wants to turn the 75,000 sq ft building into a healthtech innovation hub.
The school is a key component of Leeds’ proposed Innovation Village, and will feature co-working spaces, meeting rooms, event areas, offices and laboratories.
Simon McCabe, chief executive of SGI, said: “This is an exciting time for SGI as we further strengthen our commitment to the UK’s life sciences sector, supporting the Government’s vision of building a world-leading healthcare system and life sciences hub.
“The sector holds enormous potential to drive economic growth and significantly improve health outcomes for thousands of people across the UK and we’re proud to contribute to this transformative impact.”
Professor Phil Wood, chief executive of LTH NHS Trust, said: “This grand, historic building will be transformed into a leading Health Tech Innovation hub that Leeds will be very proud of.
“It is an exciting element of wider plans in this part of the city to create an Innovation Village that will transform health and life science-led development, as well as complementing the building of a new state-of-the-art hospital on the Leeds General Infirmary site.
“The hub will provide a brilliant environment for innovation that will have a direct impact on patient care for decades to come.”
The trust, and wider city leadership, is currently engaged in trying to secure the backing from government required to update Leeds’ hospital infrastructure, with the Leeds General Infirmary site on Great George Street named as a priority by the previous administration but still awaiting progress.
