Milton Park | |
---|---|
Type | Business park / Technology park / Science park |
Location | Near Didcot, Oxfordshire, within Science Vale, England (UK) |
Nearest city | Oxford |
Coordinates | 51°37′23″N 1°17′31″W / 51.623°N 1.292°W |
Operated by | MEPC |
Website | www |
Milton Park is the UK’s largest single ownership innovation community,[1] situated in Vale of the White Horse in South Oxfordshire, England. The Park is located between Didcot and Abingdon in Science Vale UK,[2] a cluster of significant growth, innovation and enterprise.
Covering nearly three million square feet of floor space across 300 acres, it comprises over 250 organisations employing thousands of people across sectors such as life sciences, energy, space and supporting technologies.
Milton Park was formerly a Ministry of Defence military depot[3] during the First and Second World Wars, before it was auctioned in 1971 to become the Milton Trading Estate. In 1984, MEPC plc acquired Milton Park and in 1988, the management team made the decision to support science companies, startups and Oxford University spinouts. From 2013 to 2023, occupiers based at Milton Park secured 7.56% of the UK’s overall investment for life sciences.[4]
In addition to its occupiers, Milton Park features a variety of amenities including cafés, food outlets, a gym with a swimming pool, pharmacy, Post Office, Amazon lockers, MOT centre and a day nursery.
Milton Park is held in the MEPC Milton LP joint venture partnership[5] two long-term pension fund shareholders, Federated Hermes and CPP and is operated by MEPC Ltd, a specialist real estate development and asset operating platform within Federated Hermes.