Detailed designs for three new interconnected buildings which will be YASA’s new UK HQ based at Bicester Motion, the c. 180ha future mobility estate in Bicester Oxfordshire, have been approved by Cherwell District Council.
YASA, a spin-out from the University of Oxford and wholly owned by Mercedes-Benz Group, is pioneering new electric drive technology. It has agreed on a 15-year lease to pre-let its new HQ which will total 8,220m2.
A reserved matters application, with bespoke detailed designs, layout and landscaping to enable YASA to continue its innovative R&D and growth strategy, was submitted to Cherwell District Council, the planning authority, and Oxfordshire County Council, the highways authority.
With approval received, construction is due to start on-site in July 2024 and practical completion is targeted for spring 2025.
The carbon-efficient buildings will target BREEAM Excellent certification and EPC A rating. They will be prepared for solar PV technology creation and include dedicated ecology and biodiversity areas, green space amenities for staff health and wellbeing, and bicycle parking spaces.
Paul Fitzpatrick, head of marketing and communications, YASA said: “We are delighted that our new UK HQ has the official green light. This is significant news for our staff, customers and wider supply chain. We have worked closely with the Bicester Motion team to ensure that our new facility matches our ambitions as part of Mercedes-Benz, right here in Oxfordshire, the heartland of automotive technology.”
Daniel Geoghegan, chief executive, Bicester Motion said: “We welcome this news and I thank our team which has worked tirelessly and efficiently to deliver YASA’s detailed designs for their new landmark HQ. YASA has impressive plans to continue accelerating its business in Oxfordshire, the unrivalled home of world-leading automotive technology and mobility brands. We look forward to progressing with construction to deliver for YASA. We continue positive discussions with a range of future mobility and advanced technology companies for our remaining new buildings.”
Adalta Real represented Bicester Motion. Adalta Real and Bidwells are the commercial leasing agents.
Image provided by Spacecraft Consulting.
Europe Real Estate — an overview of real estate developments in European countries.