New Basingstoke headquarters for Eli Lilly complete

Muse Developments and Basingstoke and Deane Borough Council have handed over the keys to a new headquarters for global pharmaceutical giant, Eli Lilly and Company.

The 45,000 sq ft Grade A office building, built in line with government guidelines by Muse’s sister company, Morgan Sindall Construction, will become Lilly’s new home once its fitout completes, where it will move from its current campus facility on Priestley Road in Basingstoke.

With funding from the Enterprise M3 Local Enterprise Partnership and support from the council’s Invest to Grow fund, the new development is located within the Basing View Enterprise Zone and is the first pre-let office building in the M3 corridor for many years.

Muse Developments is the borough council’s development partner to deliver the £500m, 65-acre mixed-use development in the heart of the town.

‘It’s yet another proud milestone for everyone involved at Basing View as we handover the scheme to Lilly, despite the challenging times we’re in,’ said development director, Chris Scott.

‘We firmly believe that we’re transforming Basing View into one of the Thames Valley’s premier business hubs. This is testament to our open collaboration with Basingstoke and Deane Borough Council, as we work together to drive economic growth, opportunities for all and prosperity to benefit the community.’

Basingstoke and Deane Borough Council’s cabinet member for regeneration and property, Cllr John Izett, said: ‘I am delighted that external construction work is now complete and we have now handed over the new headquarters to Lilly. The global pharmaceutical firm is one of the borough’s key, longstanding employers and we are delighted about the company’s continued commitment to Basingstoke.

‘As the council takes a leading role in the borough’s economic recovery through projects such as the regeneration of Basing view, I am confident about Basingstoke’s credentials as an attractive business location for the future.

‘The significant annual rent that the council will receive as the owner of this new building will also help us to protect our key frontline services.’

Photo Credit – Supplied