British Land announces Arm leasing for entire Optic building at Cambridge Peterhouse Technology Park
Arm, the company building the future of computing, has signed a lease for the entire Optic building at British Land’s Peterhouse Technology Park, further expanding its presence at one of Cambridge’s premier science and technology hubs, writes British Land.
Arm already occupies all six buildings at Peterhouse Technology Park, totalling 330,000 sq ft. This expansion marks a significant milestone for Cambridge and reinforces Arm’s commitment to the region’s thriving innovation ecosystem.
The Optic, scheduled for completion in February 2025, provides high quality office and lab-enabled space designed to accommodate the needs of fast growing, dynamic businesses. The building is all electric and has been developed to the highest sustainability standards, targeting BREEAM ‘Excellent’ accreditation and featuring 94 EV charging points, solar panels, and a 2,500 sq ft roof terrace for socialising and relaxation.
With a history that spans more than 30 years, the Arm® compute platform touches more than 70% of the world’s population. The business’ reputation for unmatched innovation makes it one of the most recognisable technology firms in the world and a highly prestigious occupier, whose new space will be instrumental in driving the future of AI adoption and the development of next-generation technologies.
Michael Wiseman, Head of Workspace Leasing and Science & Technology, at British Land commented: “Arm is a globally significant business and its commitment to expand in Cambridge and the UK demonstrates the strength of our tech ecosystems and the growing demand for high specification offices and lab spaces in the Cambridge area.
“The UK, particularly the Golden Triangle, is ideally suited to support the growth of the world’s top innovation firms, like Arm, due to its world class academic and research institutions and deep pool of talent.
“We are incredibly proud of what we have delivered at The Optic; the building is a strong reflection of our ability to provide best in class space to cutting edge businesses such as Arm.”
Cambridge’s Peterhouse Technology Park, owned by British Land, is a 14-acre innovation-led campus of modern, sustainable lab and office space. The Park benefits from a deep local talent pool and its proximity to market leading innovation clusters and educational institutions
It is fast becoming a globally recognised location for science and technology businesses and has been home to the UK headquarters of Arm, one of the UK’s highest profile tech growth stories.
Comments