Boost for businesses as Dartford Borough Council acquires The Nucleus innovation centre
The future of dozens of start-ups and growing companies has been secured after Dartford Borough Council finalised purchasing a business and innovation centre at the heart of The Bridge development.
Previously a joint venture between Dartford Borough Council and ProLogis Developments Ltd, The Nucleus was designed to house 65 companies, with 30,000 sq ft of office space. In 2021 the Council began working to safeguard The Nucleus business and innovation centre, after its partnership to develop The Bridge with Prologis came to a natural end.
The sale to Dartford Borough Council was finalised in December 2022 and work can now begin to help support the centre to grow.
Leader of the Council Jeremy Kite said: “When our successful partnership with Prologis came to an end in 2021, we saw the need to protect The Nucleus as a business hub moving forward.
“This is a responsible investment from Dartford Borough Council’s point of view, and it’s also exciting news for local businesses, who can receive support and brilliant office spaces at a great strategic location.
“Our next step is to work with lead operator Oxford Innovation Space, and the businesses in The Nucleus to make sure we’re offering them the best service.”
Jo Stevens, MD, Oxford Innovation Space commented “We are delighted to be collaborating with Dartford Borough Council on fostering a dynamic and entrepreneurial environment in the region. The Nucleus continues to provide a unique space for start-ups and businesses to connect, collaborate and grow, driving economic development and job creation in the area.
“We look forward to being able to support more innovative new businesses in the centre, encouraging them to grow and thrive.”
The Nucleus was built as part of the 264-acre development of The Bridge. Previously a derelict overgrown site, The Bridge is now a thriving Dartford neighbourhood, with hotels, restaurants, homes and community facilities, making it a vital contributor to Dartford’s economy.
Any business interested in renting office space at The Nucleus can contact KStevens@oxin.co.uk.