Major new health care, regeneration and sporting projects totalling more than £200m have been unveiled at the world’s only Olympic legacy park outside a host city in Sheffield.
The Sheffield Olympic Legacy Park will see a National Centre for Child Health Technology (CCHT) and ground-breaking diagnostic imaging research hub created in a masterplan which could generate over 5,600 high value jobs.
“Overall, we predict that the CCHT alone will generate £30m in research funding, attract £50m in private sector investment and will deliver over £200m in savings to the NHS in the next 10 years.”
Sheffield Olympic Legacy Park was set up after the London 2012 Olympic and Paralympic Games to deliver whole population improvements in health and wellbeing. A year ago, Sheffield Hallam University’s £14m Advanced Wellbeing Research Centre (AWRC) opened at the heart of Sheffield Olympic Legacy Park.
A new Community Arena will complete the first £100m development phase of Sheffield Olympic Legacy Park and this will be home to a new, world-class diagnostic imaging lab and research centre for Canon Medical Systems Europe. The new Community Arena will also provide community basketball facilities and become the new home of Sheffield Sharks Basketball Team.
Also included in this development phase is a 3,900-capacity Legacy Community Stadium which Scarborough Group International (SGI) is due to deliver by February 2022. It will become the new home of Sheffield Eagles Rugby League Football Club and provide 23,000 sq ft of business and conference space.
Richard Caborn, Former Sports Minister and Project Lead for the Park, said: “Sheffield Olympic Legacy Park continues to deliver a comprehensive approach to providing the solutions to the major healthcare and economic challenges of our times.
“It is a catalyst for investment and regeneration and attracting the very best translational research and development technologies and skills to the Sheffield City Region which will have a huge impact nationally and internationally.”
SGI has produced a masterplan for the next five years which will see a further 850,000 sq ft of development at Sheffield Olympic Legacy Park, which should attract investment of around £250m. The masterplan is expected to create over 5,600 jobs and generate over £2bn in GVA benefits.
