Sutton Council has invested £14bn in order to create ‘the world’s leading hub for cancer research and treatment’.
The council has purchased more than 22,000 square metres of land for the London Cancer Hub, a partnership between the London Borough of Sutton and The Institute of Cancer Research.
The partners have been working closely with the local Epsom and St Helier University Hospitals NHS Trust – owner of a substantial amount of unused land on the site.
The £14m purchase is the first step in what is expected to be a £1bn project, which will be predominantly funded through the private sector. The London Cancer Hub is intended to be a global centre for cancer innovation, bringing together scientists, doctors, life-science companies and a new science-specialist school.
Cllr Ruth Dombey, leader of Sutton Council said;
‘Sutton Council’s investment in The London Cancer Hub demonstrates our commitment to the borough and the future prosperity of local children and families.
The London Cancer Hub can become a global centre for cancer innovation, providing state-of-the-art facilities and delivering real benefits for patients. It will create new green spaces, community facilities and well-paid, highly skilled opportunities for local people.’