Recognise the university’s community role
Every university has a unique economic placemaking capability to contribute to its local community’s sustainability and prosperity. This strengthens its own position, forming a virtuous circle to reinforce its appeal. Comprehensive community engagement is therefore central to long-term real estate decisions.
Following extensive community and stakeholder engagement, the University of Reading recently submitted a planning application for the new Loddon Garden Village (LGV) in Wokingham Borough. LGV will deliver 2,800 new homes, schools, jobs, community facilities, and provide access and enhancements to the Loddon Valley, while supporting the University’s world-leading agricultural research.
Partnerships with other institutions can bring agglomeration benefits. The University of Reading worked with the British Museum to deliver the Archaeological Research Collection, a state-of-the-art research and collection storage facility at the University’s Thames Valley Science Park (TVSP). Objects will be protected but available to study by students, academics, local schools and community groups. Similarly, the Natural History Museum is creating a new collections, science and digitisation centre at TVSP. This will enable researchers to tackle urgent global challenges, from tracking genetic responses to climate change.