In March 2011, the Boots site was awarded Enterprise Zone status by the UK Government. Enterprise Zones are designated areas with incentives to encourage the creation of new businesses, which will contribute to the growth of local and national economies.
The Nottingham Enterprise Zone is comprised of part of the Boots site and three other smaller sites – the Beeston Business Park, the Nottingham Science Park and the MediPark site (at Queens Medical Centre) which together make up 286 acres (116 hectares).
The vision for the site is to create a UK centre for innovation in health beauty and wellbeing in Nottingham. The site will offer a cost effective, high quality, centrally located site for health and wellbeing businesses such as business incubators, start-ups and small and medium enterprises. As well as existing buildings suitable for redevelopment, the site also includes around 100 acres (40 hectares) of brownfield land suitable for development.
Find out more about MediCity innovation hub.