Ambitions to create a world leading hub for cancer research and treatment have taken an important step forward after Sutton Council announced a £14m investment into land needed to develop the site.
The London Cancer Hub, a partnership between the London Borough of Sutton and The Institute of Cancer Research, London, is intended to be a global centre for cancer innovation, bringing together scientists, doctors, life-science companies and a new science-specialist school.
Purchasing the land is a key milestone for the £1bn project, and clears the way for Sutton Council and its partner The Institute of Cancer Research to seek a commercial partner to help drive redevelopment of the site.
It seeks to create a truly world-leading centre for cancer research, treatment, education and enterprise on the Sutton site of The Institute of Cancer Research and The Royal Marsden NHS Foundation Trust.
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 be 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.”
Rajesh Agrawal, deputy mayor for business, added: “London is at the forefront of scientific innovation and this significant investment marks a major move forward towards the creation of a world-leading cancer hub.
"Given the presence of so many first-class universities and research institutions, not to mention our history of groundbreaking medical advances, it’s no wonder such a facility should be based in the capital.
"This is further evidence that London is open for business and open to talent in these sectors.”