University of Leicester has announced proposals for a multi-million pound National Space Park within the next two years.
The venture, described as a 'new anchor for a vital British industry', will sit next to and work with the city's space centre.
The National Space Park will be home for world-class space and earth observation scientists and will play a crucial role in attracting high-tech companies to the city.
A multi-million pound new estate development is also planned by the university, which will deliver a state-of-the art campus at the heart of Leicester’s Educational Quarter. This includes the largest investment in medical education at any UK university in the past decade.