Architect drawing up plan for address in St James’s Square

The company behind a huge cancer research facility in Oxford designed by Foster & Partners has apppointed the practice to design its new headquarters in London.

The Ellison Institute of Technology (EIT), which was set up by US billionaire Larry Ellison, is masterminding a £300m cancer research facility in the university city that is currently being built by contractor Laing O’Rourke.

The scheme, called the Ellison Institute for Transformative Medicine, consists of a complex of buildings spread across two sites and linked by a 250m-long elevated timber walkway.

larry

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Larry Ellison pictured at last month’s British Grand Prix

Now the EIT has bought a building in St James’ Square in the upmarket Piccadilly area of the capital which is set to be its base in London.

A spokesperson said: “The address [at St James’s Square] has been purchased by EIT. Foster & Partners, along with Ridge, are currently engaged in refurbishing it as our London office. We don’t have anything further to add at this time.”

Ellison, who is co-founder of the US tech giant Oracle Corporation and who attended US President Trump’s inauguration in January, is the world’s second wealthiest person, according to Bloomberg, with a net worth of $257bn (£194bn).

 

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