RCS - Boot(Henry) PLC - Henry Boot to develop £162m aviation campus

Henry BootAnnouncement

19/09/2025 07:00

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RNS Number : 9487Z  Boot(Henry) PLC  19 September 2025

Henry Boot to develop £162m pioneering aviation innovation campus at IWM
Duxford

 

Henry Boot announces that HBD, the group's property investment and development
arm, has been appointed by Imperial War Museums (IWM) and Gonville & Caius
College, a constituent college of the University of Cambridge, as development
partner for Duxford Av Tech.

 

The 25-acre site is located 8 miles south of Cambridge city centre within the
economically significant Oxford-Cambridge Arc, offering excellent transport
links with access to Junction 10 of the M11.

 

The project totals 435,000 sq ft with a gross development value of £162
million and is set to create an aviation technology campus that will be at the
intersection of academia, industry and government, dedicated to developing low
and zero carbon aircraft technology at IWM Duxford. HBD is targeting high
sustainability credentials for the new campus, including BREEAM Excellent and
an EPC A+ Rating.

 

Duxford AvTech is projected to deliver significant economic, environmental and
social benefits, including 1,200 new jobs and an estimated £64 million in
additional gross value added to the Cambridgeshire economy. The next step will
be to prepare detailed development plans and engage with partners with the aim
of submitting a planning application before the end of the year.

 

This scheme expands on HBD's innovation capabilities, following recent
approval for the first phase of £1 billion Golden Valley scheme in
Cheltenham, which will create approximately 1 million sq ft of prime
commercial space, including IDEA, the 160,000 sq ft National Cyber Innovation
Centre, as well as 576 residential units of various tenures.

 

Tim Roberts, CEO at Henry Boot, commented: "HBD's appointment at Duxford
AvTech represents another important milestone for our property investment and
development business. This is a transformative scheme that will unlock
meaningful opportunities for the local economy and further strengthen
Cambridge's position as a global hub for research and innovation. We look
forward to working alongside IWM and Gonville & Caius College to deliver
this world-class advanced aviation technology cluster."

 

Notes to editors

Henry Boot is one of the UK's leading land, property development, home
building and construction businesses - and we've been transforming land and
spaces since 1886. Listed on the London Stock Exchange since 1919, we're
renowned for quality, expertise, delivery and a partnership approach across
the group - which comprises, Hallam Land, HBD, Stonebridge, Henry Boot
Construction, Banner Plant and Road Link.

 

Operating across the UK, and employing over 500 people, we focus on three key
markets: urban development, industrial and logistics and residential. Hallam
Land manages one of the top five largest land portfolios in the country, with
the potential to facilitate over 100,000 homes. HBD manages a development
pipeline of £1.2bn, the equivalent of 6m sq ft of developments across our key
markets, while maintaining a £107m investment portfolio, of which 72% of the
properties have an EPC rating of 'C' or higher. Stonebridge, our jointly owned
home building business, manages a land portfolio capable of delivering 1,700
homes, with an ambition to deliver up to 600 new homes a year.

 

Henry Boot Construction has extensive experience in both the public and
private sectors, including major projects such as the £200m regeneration of
Barnsley town centre, and The Cocoa Works, a £57m residential development in
York. For over 65 years, Banner Plant has supplied construction products and
services, operating from seven regional depots in the North of England.

 

We have also developed an ambitious Responsible Business Strategy to help us
meet our aim of being Net Zero Carbon by 2030, and to deliver, by 2025,
charitable, community and education work valued at £1m.

 

From land promotion, property development and investment to home building,
construction and plant hire, Henry Boot is where great places start.

 

henryboot.co.uk (http://www.henryboot.co.uk/)

 

Enquiries

 

FTI Consulting

Richard Sunderland / Giles Barrie

07894 797067 / 07798 926814

henryboot@fticonsulting.com

 

Henry Boot PLC

Tim Roberts, Chief Executive Officer

Darren Littlewood, Chief Financial Officer

Daniel Boot, Senior Corporate Communications Manager

07825 088807

dboot@henryboot.co.uk

henryboot.co.uk

 

Deutsche Numis

Joint Corporate Broker

Ben Stoop

0207 260 1000

 

Peel Hunt LLP

Joint Corporate Broker

Ed Allsopp / Pete Mackie

0207 418 8900

 

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