{"id":46182,"date":"2025-08-05T19:00:14","date_gmt":"2025-08-05T19:00:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/46182\/"},"modified":"2025-08-05T19:00:14","modified_gmt":"2025-08-05T19:00:14","slug":"fosters-working-on-new-london-hq-for-firm-behind-oxford-cancer-facility-being-funded-by-worlds-second-richest-person-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/46182\/","title":{"rendered":"Fosters working on new London HQ for firm behind Oxford cancer facility being funded by world\u2019s second richest person | News"},"content":{"rendered":"

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.<\/p>\n

The Ellison Institute of Technology (EIT), which was set up by US billionaire Larry Ellison, is masterminding a \u00a3300m cancer research facility<\/a>\u00a0in the university city\u00a0that is currently being built by contractor Laing O\u2019Rourke.<\/p>\n

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.<\/p>\n

\"larry\"<\/p>\n

Now the EIT has bought a building in St James\u2019 Square in the upmarket Piccadilly area of the capital which is set to be its base in London.<\/p>\n

A spokesperson said: \u201cThe address [at St James\u2019s Square] has been purchased by EIT. Foster & Partners, along with Ridge, are currently engaged in refurbishing it as our London office. We don\u2019t have anything further to add at this time.\u201d<\/p>\n

Ellison, who is co-founder of the US tech giant Oracle Corporation and who attended US President Trump\u2019s inauguration in January, is the world\u2019s second wealthiest person, according to Bloomberg, with a net worth of $257bn (\u00a3194bn).<\/p>\n

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