The project is due to start in August 2015 and complete a year later.
Plymouth Science Park is a joint venture between Plymouth University and Plymouth City Council and is part of the Growth Acceleration and Investment Network (GAIN). It is home to more than 70 businesses employing 750 people.
The development is being funded by the partners with funding from the first round of the Growth Deal made by Government to the Heart of the South West Local Enterprise Partnership.
For more information about Plymouth Science Park, please visit
here.