Loughborough University has taken possession of SportPark, a bespoke sports administration hub which will host a number of UK sports bodies.

Designed and built by Baggaley Construction, the £15m landmark building at the west entrance of the University campus will be home to sports organisations including British Swimming, the Amateur Swimming Association, Volleyball England, the Great Britain Wheelchair Basketball Association, UK Sport and the Youth Sports Trust.

The sports bodies will work side-by-side in an environment that has been designed to encourage partnership working, shared best practice and collaboration.

Developed by Loughborough University, and part-funded by East Midlands Development Agency (EMDA), Sport England, Charnwood Borough Council and Leicestershire County Council, SportPark is designed to support sports organisations as they strive to raise their game in achieving excellence across performance and participation within sport.

The university hopes that the SportPark will become a key national hub for sports development and a centre for sharing, innovation and creative working.

Tim Garfield, Loughborough University's deputy director of sport, said: "Today marks the culmination of a huge amount of preparation work, not only in terms of construction of the building, but also the extensive consultation with our sport partners.

"Together we aim to create an atmosphere and ambition that will further cement our relationships for the shared aim of driving sport in the UK forward towards Olympic success in 2012 and getting the nation fitter and healthier through promoting sport and physical activity."