Offices To Let
MEPC has appointed Shepherd Construction to create a 35,000 sq ft office development at Wellington Place in a contract worth £5.5 million.
The 12-month contract will see Shepherd Construction deliver the BREEAM Excellent-rated five-storey building, together with landscaping around a new public square.
In doing so, they will create what is thought to be the first new build grade A office development in Leeds city centre for five years – and launching the next phase of growth at Wellington Place.
MEPC Chief Executive, Rick de Blaby, said: “Construction of 10 Wellington Place marks the start of the next phase of development, with planning permission granted for a further 300,000 sq ft of office space here in the heart of Leeds’ West End.
“Like MEPC, Shepherd is a long-established company which has become an industry leader by delivering the highest levels of quality and by working closely with its clients at all stages.”
Work on the building – which was designed by CJCT – is due to commence next month and is expected to last 12 months.
Colin Sargeant of Shepherd Construction said: “As well as delivering much-needed high quality new office space in Leeds city centre, this scheme is a landmark development for Leeds, which will also create excellent retail facilities on the ground floor and a new public square.
“More importantly, 10 Wellington Place will mark a turning point in the development of Leeds city centre, with more to come after several years of little to no new activity.”
Two phases of Wellington Place have already been completed and the scheme has already become a blue-chip address with occupiers including insurance giant Allianz, consultancies Tower Watson and PricewaterhouseCoopers, and BSkyB.
Planning permission was granted for 10 Wellington Place in September 2010 as part of a major mixed use development to create a five star destination on the largest site under single ownership in Leeds.
That permission includes a further 106,000 sq ft of office space at number 3 Wellington Place, 155,000 sq ft at 4 Wellington Place and a further 59,000 sq ft at 5 Wellington Place. Law firm Shulmans is the first to announce it will be moving into the new office development, when it relocates from its current base at 120 Wellington Street.
Mr de Blaby added: “Starting work on 10 Wellington Place is an exciting moment for us, and for Leeds city centre, but is only the first step towards developing the rest of the Wellington Place estate.
“We are already in talks with several potential occupiers for some of the other developments and look forward to being able to continue to build our business community.”
The agent that acted on behalf of MEPC in this transaction was Jeff Pearey at Jones Lang LaSalle. DTZ is a joint letting agent.
Monday, 29 April 2013
MEPC announces Leeds' first new office build in five years
Office Developments Leeds
Work is set to begin next month on Number 10 Wellington Place, a 35,000 sq ft, five storey new office development which is thought to be the first new build grade A office development in Leeds city centre for more than five years.
Construction is due to commence after award-winning commercial law firm, Shulmans, confirmed it would take 15,000 sq ft across two floors of the development in Leeds’ West End.
Work is expected to begin in April 2013 and is expected to last 12 months.
Once complete the BREEAM Excellent-rated building will benefit from major social amenities including ground floor retail space facing a bustling new public square.
Shulmans will then be the first to move into the new office development, relocating from its current base at 120 Wellington Street.
Tim Halstead, Managing Partner of Shulmans, said: “We are delighted to be the first occupants of what will undoubtedly prove to be a landmark development in the city. Our move to 10 Wellington Place represents a significant investment for Shulmans and is reflective of our successful growth plans. Five years ago we put into place a highly specific programme of growing the business by 50 per cent in five years and we are bang on target; this relocation is another step forward in that programme.”
MEPC Chief Executive, Rick de Blaby, added: “Shulmans joins a great line-up of existing companies at Wellington Place, including BSkyB, Allianz, Towers Watson and PwC.
“There is something big going on in Leeds right now with the opening of Trinity, the completion of the new arena this autumn, and the Tour de France next year.
“With today’s news, MEPC is adding to this growing momentum within Leeds by providing great companies like Shulmans with an exemplary new workplace in the West End’s new urban quarter.
“We believe 10 Wellington Place will be the first new build grade A office development to be completed in Leeds city centre for five years, since The Mint in Holbeck was completed in 2009 and while building 10 Wellington Place will bring great satisfaction to us, it is only the start of our next phase of development at Wellington Place.”
Planning permission was granted for the building in September 2010 as part of a major mixed use development on the largest site under single ownership in Leeds.
That permission includes a further 106,000 sq ft of office space at number 3 Wellington Place, 155,000 sq ft at 4 Wellington Place and a further 59,000 sq ft at 5 Wellington Place.
By breaking ground on 10 Wellington Place, MEPC will be leading the next phase of regeneration in the West End of Leeds, which is aimed at creating a five star destination in the heart of the city centre.
Further additions to the city such as Leeds Arena and Trinity Leeds will only serve to accelerate that development, Mr de Blaby added.
He said: “We see the start of work on 10 Wellington Place as very much the first step towards developing the rest of the Wellington Place estate.
“We are already in talks with several potential occupiers for some of the other developments and look forward to being able to continue to build our business community.”
The agent that acted on behalf of MEPC in this transaction was Jeff Pearey at Jones Lang LaSalle. DTZ is also a joint letting agent.
Work is set to begin next month on Number 10 Wellington Place, a 35,000 sq ft, five storey new office development which is thought to be the first new build grade A office development in Leeds city centre for more than five years.
Construction is due to commence after award-winning commercial law firm, Shulmans, confirmed it would take 15,000 sq ft across two floors of the development in Leeds’ West End.
Work is expected to begin in April 2013 and is expected to last 12 months.
Once complete the BREEAM Excellent-rated building will benefit from major social amenities including ground floor retail space facing a bustling new public square.
Shulmans will then be the first to move into the new office development, relocating from its current base at 120 Wellington Street.
Tim Halstead, Managing Partner of Shulmans, said: “We are delighted to be the first occupants of what will undoubtedly prove to be a landmark development in the city. Our move to 10 Wellington Place represents a significant investment for Shulmans and is reflective of our successful growth plans. Five years ago we put into place a highly specific programme of growing the business by 50 per cent in five years and we are bang on target; this relocation is another step forward in that programme.”
MEPC Chief Executive, Rick de Blaby, added: “Shulmans joins a great line-up of existing companies at Wellington Place, including BSkyB, Allianz, Towers Watson and PwC.
“There is something big going on in Leeds right now with the opening of Trinity, the completion of the new arena this autumn, and the Tour de France next year.
“With today’s news, MEPC is adding to this growing momentum within Leeds by providing great companies like Shulmans with an exemplary new workplace in the West End’s new urban quarter.
“We believe 10 Wellington Place will be the first new build grade A office development to be completed in Leeds city centre for five years, since The Mint in Holbeck was completed in 2009 and while building 10 Wellington Place will bring great satisfaction to us, it is only the start of our next phase of development at Wellington Place.”
Planning permission was granted for the building in September 2010 as part of a major mixed use development on the largest site under single ownership in Leeds.
That permission includes a further 106,000 sq ft of office space at number 3 Wellington Place, 155,000 sq ft at 4 Wellington Place and a further 59,000 sq ft at 5 Wellington Place.
By breaking ground on 10 Wellington Place, MEPC will be leading the next phase of regeneration in the West End of Leeds, which is aimed at creating a five star destination in the heart of the city centre.
Further additions to the city such as Leeds Arena and Trinity Leeds will only serve to accelerate that development, Mr de Blaby added.
He said: “We see the start of work on 10 Wellington Place as very much the first step towards developing the rest of the Wellington Place estate.
“We are already in talks with several potential occupiers for some of the other developments and look forward to being able to continue to build our business community.”
The agent that acted on behalf of MEPC in this transaction was Jeff Pearey at Jones Lang LaSalle. DTZ is also a joint letting agent.
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