Leeds city centre’s first new office building for five years is to be a state-of-the-art facility designed to attract blue chip companies to the city.
After appointing Shepherd Construction earlier this week, developers MECP announced that work will begin on 10 Wellington Place next month and should be completed by May 2014. It will provide 35,000 sq. ft. of office space across five storeys.
As the popularity of its products continues to surge, LEGO is taking on 80,000 sq. ft. of office space as part of expansion plans for its US operation.
The global toy manufacturer reported a 15% increase in revenue worldwide in 2012, and expects robust growth to continue throughout 2013. Its share of the US toy market has quadrupled over the last five years.
A £200 million development in the Haymarket area of Edinburgh is finally to go ahead thanks to a joint venture between the site’s owners and an international construction company.
Planning approval for the site near Haymarket station was granted back in 2011 and it already has a number of big-name companies signed up to take space. Now that Interserve and Tiger Developments have formed a partnership, work can begin on the first phase of construction.
Not-for-profit organisation Wenta has marked its thirtieth year in business with the acquisition of a new business centre in Enfield.
The organisation, which specialises in providing business support and advice, acquired the site in Enfield from the London Borough of Enfield. Formerly known as The Business Innovation Centre, the building has a total floor area of almost 40,000 sq. ft., including
office space.
Plans to transform Birmingham into a world-class city received another boost this week, with news that a joint venture to redevelop the Paradise Circus site has been approved.
Occupying a location at the heart of the City Centre Enterprise Zone, Paradise Circus will play a pivotal role in future plans for the city. The £450m redevelopment of the site is intended to improve traffic flow and movement through the city, with better access to other key areas of the city, including the ICC, the Jewellery Quarter, Colmore Business District and New Street Station.
70,000 sq. ft. of new office space is to mark the beginning of a new direction for Chester – countering criticism that the city has been resting on its laurels.
Construction work is to begin on the six-storey building in early 2014. By 2015, it is expected to provide 1,000 new jobs and a £100m boost to the local economy.
The Manchester home of the Cooperative Society and E.ON’s energy efficient offices in
Nottingham are among the nominees for this year’s regional RIBA Awards.
The RIBA awards seek to celebrate the best of British architecture each year, irrespective of a structure’s size or purpose. As this year’s regional shortlists are announced, a number of office buildings have already been revealed as contenders for the prize.
An iconic Liverpool building has been saved from demolition thanks to commercial property developers who plan to transform it into business and hotel space.
After standing vacant for over 10 years, the future of the Littlewoods Pools Building off Edge Lane was looking far from certain until planners approved developer Capital & Centric’s plans for the site last week.
Businesses across Yorkshire & Humberside are feeling confident about the region’s prospects in 2013. That’s according to data from officebroker.com, which shows that businesses are spending more per workstation and committing to their serviced office spaces for longer.
Compared with the same period in 2011, the average price per workstation across Yorkshire & Humberside for the final quarter of 2012 was up 34%, from £130 to £174. Average licence length also increased to an average of 9.2 months per serviced tenant, from 8.1 months in 2011.
While London and Liverpool battle outspoken opposition to their contemporary business centre plans,
Leeds City Council is taking the next step to turn heritage buildings into
office space, making them an integral part of city redevelopment.
For the latest stage in the Holbeck Urban Village development, Leeds City Council will meet this week to consider a proposal to transfer several landmark buildings in the area to City Council ownership. Those presenting the proposal hope that once under Council control, barriers to redevelopment work will be reduced, attracting further investment into the area.