Leeds City Council has given the go-ahead for the redevelopment of Wellington Plaza.
The £50m office scheme, to be speculatively delivered by a joint venture between Asset Capital and Prescient Capital, will see the transformation of a former office headquarters building on Wellington Street into modern workspace.
The development is set to increase floor space availability to 77,000 sq ft from 21,000 sq ft with grade-A specification floorplates of up to 10,000 sq ft.
The works will also feature a total redesign of the buildings’ facade, created by DLA Architecture, while internal space is set to support the post-pandemic hybrid way of working with total flexibility for occupiers’ fit out.
Communal spaces will include a roof-top terrace, sky lounge, and business lounge.
The partners acquired the building last year and are expecting to start on site in early 2024.
Fox Lloyd Jones have been appointed joint office leasing agents for the scheme, alongside Cushman & Wakefield and Knight Frank. Society Studios will act as branding and marketing consultant.
Asset Capital chief executive Daniel Newett said: “We have plans to not only bring the site in line with its neighbouring grade-A premises but surpass this with a specification that the city has not yet seen, redefining the term ‘super prime’.”
The building sits next to Wellington Place, a 2.7m sq ft mixed-use scheme which is being delivered by MEPC.
The latest development forming a part of this project is known as 9 Wellington Place, featuring 176,413 sq ft of offices and 6,851 sq ft of ground floor retail and leisure space.
See more planning information for Leeds>>
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