The National Trust is tipped to take a large slice of St Martins Property’s Windmill Hill Business Park in Swindon, writes Neil Jones.
The Kuwaiti-owned developer has won consent to extend the 700,000 sq ft (65,030m2) speculative scheme with a further 90,000 sq ft (8,361m2) of offices in two buildings. The new buildings will be the first phase of a 208,000 sq ft (19,323m2) pavilion office extension to the park.
The decision to speculatively develop the first phase has led to suggestions that the site is being lined up as a new HQ for the National Trust, which announced in October its plans to move from London to Swindon. It has a 60,000 sq ft requirement through DTZ.
Peter Barefoot, director of Windmill Hill letting agent Alder King, which acts jointly with Hartnell Taylor Cook and Knight Frank, said: “It is important to remember that this is the first large-scale development in the Swindon area for some time.”
The park’s other occupiers include Cable & Wireless and Lucent Technologies.
