| the yorkshire region
BRAND NEW PUBLIC SQUARE IS UNVEILED IN LEEDS
EPC has revealed Tower Square at Wellington Place and at over an acre the public square is set to become one of the most prominent public realms in the city.
M Larger than City Square, in the heart of
Wellington Place, Tower Square stretches from the historic wagon hoist building to Whitehall Road and is one of the largest public places in central Leeds. Wellington Place is funded by a joint venture with Canada Pension Plan Investment Board (CPPIB), a professional investment management organisation that invests on behalf of 19 million Canada Pension Plan contributors and beneficiaries and Hermes Investment Management, the £23 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients, responsibly. To celebrate the opening of Tower Square and the next stage of the Wellington Place development programme, an event was held during which a hand- crafted mosaic, designed by the MEPC Wellington Place team alongside a Leeds environmental enterprise, Seagulls ReUse, was revealed. Taking months to complete,
the mosaic, which representatives from across all businesses within Wellington Place helped to create, will take pride of place in the heart of the new space. The celebration continued in the striking atrium of 6 Wellington Place, where guests were serenaded by the Wellington Place workplace choir, led by choir leader and professional musician, Nic Slack. Guests also enjoyed the incredible skills of circus pioneers Upswing, who displayed daring aerial acts through a captivating performance from the stunning five story central atrium.
In the coming weeks, Tower Square will spring to life. From street food pop-ups to public art displays and community events, MEPC is dedicated to delivering a full schedule of activity for all to enjoy. The new square has been designed with the sole aim to provide enjoyment for all those who come into contact with the space, so it is sympathetically landscaped, incorporates ground floor retail, flexible seating and free WiFi.
James Dipple, Chief Executive of MEPC,
said: “We’re excited to celebrate the next step of our journey with the unveiling of
6 Wellington Place
Tower Square and the recent success of 6 Wellington Place, which was fully let within four weeks of practical completion. The summer brings more exciting news from MEPC with 5 Wellington Place due for completion, along with a fantastic schedule of activity at Tower Square, plus the anticipated start of 3 Wellington Place, a 110,000 sq.ft building in June 2016.” The event was attended by key
stakeholders from the city as well as current and new occupiers from Wellington Place along with fund managers from CPPIB and Hermes Investment Management.
THAT’S CAPITOL! 1,600 JOBS CREATED AT LEEDS BUSINESS PARK
T
he arrival of Barratt Homes at Sterling Capitol’s Capitol Park West in south
Leeds means that 1,600 quality and sustainable jobs have been created at the pioneering business park. Barratt Homes has just moved into Raynham House at Capitol Park, by Junction 28 of the M62, taking 12,700 sq.ft on a five-year at £16.50 per sq.ft. The company has brought more than
80 staff to Capitol Park, taking the total number of employees on the park to more than 1,600. Mike Heydecke, director of Sterling
Capitol, commented: “Job creation has always been at the heart of our company’s plans at our three Yorkshire business parks in Leeds, Barnsley and Goole. Breaking the 1,600 jobs barrier at Capitol Park makes us very proud indeed.
“The diverse companies on site in
Leeds site include Hermes, Henderson Insurance Brokers, dePuy, the NHS, AvailableCar, Ideal Heating and the Village Hotel. We are now delighted to welcome Barratt Homes.” Ian Ruthven, Managing Director at Barratt Homes Yorkshire West,
80
commented: “Looking for new office space can often be a testing time for businesses, but we are very pleased with the new premises we have secured at Capitol Park, which offers great facilities in a brilliant location - perfect for our established and growing team at Barratt Homes.
“The new office at Raynham House
provides the business with more space for their expanding team following a series of hires over the past year. It is home to more than 80 members of staff, providing Barratt with room for expansion as the housebuilding market within the region continues to grow. “Over the past year, the team at
Barratt Developments Yorkshire West has grown by about 15 per cent, while the housebuilder expects to further expand its team within the region upon the opening of its 2016 Apprenticeship Scheme later this month. He added: “These are very exciting
times for us at Barratt Yorkshire West. Over that past year we have invested in growing and developing our team, which has culminated in us sourcing our new offices."
Mike Heydecke added: “We are
delighted to welcome such a high-profile company and successful company like Barratt Homes to Capitol Park. Their decision to move here is a resounding endorsement of the quality of our park. “I would also like to thank Elizabeth Ridler and Knight Frank for their hard work on this important deal. Elizabeth’s expertise and commitment are exemplary and played a major part in making sure that everything was concluded satisfactorily,” said Mr Heydecke. Ms Ridler said: “Developers Sterling
Capitol have created one of the most impressive business parks in Yorkshire, with an excellent mix of tenants and facilities. This significant deal proves that business locations such as Capitol Park remain popular in a rapidly improving economic climate.
“Barratts were looking for a self-
contained high-quality and attractive office space in an excellent location for more than 90 employees. Capitol Park ticked all the boxes. It is next to the M62 and within five minutes of the M1, so it has tremendous access to Yorkshire’s superb motorway network.”
COMMERCIAL PROPERTY MONTHLY 2016
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