Wates to build £141m London and Leeds office schemes

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Wates to build £141m London and Leeds office schemes

 

Wates was appointed by Huddersfield’s Roydhouse Properties to build its Central Square development on Wellington Street in Leeds.

 

The scheme will see a creation of 220,000 sq ft mixed use development comprising of 11 storeys of Grade A office space, retail and leisure.

 

The buildings works on the former Royal Mail site are expected to begin in coming June, spanning for a period of 100 days. A variety of construction contract jobs will be in the pipeline.

 

Leeds City Council executive member for development and economy Richard Lewis said: “It is good news that development is about to start on site and is further evidence of Leeds coming out of recession.

 

“This development will provide a further boost to the Leeds’ office market and gives confidence to the supply of Grade A space in the city.”

 

Moreover, the firm has been re-selected to continue the Development Securities’ Hammersmith office scheme, following the completion of its first phase in July 2013.

 

The deal is estimated at £41m for 12 Hammersmith Grove, and will see the creation of 11-storey building with a total floor area of 218,500 sq ft.

 

The new office building is the second and final phase of the developer’s office-led regeneration development in West London.

 

The project is scheduled to reach completion for spring 2016 and is expected to achieve a BREEAM Excellent rating, with features including green sedum roofing to encourage biodiversity.

 

Wates Construction business unit director for London and Kent Richard Shroll said: “Our appointment to deliver 12 Hammersmith Grove is testament to the success of the first phase of the development, which Wates completed on time and on budget last year.

 

“We are entering a period of firm confidence in the recovery of the UK economy and we are very proud to be a part of this flagship scheme, which is at the forefront of regeneration in west London.”

 

Richard McCubbine of Development Securities added: “Wates’ continued involvement in the development will allow us to build on what is already an incredibly successful scheme and one which is demonstrative of the increasing strength of demand in Hammersmith.”

 

Photo Source: Building

 

Sources:

www.constructionnews.co.uk

www.building.co.uk

www.constructionenquirer.com

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