LEEDS’ ONLY OUT OF TOWN PREMIUM SPEC OFFICES READY FOR OCCUPATION
A new ‘headquarters’ office building, which is currently the only major out of town scheme available in Leeds, is now completed and ready for immediate occupation.
Paradigm at Thorpe Park Leeds offers 31,650 sq ft of lettable space with principal floor plates ranging from 8,800 sq ft to 10,275 sq ft and 122 car parking spaces. The building, which features a fully glazed top level suite and large terrace with panoramic views, is prominently located overlooking Junction 46 of the M1.
It is the first of a total 940,000 sq ft of new business space planned at the Thorpe Park Leeds where planning consent has been secured for phase two including 1.35 million sq ft of mixed use accommodation.
Development plans include a 300,000 sq ft shopping and leisure park where Next, M&S, Outfit and TK Maxx are already confirmed with many more in legal negotiations. Phase two also includes 300 new homes by Redrow and 110 acres of parkland and sports facilities.
Last week, Leeds City Council announced that Thorpe Park Leeds was to benefit from a new railway station, with associated Park and Ride, as part of a £270 million investment into regional railway infrastructure. This brings great benefits for all existing and new occupiers at Thorpe Park Leeds with direct connectivity to the city centre.
Phase two also includes delivery of the first section of the ‘East Leeds Orbital Road’, a key piece of infrastructure connecting north and east Leeds to Junction 46 of the M1. This road will unlock land for the construction of up to 7,000 new homes in the East Leeds area, land that is either already allocated in the Local Plan or which is ‘brownfield’ land.
Thorpe Park Leeds, which is a joint venture between Scarborough International Properties and Legal & General Capital, is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, Kier, Laing O’Rourke, Atkins, BAM and National Grid.
Mark Jackson of Scarborough International Properties said, “We were delighted to unveil Paradigm as a good example of what to expect in phase two office development at Thorpe Park Leeds. With the delivery of a unique new retail and leisure park already underway, news of the much anticipated direct rail link and the new Manston Lane Link Road due to complete in early 2018, there really is no better location for occupiers and their staff.”
JLL, Cushman & Wakefield and BNP Paribas Real Estate are appointed to market the office buildings at Thorpe Park Leeds..
Jeff Pearey, Lead Director for Yorkshire and North East at JLL said, “The launch of Paradigm was exceptional and surprised many in terms of the quality of accommodation for an out of town location. This really does set the precedent for what we can expect in the future at Thorpe Park Leeds with a major plus point for occupiers following the news of a direct rail link as well as high quality doorstep shopping and leisure facilities.”
Thorpe Park Leeds is already an important business location for both Leeds and the North of England, located just six miles east of Leeds City Centre, with direct access off junction 46 of the M1. The new development plans are groundbreaking in their mix of uses and scale and Thorpe Park Developments vision is to develop a business and leisure location unequalled in the UK creating a truly unique place for both existing and new occupiers.
Earlier this year Thorpe Park Leeds won the coveted ‘Best Deal’ Award at the Yorkshire Property Awards for its groundbreaking funding arrangement with Legal & General Capital.