Scarborough International Properties has announced a deal with BigChange to take 9,500 sq ft of office space at Thorpe Park Leeds.
The successful mobile workforce management technology company has agreed a 5-year lease on the entire ground floor of building 3150 at the park which is located at Junction 46 of the M1 motorway.
Due to significant growth over the last five years BigChange is moving to Thorpe Park Leeds to facilitate expansion of its operations and provide the right environment for its current team of 70 which is forecast to increase to more than 150 over the next five years.
Martin Port, Founder and CEO at BigChange said, “We are delighted to announce our move to Thorpe Park Leeds. These new offices will almost treble our workspace to allow us to expand our operations and also provide a great environment for our team to work from and customers to visit.
“BigChange has grown significantly over the last five years from a £300k annual turnover to £7m. In 2017 alone, we won over 10 awards including the prestigious Deloitte Fast 50, recognising the fastest growing tech businesses. We ranked 25th in the UK and 98th in the Fast 500 in EMEA.”
Thorpe Park Leeds is an established business location, adjacent to the M1 motorway, with 800,000 sq ft of development built and occupied to date, including 600,000 sq ft of high quality office accommodation. It is currently home to over 60 blue chip businesses employing around 4,500 people.
Paul Holcroft, Head of Commercial Leasing at Scarborough International Properties, said, “We are pleased to agree this significant deal with BigChange on the back of our recent deal with Duchy Homes. Thorpe Park Leeds will offer an ideal base for this forward thinking, innovative Deloitte Technology Fast 50 business and its growth in years to come.
“As well as prime office space with fantastic accessibility, we offer comprehensive travel, health and wellbeing facilities for staff through our unique ParkLife platform and this is proving invaluable as we progress further deals to let our newest building, Paradigm.”
The deal with BigChange will see Scarborough International Properties vacate the ground floor of 3150 and relocate into 4,000 sq ft in building 3125.
Cushman & Wakefield, JLL and BNP Paribas Real Estate are office agents on Thorpe Park Leeds.
Following a £162 million investment deal with Legal & General Capital, Scarborough International Properties is progressing a transformational 1.35m sq ft mixed-use expansion, bringing forward exceptional new business opportunities to the Leeds City Region.
Phase two of the development is now well underway with a new 350,000 sq ft retail and leisure park due for completion this Autumn. Occupiers will include Next, M&S Simply Food, Boots, Odeon and Pure Gym. The plan also includes a further 940,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities.
The first new 31,650 sq ft ‘headquarters’ office building, currently the only major out of town scheme available in Leeds, is now completed and ready for immediate occupation.
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.
The award-winning development has dedicated access to Junction 46 of the M1 and has been chosen for the new railway station, ‘East Leeds Parkway’ and associated Park and Ride, connecting Thorpe Park Leeds directly to Leeds city centre in eight minutes. This forms part of a £270 million infrastructure investment into Leeds by the Department of Transport.