Accountancy firm to be anchor tenant at Chester development

ACCOUNTANCY firm RSM is to be the anchor tenant at Chester’s multi-million pound City Place office development.

RSM has taken a ten-year lease and will relocate around 85 people from existing space in the city and will take a 8,116 sq ft floorplate on the top floor of the offices near Chester Railway Station.

Jill Jones, RSM’s regional managing partner for the North West, said: “It’s an exciting time at RSM. We’ve grown through acquisition and strategic hires over the last 12 months – enhancing our key practice areas, sector specialisms and service to clients.

“The move to the city’s business quarter is a key part of this growth and reinforces our positioned as a mid-market leader in the region and across the UK.”

One City Place, a project led by urban regeneration developer Muse Developments, has a total of 70,000 sq ft of office space set in Chester’s first £100m Central Business Quarter.

Over the next 15 years, it is estimated that the Central Business Quarter will create 3,500 jobs, provide 200 new homes and retail opportunities, as well as a new hotel and leisure facilities.

Phil Mayall, development director at Muse, said: “The move was a natural step for this dynamic business looking for top class Grade A office accommodation with excellent transport connectivity at the hub of Chester’s vibrant new business community.

“There is so much development happening in Chester with complementary schemes like Northgate and the dining quarter all making the city a better place to work, live and enjoy.

“We knew Chester was the right place to invest and we look forward to welcoming new businesses to One City Place and progressing the 15-year vision for the Central Business Quarter.”

CBRE advised Muse Developments on the deal and JLL advised RSM. Bilfinger GVA and CBRE are joint agents on the City Place scheme.