Speculative Thorpe Park scheme takes shape
THE steelwork is now completed and development is on schedule for what is currently Leeds’ only major out of town speculative office scheme.
GMI Construction is delivering Paradigm at Thorpe Park Leeds, a ‘headquarters’ office building ready for occupation as soon as November.
Paradigm 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 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 a further 1.35 million sq ft of mixed use accommodation.
Development plans include a 300,000 sq ft shopping and leisure park, where Next is confirmed as anchor tenant, 300 new homes by Redrow and 140 acres of parkland and sports facilities.
Thorpe Park Leeds is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, National Grid, Kier, Laing O’Rourke, Atkins, BAM and United Utilities.
Delivery of the next phase of development at Thorpe Park Leeds follows last year’s announcement that Legal & General Capital were to invest £162m as joint development partner with site owner Scarborough Group International.
JLL, Cushman & Wakefield and BNP Paribas Real Estate are appointed to market Paradigm.
Adam Cockroft, director at Cushman & Wakefield, said: “It is fantastic to see the rapid development of Paradigm at Thorpe Park Leeds which, with the recent announcement of Next on site and other retail and leisure operators in talks, is becoming more of a destination than a standard office park. This is a major plus point for potential occupiers seeking out of town convenience and connectivity with unprecedented facilities.”
Michael Leonard, director at BNP Paribas Real Estate, added: “It is quite rare to see such high quality specification for an out of town office location. We would expect to let the building to occupiers seeking highly visible, headquarters style premises.”
