Landmark 12-storey office building completed

Investment and development company MRP’s City Square House, a new 140,000 sq ft office building near Leeds Railway Station, is now complete.

This property has been speculatively developed by MRP and built by McAleer and Rushe and 85% of the building is already let.

Tenants so far are global law firm DLA Piper, SME insurance specialist Markel and professional services consultancy Barnett Waddingham. 

Workspace comprises Grade A office accommodation over 12-storeys including low carbon credentials, terraces on the fourth, fifth and sixth levels and extensive cycling, electric vehicle and e-bike charging point facilities. 

There is currently 5,600 sq ft of office space on the ground floor – with its own private entrance – and 15,900 sq ft on the second floor, still available to lease.

Angus Montieth, development director at MRP, said: “The practical completion of City Square House is a massive milestone to celebrate.

“We have created the best-in-class prime office development in Leeds, unrivalled in its location and with sustainability and wellbeing at the heart of its design.

“It boasts an impressive tenant community and we are confident that we will set a new prime rent in Leeds of £40 per sq ft.

“It’s been an amazing journey and a huge collaborative effort to turn the dream of a magnificent Leeds city centre office building into reality.

“It is the final piece of the City Square regeneration plan and a significant investment and vote of confidence in the city.

“I’d like to thank Leeds City Council, who have backed our vision from the very start and have been so supportive, our construction partners McAleer & Rushe, our quality occupiers, who vindicated our decision to develop the building speculatively, and Eamon Fox of Knight Frank, the sole letting agents.”

Jonathan O’Neill, senior director at Design & Build contractors McAleer & Rushe, added: “City Square House has been an exciting, challenging and rewarding project for us.

“Now this iconic building is completed, we are so proud. There’s no doubt that City Square House is a magnificent addition to the built environment in Leeds city centre and a symbol of the city’s thriving economy.”

Eamon Fox, partner and head of office agency at global property consultancy Knight Frank in Leeds, who advises MRP, added: “It is tremendous to see the completion of this flagship building, which provides a very genuine cause to be optimistic about the commercial property sector in Yorkshire. We expect this strong demand for the best workspace will continue.

“City Square House underlines the fact that Leeds is now one of the most flourishing regional cities, not just in the UK, but in Europe.”