SIPL Finishes £162m Leeds Office Development

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Burflex House, Clay Street, Hull, East Yorkshire, HU8 8HA E.

SIPL Finishes £162m Leeds Office Development

SIPL Finishes £162m Leeds Office Development

Businesses in Leeds will now be able to find new office space after work on a £162 million development has come to an end.

Scarborough International Properties Limited (SIPL) has finished constructing the Grade A building at Thorpe Park Leeds, Yorkshire Post reported.

The 35,846 sq ft office development is called Lumina, and comes as part of the second phase of development at Thorpe Park Leeds. An additional 860,000 sq ft of office space has been outlined for the site, with prospective occupiers already showing strong interest in having more business space in the area.

Paul Holcroft, director of Asset Management at SIPL, said: “We are delighted to [have] achieved practical completion of Lumina as we push to deliver more prime stock office accommodation at Thorpe Park Leeds.”

In addition to this office space, phase two of the development includes 350,000 sq ft for a retail and leisure park, a public park stretching 113 acres that also has sports facilities, and 300 new Redrow residential homes.

Mr Holcroft stated: “With The Springs retail and leisure park now open, the site provides superb amenities for occupiers and has proved an extremely attractive draw and a boost for over 4,500 workers on the existing park.”

He went on to say: “New infrastructure and the pending new railway station are also ticking many boxes for accessibility and sustainable travel where we also have a free transport planning service in place.”

The newly-constructed office space has already got a tenant, as Pharmacy2U is taking over the second and third floors of the unit.

It agreed to a ten-year lease on the 15,770-sq ft space in April earlier this year. However, there is still 20,080 sq ft of space available in Lumina, with units on the ground and first floors currently empty.

According to Mr Holcroft: “We have strong interest in the remaining space at Lumina and also new development plots in phase two gives us confidence for future speculative development.”

Pharmacy2U is not the only business with presence at the site, as Big Change Apps, Wates Construction, Pure Retirement, EP UK Investments and Renew Holdings also occupy offices at Thorpe Park Leeds.

When complete, the development will cover 1.35 million sq ft of mixed used space across the West Yorkshire city. In addition to the residential, business and commercial properties, phase two will also deliver the first section of the ‘East Leeds Orbital Road’. This will connect the north and east of Leeds to Junction 46 of the M1, while there are plans for a Park and Ride here that will mean residents and commuters at Thorpe Park Leeds can access the city centre in eight minutes.

More than £45 million has been invested into the site so far, with this money going towards a £6.5 million railway bridge and public footpaths, and £10.5 million enabling works for commercial development in the area.

While this is a steep investment, chairman of SIPL Kevin McCabe anticipates Thorpe Park Leeds will contribute £250 million to the city region economy every year, partly by creating 10,000 jobs.

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