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The construction of 200,000sq ft of commercial space in Leeds can now begin, with the local council having just approved plans for the second phase of the Kirkstall Forge development.
The £400 million project will include retail and leisure space on the ground floor, below two office buildings, part of a major development that overall will see 1,385 residential units, 300,000 sq ft of offices, a 120-room hotel and 100,000 sq ft of retail space.
A workforce of up to 2,000 people can be accommodated in the two office buildings and, boosting the site’s sustainability credentials, there will also be car charging points, a cycle spa, locker facilities and balcony features and outdoor rooms so as to make the most of the riverside views.
Investment manager at Commercial Estates Group (CEG) Paul Richardson said: “This next phase of development will bring some of the most advanced office space to Leeds. The buildings are available for pre-let, with workspace being offered through our Core and Flex model, which allows a business to expand and contract within the space.
“This will help to manage company growth and additional projects, as well as seasonal demand and the effects that social distancing will have on office requirements.”
Number One Kirkstall Forge secured the Best Commercial Workplace in the UK award from the British Council of Offices and was also named by Property Week as the country’s healthiest place to work.
CEG itself was established back in 1989 and over the years has extended its reach into Leeds, Birmingham, London and Cornwall, working on a huge range of projects, from retail, mixed use and industrial to workspace and homes.
The company has adopted sustainability as a core principle, firmly embedded in its business culture, processes and interactions every day.
Recognising that the building environment contributes approximately 40 per cent of the UK’s total carbon footprint, CEG has taken steps to move its electricity to a green contact that will cover 51 buildings, saving 10,000 tonnes of CO2.
It works to find new and innovative ways of building and of measuring performance in order to deliver futureproof developments for both stakeholders and end users. And it also manages major refurb projects of dated or poorly performing buildings in order to increase their energy efficiency.
Some 80 per cent of the UK’s building stock that will exist by 2050, the net carbon zero date, have already been built, so it’s essential that existing stock is decarbonised if the country is to hit that goal.
The 2019 Global Status Report for Buildings and Construction found that final energy demand in buildings for 2018 climbed one per cent on the previous year and seven per cent compared to 2010. In order to hit sustainable development goals, efforts to decarbonise and improve energy efficiency in buildings will have to take place at a rate of three per cent annually in order to reverse the trend.
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