Wates has been appointed to two mixed-use office schemes in Leeds and London worth a combined £141m.
Roydhouse Properties (Central Square) / Marrico has appointed Wates to its £100m Central Square development on Wellington Street in Leeds.
The 11-storey office scheme won planning permission from Leeds City Council in March and work will commence next month, followed by a build programme of around 100 weeks.
Situated between Whitehall Road and Wellington Street on the former Royal Mail site, the 220,000 sq ft mixed-use scheme includes 11 storeys of flexible Grade A office space, retail and leisure.
Designed by DLA Design, the development will also include a ninth-floor sky garden, a central atrium and winter garden.
Leeds City Council executive member for development and economy Richard Lewis said: “It is good news that development is about to start on site and is further evidence of Leeds coming out of recession.
“This development will provide a further boost to the Leeds’ office market and gives confidence to the supply of Grade A space in the city.”
Wates Construction also won the second £41m phase of Development Securities’ Hammersmith regen scheme, having completed its first phase last year.
The contractor was appointed to the first phase of the scheme, the £50m 10 Hammersmith Grove development, which it completed in July 2013.
The first phase included 110,000 sq ft of office space and 6,000 sq ft of cafes, restaurants and public space.
Work on the new 218,500 sq ft, 11-storey building will begin immediately and will include speculative Grade A office provision, retail space and additional public realm works adjacent to Hammersmith tube station.
The scheme was designed by Flanagan Lawrence and has been funded by Scottish Widows Investment property Partnership Trust. It is being delivered on the site of a former car park.
Development Securities acquisition
Dev Secs this week announced the acquisition of Cathedral Group for £27.4m.
The project is scheduled to reach completion for spring 2016 and is expected to achieve a BREEAM Excellent rating, with features including green sedum roofing to encourage biodiversity.
Wates Construction business unit director for London and Kent Richard Shroll said: “Our appointment to deliver 12 Hammersmith Grove is testament to the success of the first phase of the development, which Wates completed on time and on budget last year.
“We are entering a period of firm confidence in the recovery of the UK economy and we are very proud to be a part of this flagship scheme, which is at the forefront of regeneration in west London.”
Richard McCubbine of Development Securities added: “Wates’ continued involvement in the development will allow us to build on what is already an incredibly successful scheme and one which is demonstrative of the increasing strength of demand in Hammersmith.”