Leeds Building List

[Molly]

Originally Posted by di Livio

Of course. But what's the connection with skyscrapers? Is it signficant that many of the banners celebrate nationalism (independence days and such like) rather than buildings.

well it has a lighthouse.


and yes where our skyscrapers live is very important so Whitby is fine cos it is part of a Skyscrapers day out.

[mark*ie]

From YEP 26.02.2007

High hopes as city centre site is sold for £37m

Upwardly mobile Leeds could soon see another skyscraper boom.
A prime city centre site has been snapped up by Northern Ireland based property developer McAleer & Rushe.
The developer has bought Central Park, opposite the new Bridgewater place tower to the south Leeds station.
It has paid around £37m for the 6.5 acre gateway site, which has the potential for a development of up to two million sq ft, from the Harrogate-based Highstone group.
Alex Munro, head of commercial agency development at the Leeds office of property consultants Knight Frank, who acted for McAleer & Rushe, added : "This will contribute to the renaissance of the area immediately south of the station"
The Central Park site is currently home to a 97,767 sq ft industrial unit let to Hindle Valves for a further 10 years, and 57,777 sq ft of offices let to a range of occupiers, including Lloyds TSB and the Press Association, until 2014.

Watch this space !!!!
This is great news ! Anyway where is Central Park ? could someone "google earth" it ?

[Liam]

Someone already did. It's opposite both BWP and the ASDA offices....

[mark*ie]

Originally Posted by Liam

Someone already did. It's opposite both BWP and the ASDA offices....

Ummm sorry must of missed it, found this on their site

[leeds the best]

Is that wat it looks like now or whats its going to look for.

[Liam]

er.......that's what it looks like now.

[Leeds No.1]

A number of tall buildings could fit on that site. I would expect it would be more like a 'The Gateway' style site though- ie one tall with supporting mid rises. Dont raise your hopes when its a Harrogate based group either.

[leeds the best]

a partner for bwp

[Fred2]

Unless the leases of the present tenants are bought out, any development cannot even start for another TEN years !

[mark*ie]

Originally Posted by Leeds No.1

A number of tall buildings could fit on that site. I would expect it would be more like a 'The Gateway' style site though- ie one tall with supporting mid rises. Dont raise your hopes when its a Harrogate based group either.

More info from their web site...

Alex Munro commented: "It is expected that any future redevelopment of the site will incorporate a variety of uses including offices and residential and feature a number of tall buildings. The City Council has huge aspirations for this part of the City and we are very confident for the long-term success of Leeds given the potential offered by sites such as this.

He added: "Very few other regional cities offer the opportunity to master-plan world class developments and we look forward to working with our clients to create something special on this landmark site."

This is the second major deal that that McAleer & Rushe have done in Leeds during the last 18 months. The company paid AWG Developments £11m for City Square House on Wellington Street. The speculative development of this prime office development should commence later this year.

Stephen Surphlis, Development Director at McAleer and Rushe added: "We have tremendous confidence in Leeds as a city and have been looking to secure development opportunities within it for a number of years. We were delighted to secure City Square House 18 months ago and Central Park offers us a fantastic opportunity for a second development with which to follow on.

"The opportunity was hotly contested by a number of developers and we were pleased that our track record elsewhere in the UK and our commitment to development in Leeds was felt to be the critical factors for the vendor in choosing to run with ourselves," he said.

Mark Barnes, Partner at King Sturge, who acted for the vendors, confirmed that the master plan had been worked on for a number of years and after a selection process McAleer and Rushe were felt to be the ideal development company to take the scheme further.

[Leeds No.1]

Well its an excellent prospect; and an excellent area to invest in. Certainly alot of potential to create a very, very strong financial district here, with residential supporting it all. I'm glad there are high aspirations here!

[SirCWilson]

Originally Posted by Fred2

Unless the leases of the present tenants are bought out, any development cannot even start for another TEN years !

They've just spent £37m buying the site. I'm not sure that buying out the leases will present an insurmountable problem.

[Fred2]

Originally Posted by SirCWilson

They've just spent £37m buying the site. I'm not sure that buying out the leases will present an insurmountable problem.

righto SirC !

[Fred2]

Originally Posted by SirCWilson

They've just spent £37m buying the few more years site. I'm not sure that buying out the leases will present an insurmountable problem.

I think I am right in saying that the Wellington Place development will not be completed as quickly as it could have been because MFI still holds a lease (which it presumably will not sell to the developers) for some years. Are you so sure that the same may not happen with regard to this site ?

[aviator]

Originally Posted by Fred2

I think I am right in saying that the Wellington Place development will not be completed as quickly as it could have been because MFI still holds a lease (which it presumably will not sell to the developers) for some years....

The Wellington Place proposal went to Panel yesterday with a revised outline planning application; I'll put a summary of the changes on that thread. I couldn't find any mention of recalcitrant tenants but you wouldn't expect to in a public document like that, would you. In any case, I suspect that MEPC/Hermes are prepared to make a virtue out of a necessity given that the whole thing will be just short of 3 million square feet. Of that, just under 2 million sq ft will be offices; this equates to the annual uptake of city centre office space for the next 4 years (assuming the trend of 500-600 thousand sq ft being let every year continues). So, a ten-year plan it will be!

[Fred2]

Originally Posted by aviator

The Wellington Place proposal went to Panel yesterday with a revised outline planning application; I'll put a summary of the changes on that thread. I couldn't find any mention of recalcitrant tenants but you wouldn't expect to in a public document like that, would you. In any case, I suspect that MEPC/Hermes are prepared to make a virtue out of a necessity given that the whole thing will be just short of 3 million square feet. Of that, just under 2 million sq ft will be offices; this equates to the annual uptake of city centre office space for the next 4 years (assuming the trend of 500-600 thousand sq ft being let every year continues). So, a ten-year plan it will be!

Well MFI are still there, in apparent splendid isolation, in the middle of the site.

[aviator]

Originally Posted by Fred2

Well MFI are still there, in apparent splendid isolation, in the middle of the site.

Hence my comment about the developers making a virtue out of a necessity.

[Fred2]

Originally Posted by aviator

Hence my comment about the developers making a virtue out of a necessity.

And hence my comment that this could well have to be the case in the site opposite BWP.

[di Livio]

Originally Posted by Fred2

Well MFI are still there, in apparent splendid isolation, in the middle of the site.

The original agreement was to have the scheme constructed in phases so that the last phase will be built shortly after MFI's departure, some time in the next decade.

[Leeds_John]

If they can boot shops out from the Trinity shopping area, what is to stop such a compulsary order coming into effect with regard to MFI??