wtf? is that report a joke?
It would be a shame imo if Toronto Square had to be partially demolished as a result of this judge order. Did the finished building deviate significantly from the original planning application and if it didn't then wouldn't there be no issue with the Toronto Square building as it is.Floor removal ruling in Leeds office block light row
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Toronto Square, Leeds A judge has ordered the removal of the top two floors of the seven-storey office block
A judge has ruled that part of a Leeds city centre office block should be pulled down after another property owner claimed it blocked out his light.
Developer Highcross, which owns Toronto Square, has been told about one third of the top two floors of the building must be removed.
The firm took court action because of a dispute with Marcus Heaney, who owns a nearby property on Infirmary Street.
Highcross said it had applied to appeal against the decision.
The ruling means that the parts of the new sixth and seventh floors which interfere with the neighbouring property's light must be removed.
Highcross has estimated that the cost of the work to demolish the offending office space would be between £1m and £2.5m.
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“Start Quote
They need to resolve all potential claims before actually starting work, otherwise their prize development may end up being ripped down”
End Quote Matthew Baker Pinsent Masons
The dispute started after the developer was granted planning permission by Leeds City Council in March 2007 to build an extension to the then five-storey Toronto Square building.
Work on the additional two floors began in October 2008, and the building was completed in July 2009.
The decision was made by a judge at Leeds District Registry earlier this month.
He granted an injunction against Highcross, which currently lets out the seventh floor office space of its building to another company.
Mr Heaney claims the top two floors of Toronto Square are blocking out light to his property, the listed former Yorkshire Penny Bank building.
Matthew Baker, a member of his legal team at Pinsent Masons LLP, said: "Developers finally need to realise that they cannot just assume that rights of lights claims can be paid off prior to, or in the course of, a trial.
"Instead they need to resolve all potential claims before actually starting work, otherwise their prize development may end up being ripped down."
A Highcross spokesman said: "We have currently lodged our application to seek leave to appeal the judgement."
Unfortunately this is something that many people lack. However in this case I think it’ll be ok.Surely your right to object to any potential lack of light should be made during the planning stages not after the building has been extended or being built. This case is ridiculous and common sense needs to prevail.
http://www.thebusinessdesk.com/mobi...mpleted-at-toronto-square.html?news_section=5THE owner of Toronto Square, the Yorkshire office building involved in a controversial rights of light case, has secured two new clients.
Franklin Templeton Global Investors has taken 3,317 sq ft on the second floor of the Leeds building and 2,490 sq ft on the fourth floor has been taken by The Bridge IT.
Both lettings have been secured on 10-year leases at rents of up to £24 sq ft.
An out-of-court settlement was reached between developer Highcross, the owner of Toronto Square, and the owner of neighbouring Yorkshire office building over a rights of light dispute.
Highcross redeveloped Toronto Square in Leeds and had been appealing against a court order which found for Marcus Heaney, the owner of a neighbouring property who argued the building obstructed his 'rights of light'.
Settlement has now been reached between the two parties, meaning that a two-day Court of Appeal hearing, set to begin last week, will not now take place.
The 90,000 sq ft Toronto Square office scheme was completed in 2009. Two floors were added to the scheme by Highcross.
Iain Taylor, Highcross's senior asset manager, said: “These are significant lettings, which give both occupiers a prestigious location in the centre of Leeds’ business district.
"Interest levels continue to be strong and we have recently agreed terms on a further 4,400 sq ft on the third floor of the building.”
Agents for Toronto Square are CB Richard Ellis and Knight Frank. Franklin Templeton was represented by King Sturge.
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Towry relocates to Toronto Square
Last updated: 1st Dec 2011 at 08:13am | | Wealth adviser Towry is relocating its Leeds office to Toronto Square, the £10m development by property fund manager Highcross.
Towry is taking 11,000 sq ft on the fifth floor of Toronto Square on a ten-year lease. Towry was previously based in St Paul's Street.
"The office move brings the team right into the centre of the Leeds business district," said Sarah Johnson, property and facilities manager at Towry.
"The new premises will provide a high quality environment for both our clients and professional contacts and demonstrates our commitment to growing our business in Leeds."
Iain Taylor, senior asset manager at Highcross' Northern office, added: "This is the largest single letting at Toronto Square so far, and takes the total space let since the beginning of the year to nearly 30,000 sq ft."
Agents for Highcross at Toronto Square are CB Richard Ellis and Knight Frank.