Clegg wins £80m Leeds office scheme

The £80m redevelopment will see the Eighties-built Wellington Plaza on Wellington Avenue flattened to make method for an eight-storey, 80,000 sq ft Grade A workplace block, now rebranded as 31 Wellington Avenue.

Prescient Capital, which now owns 100% of the challenge after shopping for out three way partnership companion Asset Capital, secured planning final yr.

The positioning sits reverse MEPC’s Wellington Place and is a brief stroll from Leeds station.

Web site prep works are already underway with demolition beginning in September and full completion anticipated by July 2027.

The landmark workplace will goal high ESG credentials together with EPC A, BREEAM Excellent, NABERS 5 Star, Fitwell 3 Star and WiredScore Platinum. Facilities will embody a rooftop sky lounge, health club, altering services, and co-working areas.

Doug Pal, CEO of Prescient Capital, mentioned: “Leeds has a big scarcity of prime workspace. This constructing will go a protracted solution to tackle that hole – delivering best-in-class workplace house in a very excellent location.”

The design group is led by DLA Structure, with engineering by Roscoe, Thornley & Lumb, BB7, Ridge, and Hydrock. WiredScore compliance is being delivered by AH Connections.