Wates Gets Gateway Development
MEPC has appointed Wates Construction to begin work building 3 Wellington Place – the next phase of the urban quarter in Leeds city centre – which will offer 110,000 sq ft of prime office space and is due to complete at the end of 2017.
Wellington Place – a landmark development located in the centre of Leeds just minutes from the railway station and city centre – is funded by a joint venture between Hermes Investment Management, the £24.1bn manager and CPPIB, a professional investment management organisation that invests on behalf of 19m Canada Pension Plan contributors and beneficiaries.
3 Wellington Place is located at the junction of Wellington Street and Northern Street, close to the A1 (M) inner ring road and will form the principal north-eastern gateway into Wellington Place. The building will house five floors of office space, offering state-of-the-art facilities and a restaurant café lounge at ground floor level. The energy efficient project is set to achieve an Excellent BREEAM rating.
Once completed, the scheme will boast a total of 1.5 million sq ft of commercial, retail, leisure and residential space and will be one of the biggest and most prestigious new city centre business quarters in Europe.
Wates Gets Gateway Development
Property & Development Magazine
