The McCabe family’s Scarborough Group International, the UK and international real estate investor and developer, has been granted detailed planning consent, by Sheffield City Council, for the development of two new office buildings.
Totalling just under 130,000 sq ft, these will be built on the Sheffield Digital Campus, in the Sheffield city centre, on Sheaf Street, adjacent to the main railway station.
The buildings are: ‘Acero Works’, which will provide nearly 80,000 sq ft over six floors; and, ‘Vidrio House’, which will provide over 50,000 sq ft across eight floors. The development will have an end value in excess of £40 million.
Scarborough has appointed Yorkshire based GMI Group as contractor for the scheme, with construction of Acero House, the first phase, commencing in autumn 2015 with completion expected in spring 2017.
GMI was also contractor for the development of the existing office buildings on the Sheffield Digital Campus, Ventana House and Electric Works.
Scarborough’s team in securing the planning permission included planning advisers Zerum Consult, and architects CJCT Studios.
Letting agents for the scheme are Commercial Property Partners and Fernie Greaves, both of Sheffield
Mark Jackson, consultant to Scarborough, said: “Sheffield is becoming increasingly attractive as a headquarters location for major organisations and the Digital Campus is particularly well located being adjacent to the main railway station.
“We developed both Ventana House and Electric Works on the adjacent site attracting occupiers including Sky, Kennedy’s Solicitors, Michael Page, and Coal Board Pension Trustees all of whom recognised not just the benefits of the location, but also the quality of the accommodation.”