CEG welcomed more than 100 property professionals to its flagship Kirkstall Forge site in Leeds last week to celebrate the progress on its first phase of commercial development, an 110,000 sq ft, seven-storey Grade A office building, which will be ready for occupation in the third quarter of 2017.
Visitors arrived on the six minute train service from Leeds City Station into the site and had the opportunity to tour the development via a land rover 4×4 tour, view the mile long brownfield site from a hot air balloon and enjoy beer tasting hosted by Kirkstall Brewery.
Jon Kenny, director of CEG, said: “The steel work is now in place, showing the progress on the flagship seven-storey office development and we wanted agents and potential occupiers to see the quality of the public realm, station and infrastructure we have already completed at the site. It also provided an opportunity to promote the remaining three remaining floors of circa 18,500 sq ft each to the market.
“We have invested heavily in regenerating this unique brownfield site and are committed to delivering an ambitious and innovative development for Leeds, which will establish a new benchmark for office developments across the rest of the UK.”
Zenith, the UK’s leading independent leasing, fleet management and vehicle outsourcing business, has signed a significant pre-let deal to become the first company to occupy a new flagship headquarter office building at Kirkstall Forge in Leeds. Developer, CEG, has also announced it will relocate its northern office to almost 10,000 sq ft within the prestigious development.
CEG is running the development of the 57 acre Kirkstall Forge scheme which is set to become home to a thriving mixed-use community in a unique wooded, riverside setting. Ultimately it will comprise of 1,050 new homes, 300,000 sq ft of offices and 100,000 sq ft of retail, leisure and community space.
A planning application for the first phase of residential accommodation will be submitted within the next two months, unveiling the first images of a unique development of 150 new homes, high quality landscaping, alongside cafes, shops and bars.
Kirkstall Forge is one of the oldest industrial sites in the country, with an 800 year history. More than £40 million in developer funds have been invested in demolition, site clearance, decontamination, infrastructure works and the construction of the first office building to date.
Following CEG’s support of the West Yorkshire Combined Authority’s successful bid to the department for Transport funding was secured on the back of the developer funds for Kirkstall Forge to open a second railway station at Apperley Bridge. Both stations have now open and welcoming hundreds of commuters each day.
The Kirkstall Forge station connects the site to Leeds City Centre in minutes and was undoubtedly a catalyst in securing a monumental pre-let of 45,000 sq ft to Zenith for its new headquarters at the flagship commercial development in the heart of the site. CEG is also set to relocate its office to the development when it completes in autumn 2017.
The building is set to foster in the region of 1,000 jobs when it opens next year. Ultimately the Kirkstall Forge scheme will create approximately 2,400 new jobs in the office space, leisure and retail facilities, and enabling almost 10,000 people to live, work, visit and commute from the site once complete.
Wates, the company constructing the first phase of development on behalf of CEG, is also helping the developer to deliver an innovative vocational training programme on site. This will involve young people having the opportunity to work alongside developers, builders, architects and engineers through site visits to a skills village, curriculum projects, hands-on work experience and mentoring support. This will also provide a facility for Yorkshire companies to select future apprentices.
Kirkstall Forge will lever in £400million of private sector developer investment into the city and once complete will generate £40million in annual office worker income and an estimated £5million per year in local retail spend. The detailed planning application for the first phases of residential development will be submitted in summer 2016.