Leicestershire set for 34,000 sq ft of grade-A office space | 27 August 2014
An extra 34,000 square feet of office space will be made available to businesses in Leicestershire next year, after work started on a major new development in Syston.
According to insidermedia.com, Marlborough Property Group will erect two three-storey buildings as part of the scheme, making it the biggest project of its kind in the county.
It’s also the first time in more than ten years that a grade-A complex of its size has been built without the developer having confirmed any tenants beforehand. This, according to the Leicester and Leicestershire Enterprise Partnership’s chief executive Corin Crane, is a positive sign.
Crane was quoted by leicestermercury.co.uk as saying: “When private investors start doing speculative building, you know things are looking up. They are savvy business people who make sharp decisions.”
Both of the new buildings – Marlborough One and Marlborough Two – will be situated on land at the 63-acre Watermead Business Park, which is adjacent to the A46 in the north of Leicester. The complex currently houses firms such as Flogas, Bentley and Laf arge-Tarmac.
With Bowmer & Kirkland appointed as the project’s on-site contractor, work is expected to be completed in summer next year. Commercial property firm Lambert Smith Hampton has been lined up to market the property to prospective businesses.
The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.
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