Work is now underway by Thorpe Park Developments Ltd.
This is a joint venture between Scarborough Group International and Legal & General Capital, on a speculative development of the first Grade A office building in phase two at Thorpe Park Leeds.
This is currently the only major out-of-town speculative office scheme being delivered in Leeds and will be available for occupation from November.
Paradigm is a 31,650 sq ft, premium ‘headquarters’ office building which sits prominently at the gateway to Thorpe Park Leeds overlooking the M1 at Junction 46.
It is the first of a total 940,000 sq ft of new business space planned at the business park where planning consent is secured for a further 1.35 million sq ft of mixed use accommodation, bringing a significant boost to the East Leeds economy.
Development plans include a 300,000 sq ft shopping and leisure park with cinema, 300
new homes, further leisure and hotel space and 140 acres of parkland and sports facilities.
Thorpe Park Leeds is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, National Grid, Kier, Laing O’Rourke, Atkins, BAM and United Utilities.
Delivery of the next phase of development at Thorpe Park Leeds follows last year’s announcement that Legal & General Capital were to invest £162m as joint development partner.