Scarborough Group International (SGI) has announced that the next significant stage of development at Thorpe Park Leeds is underway.
GMI Construction, which is the Strategic Construction Partner to the scheme, is currently preparing ground works and in the process of extracting 200,000 tonnes of coal from the site.
By 2017 SGI plan to deliver several key phases at Thorpe Park Leeds, including a new 250,000 sq. ft. retail and leisure complex, up to 60,000 sq. ft. of high quality office accommodation, the first phase of 300 new homes, and a 113 acre public park with sports facilities.
This announcement comes just after the planning decision for the first 60,000 sq. ft. of offices, at least half of which SGI aim to develop speculatively later this year, ready for occupation by summer 2016.
To mark the occasion, SGI’s founder Kevin McCabe met on site with Councillor Richard Lewis, Executive Member for Regeneration, Transport and Planning at Leeds City Council, to discuss the developments progress and the opportunities it offers.
Furthermore, the development now under way includes the first phase of the critical East Leeds Orbital Road that will connect the M1 to north-east Leeds in readiness for the future delivery of up to 7,000 new homes in the East Leeds Extension – the City’s largest single growth area.
Kevin McCabe said:
“We are delighted to bring forward the next phase of development at Thorpe Park Leeds which will distinguish it as one of the UK’s most forward thinking and sustainable mixed-use business parks. It represents a new era in strategic commercial development where all the benefits of a business park meet with unrivalled on-site amenities and transport connections. We are committed to creating a market-leading scheme that adds to the Leeds City Region economy and will continue to flourish for many years to come.
Leeds-based GMI Construction, which is the Strategic Construction Partner to the scheme, is currently preparing ground works and in the process of extracting 200,000 tonnes of coal from the site.
Councillor Richard Lewis, Leeds City Council executive member for regeneration, transport and planning, added:
“We are delighted that the next phase of development at Thorpe Park is underway, as the project will bring massive benefits to the local community and the city economy bringing new houses, jobs, office and retail facilities, a public park and improved transport links through the East Leeds Orbital Road. Transformational projects like this perfectly reflect the strength and ambition Leeds has and also the confidence investors have in us as a city, so we look forward to seeing the benefits of Thorpe Park being realised in the months and years to come.”
Thorpe Park Leeds, which is expected to create over 13,000 jobs, comprises almost 800,000 sq. ft. of accommodation, including 600,000 sq. ft. of business space and a hotel, spa and conference centre.
SGI also has planning permission to add up to 935,000 sq. ft. of high-quality office space, just under 200,000 sq. ft. of retail accommodation, up to 175,000 sq. ft. of leisure space, including hotels and sports facilities, and 45,000 sq. ft. of cafes, bars and restaurants.
Thorpe Park Leeds’ end value of phases is expected to be in excess of £400 million.
The East Leeds Orbital Road is a crucial part of road infrastructure, which links the north east Leeds area and the ‘East Leeds Extension’ housing allocation, to the M1. The road crosses Thorpe Park Leeds, with SGI delivering its first section to Manston Lane. This will have a transformational effect upon the accessibility and traffic management in the area and will enable the development of up to 7,000 houses.