Business

Zenith announces head office move

22 / 02 / 16  |  Group

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.

These two key deals have been signed this week, at the same time as the principle contractor Wates breaks ground to deliver the first phase; an 110,000 ft², seven-storey Grade A office building, which will be ready for occupation in the third quarter of 2017.
The building received unanimous planning approval from Leeds City Council last year, with members commending the design of this exemplar development and the overall vision for the site.
Zenith will take more than 45,000 sq ft net over the three upper floors, including a spectacular roof level meeting room suite.

Tim Buchan, chief executive officer from Zenith said: “The Forge is another milestone in Zenith’s history and its location presents an opportunity to draw on the highly talented resources from within the North of England and establish a best-in-class headquarters for our future growth and innovation.”

CEG has announced it will occupy almost 10,000 sq ft on the ground floor, with the balance of the ground floor and three remaining floors of circa 18,500 sq ft each are to be made available to the market.

Jon Kenny, director of CEG, said: “It is momentous to have secured a pre-let on this brand new speculative development. Securing two tenants and delivering key infrastructure, including the first new railway station in Leeds for decades, prior to starting development is testament to the strength of the Leeds market and this site.

“Kirkstall Forge is unique, it will deliver fresh, sustainable new ways of living and working amongst acres of green space in a wooded riverside setting. With schools, contemporary housing, restaurants, cafés and light-filled offices, it will provide the vibrancy of city life as well as the tranquillity of the outdoors.

“Ultimately, this will not only be an ambitious and innovative development for Leeds, but will establish a new benchmark for office developments across the rest of the UK.”