MRP’s City Square House, the stunning new 140,000 sq ft office building next to Leeds Station, is now complete.
This major landmark, which has been speculatively developed by MRP and built by McAleer and Rushe, is the most significant new office building in Leeds for a generation.
It is proved to be a resounding success story with an astonishing 85 per cent of the building already let.
The completion of City Square House is an integral part of the extensive public realm improvement works at City Square. Its stunning design, with extensive use of locally sourced steel, now provides an unrivalled presence in both City Square and the adjacent Leeds Station.
The building’s high-profile tenants are leading global law firm DLA Piper, SME insurance specialist Markel and professional services consultancy Barnett Waddingham.
Its doors were officially opened on Wednesday night at a grand reception with guests including the key partners and occupiers of the iconic development.
The prime workspace comprises Grade A office accommodation over 12-storeys including low carbon credentials, terraces on the 4th, 5th and 6th levels and extensive cycling, electric vehicle and e-bike charging point facilities.
There is currently 5,600 sq ft of quality office space on the ground floor, with its own private entrance, and 15,900 sq ft on the second floor, still available to lease.
Angus Montieth, Development Director at MRP, commented: “The practical completion of City Square House is a massive milestone to celebrate. We have created the best-in-class prime office development in Leeds, unrivalled in its location and with sustainability and wellbeing at the heart of its design. It boasts an impressive tenant community and we are confident that we will set a new prime rent in Leeds of £40 per sq ft.
“It’s been an amazing journey and a huge collaborative effort to turn the dream of a magnificent Leeds city centre office building into reality. It is the final piece of the City Square regeneration plan and a significant investment and vote of confidence in the city. I’d like to thank Leeds City Council, who have backed our vision from the very start and have been so supportive, our construction partners McAleer & Rushe, our quality occupiers, who vindicated our decision to develop the building speculatively, and Eamon Fox of Knight Frank, the sole letting agents. They have all played their part in the astounding success of City Square House, which is now an integral part of both the Leeds business quarter and the city’s skyscape.”
Jonathan O’Neill, Senior Director at Design & Build contractors McAleer & Rushe, added: “City Square House has been an exciting, challenging and rewarding project for us. Now this iconic building is completed, we are so proud. There’s no doubt that City Square House is a magnificent addition to the built environment in Leeds city centre and a symbol of the city’s thriving economy.”
Eamon Fox, partner and head of office agency at global property consultancy Knight Frank in Leeds, who advises MRP, commented: “It is tremendous to see the completion of this flagship building, which provides a very genuine cause to be optimistic about the commercial property sector in Yorkshire. We expect this strong demand for the best workspace will continue.”
“City Square House is the iconic new office development that the Leeds market has been waiting for. It underlines the fact that Leeds is now one of the most flourishing regional cities, not just in the UK, but in Europe.”
