09 Apr 2019 | Category: LLEP News

Completion date for development in Waterside Enterprise Zone brought forward

The completion date for a major new office development in Leicester’s Waterside – part of the Loughborough and Leicester Science and Innovation Enterprise Zone – has been brought forward to July.

The No.1 Great Central Square building will offer up to 33,000 sqft of offices next to two newly-constructed hotels and public realm areas.

The wider Vaughan Way scheme will also a new Novotel which will have 154 bedrooms, including executive rooms and suites, a gym, banqueting facilities, meeting rooms and a ground floor feature bar and restaurant.

Another six-storey Aparthotel Adagio will offer 95 studio/one bed apartments, while the disused Great Central Railway Station will be renovated and brought back into the public sphere.

Reg Pollock from property consultants APB Leicester LLP said: “No.1 Great Central Square is such a key development for Leicester; the site exceeds occupiers demands in terms of office accommodation in a modern thriving city centre.

“Construction is ahead of schedule and the completion date has moved forward. This is great news given the overwhelmingly positive response and strong interest from potential occupiers received to date.

“Interested parties are reacting to the clear advantages this location offers, not to mention the fantastic facilities and working environment offered.

“Great Central Square is a significant regeneration scheme so it’s no surprise that people are keen to be a part of it. Its completion will create a gateway between the city and the waterside, tenants will benefit from the nearby Highcross shopping centre and fantastic transport links to the rail station, motorway network, and nearby airports.”

James Keeton, of joint agents JLL, added: “It’s great to see speculative development within Leicester city centre reflecting the confidence our clients Charles Street Buildings have in the market. No1 Great Central raises the bar in terms of specification and design of offices delivered in Leicester to date and, when combined with the high-profile city centre location, really does offer office occupiers looking for space within the Leicester market something quite special.”

For more information, please contact: admin@llep.org.uk

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