Media

In this section you will find all of the latest news and updates on the Group's activities along with recent press coverage.

Press Releases

Works to new Scarborough Squash & Racquets Academy Reach Completion Posted: 18th May 2018

Construction works to Scarborough’s new Squash & Racquets Academy have now drawn to a close. Ahead of the original June completion date and despite extreme winter weather conditions, GMI Construction has today handed over the project to their client, Scarborough Rugby Club.

The new facility of four state-of-the-art glass backed courts, primarily funded by the McCabe Family Charitable Foundation, supported by the Council and local businesses now sees further work underway in a second phase comprising a trendy and modern Juice Bar/Café with seating area for spectators and an enhanced offering to the existing Baron’s Gym facilities.  The new Juice Bar will be open to both members and non members of the Club and provide a new Café venue in the Scalby area.

A Grand Opening Ceremony of the new facility will take place in September, prior to which a team of squash enthusiasts and coaches will work closely with community groups and schools to start to introduce squash and racquetball to potential new players in the area, leading to the introduction of local tournaments and leagues to be played locally, regionally and nationally. Come and try it sessions, free off-peak sessions aimed at all ages and abilities will also be offered as well as Club social nights.

For further information please contact:-

Paul.white@scarboroughrugby.co.uk

BIGCHANGE MARKS EXPANSION SUCCESS WITH NEW OFFICES AT THORPE PARK LEEDS Posted: 17th May 2018

BIGCHANGE MARKS EXPANSION SUCCESS WITH NEW  OFFICES AT THORPE PARK LEEDS

Scarborough International Properties has announced a deal with BigChange to take 9,500 sq ft of office space at Thorpe Park Leeds.

The successful mobile workforce management technology company has agreed a 5-year lease on the entire ground floor of building 3150 at the park which is located at Junction 46 of the M1 motorway.

Due to significant growth over the last five years BigChange is moving to Thorpe Park Leeds to facilitate expansion of its operations and provide the right environment for its current team of 70 which is forecast to increase to more than 150 over the next five years.

Martin Port, Founder and CEO at BigChange said, “We are delighted to announce our move to Thorpe Park Leeds. These new offices will almost treble our workspace to allow us to expand our operations and also provide a great environment for our team to work from and customers to visit.

“BigChange has grown significantly over the last five years from a £300k annual turnover to £7m. In 2017 alone, we won over 10 awards including the prestigious Deloitte Fast 50, recognising the fastest growing tech businesses. We ranked 25th in the UK and 98th in the Fast 500 in EMEA.”

 

Thorpe Park Leeds is an established business location, adjacent to the M1 motorway, with 800,000 sq ft of development built and occupied to date, including 600,000 sq ft of high quality office accommodation. It is currently home to over 60 blue chip businesses employing around 4,500 people. 

 

 

 

Paul Holcroft, Head of Commercial Leasing at Scarborough International Properties, said, “We are pleased to agree this significant deal with BigChange on the back of our recent deal with Duchy Homes. Thorpe Park Leeds will offer an ideal base for this forward thinking, innovative Deloitte Technology Fast 50 business and its growth in years to come.

 

“As well as prime office space with fantastic accessibility, we offer comprehensive travel, health and wellbeing facilities for staff through our unique ParkLife platform and this is proving invaluable as we progress further deals to let our newest building, Paradigm.”

 

The deal with BigChange will see Scarborough International Properties vacate the ground floor of 3150 and relocate into 4,000 sq ft in building 3125. 

 

Cushman & Wakefield, JLL and BNP Paribas Real Estate are office agents on Thorpe Park Leeds.

 

Following a £162 million investment deal with Legal & General Capital, Scarborough International Properties is progressing a transformational 1.35m sq ft mixed-use expansion, bringing forward exceptional new business opportunities to the Leeds City Region.

 

Phase two of the development is now well underway with a new 350,000 sq ft retail and leisure park due for completion this Autumn. Occupiers will include Next, M&S Simply Food, Boots, Odeon and Pure Gym. The plan also includes a further 940,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities.

 

The first new 31,650 sq ft ‘headquarters’ office building, currently the only major out of town scheme available in Leeds, is now completed and ready for immediate occupation.

Phase two also includes delivery of the first section of the ‘East Leeds Orbital Road’, a key piece of infrastructure connecting north and east Leeds to Junction 46 of the M1. This road will unlock land for the construction of up to 7,000 new homes in the East Leeds area, land that is either already allocated in the Local Plan or which is ‘brownfield’ land.

 

 

 

 

The award-winning development has dedicated access to Junction 46 of the M1 and has been chosen for the new railway station, ‘East Leeds Parkway’ and associated Park and Ride, connecting Thorpe Park Leeds directly to Leeds city centre in eight minutes. This forms part of a £270 million infrastructure investment into Leeds by the Department of Transport.

@ThorpeParkLeeds

www.thorpeparkleeds.com

Scarborough signs Atkins at Acero, Sheffield Digital Campus Posted: 2nd May 2018

Scarborough signs Atkins at Acero, Sheffield Digital Campus

Scarborough International Properties Limited (SIPL), the UK and international real estate developer and its joint venture partner Metro Holdings of Singapore (Metro) announce that they have let half of the third floor at Acero, Sheffield Digital Campus to Atkins.

 

Atkins, a member of the SNC-Lavalin Group, and one of the world's largest design, engineering and project management consultancies, has taken a 10-year lease of 7,000 sq ft of space on the third floor of the building. They join Simcyp, which has taken the second floor and Spaces, which has recently taken both the ground and fifth floor of the Grade A office development.

 

Located in Sheffield city centre, Acero is adjacent to Sheffield’s main railway station which will benefit from the delivery of high speed rail HS2. Acero is one of the highest specification offices in the region, offering 80,599 sq ft flexible office accommodation over six floors. The office building is the latest addition to the Sheffield DC development and has been privately funded in a 50:50 joint venture between SIPL and Metro.

 

Commercial Property Partners, Colloco and Knight Frank acted for Scarborough, Lambert Smith Hampton acted for Atkins.

 

Paul Holcroft of Scarborough International Properties, said: “This latest signing to Atkins demonstrates the quality of the building and services on offer at Sheffield Digital Campus. We continue to attract new high-profile businesses to the building and are delighted to welcome such a well-known and respected tenant to Acero’s growing business community.”

DUCHY HOMES PURSUES EXPANSION WITH NEW HQ AT THORPE PARK LEEDS Posted: 2nd May 2018

Duchy Homes has acquired new headquarters at Thorpe Park Leeds as a part of ambitious plans for expansion.

The Yorkshire house builder, which was established six years ago, has gained a reputation for delivering bespoke high-quality homes with an average value of around £500,000.  Expansion across the North East, North West and West Midlands has since allowed Duchy Homes to rapidly increase its initial output of 25 homes per year with a target to achieve over 400 per year within a five-year plan. It currently employs 55 people.

After occupying temporary premises at Thorpe Park Leeds since last July it has now agreed lease terms with Scarborough International Properties and Legal & General Capital for a 3,864 sq ft headquarters office in building 3125 on the Park.

David Jones, Chief Executive Officer at Duchy Homes said, “As we embark on a significant expansion programme it is important that our HQ is well located with direct access to the motorway network. Thorpe Park Leeds has proved to be an excellent base for us, not least because of the facilities and dedicated ‘Parklife’ engagement programme for staff. 

“We are pleased to secure a permanent base for us to lead our expansion and look forward to the forthcoming launch of the exciting new retail and leisure park on site.”

Coincidentally, Duchy Homes developed the Thorpe Park Gardens luxury development of 14 four-bedroom and five-bedroom detached executive homes, which were completed in 2016.

Thorpe Park Leeds is already home to over 60 blue chip businesses employing around 4500 people.  Phase two of the development is now well underway with a £162 million investment to provide 1.35 million sq ft of mixed use accommodation. The new 350,000 sq ft retail and leisure scheme is due for completion this Autumn with occupiers including Next, M&S Simply Food, Boots, Odeon and Pure Gym. 

Paul Holcroft, Head of Commercial Leasing at Scarborough International Properties, said, “We are pleased to welcome Duchy Homes who add to the calibre of occupiers we have here at Thorpe Park Leeds. This deal is a trigger for more to come as we prepare to announce a series of agreements within Paradigm, our first speculative headquarters office building in phase two offering 31,650 sq ft of Grade a accommodation.

Thorpe Park Leeds also includes 300 new homes by Redrow and a 113-acre public park with sports facilities. The site is considered a leading attribute for Leeds and is one of the flagship schemes for the Leeds City Region.

The award-winning development has dedicated access to Junction 46 of the M1 and has been chosen for the new railway station, ‘East Leeds Parkway’ and associated park and ride, connecting Thorpe Park Leeds directly to Leeds city centre in eight minutes. This forms part of a £270 million infrastructure investment into Leeds by the Department of Transport.


Scarborough secures 26,290 sq ft letting to Spaces at Acero Posted: 15th Feb 2018

Scarborough secures 26,290 sq ft letting to Spaces at Acero

Scarborough International Properties Limited (SIPL), the UK and international real estate developer and its joint venture partner Metro Holdings of Singapore (Metro) announce that they have secured flexible workspace provider, Spaces, as a tenant at Acero, their new Grade A office development at Sheffield Digital Campus. 

 

Spaces has taken a 20 year lease on 26,290 sq ft on the ground and fifth floors to create a dynamic workspace for entrepreneurs. They join Simcyp, which has recently taken the second floor in the building.

 

Originating in Amsterdam, Spaces brings together thinkers, achievers and imagineers to create a community with a unique entrepreneurial spirit. The dynamic workspace offers a culture that goes beyond business logistics, to build a community of interesting people doing exciting things.

 

Located in Sheffield city centre, Acero is adjacent to Sheffield’s main railway station which will benefit from the delivery of high speed rail HS2. Acero is one of the highest specification offices in the region, offering 80,599 sq ft flexible office accommodation over six floors. The office building is the latest addition to the Sheffield DC development and has been privately funded in a 50:50 joint venture between SIPL and Metro.

 

Colloco, CPP and Knight Frank acted for SIPL, Spaces were unrepresented.

 

Paul Holcroft of Scarborough International Properties, said: “We are delighted to welcome this new Spaces concept to Acero. We believe the building provides the kind of collaborative, creative and flexible workspace options that ‘Spaces’ offers. Spaces will offer local businesses seeking smaller workspaces or more flexible terms the opportunity to be part of Acero’s growing business community.

 

“With interest continuing to build in the last few remaining suites, we look forward to announcing further deals soon.”

 

Richard Morris, UK CEO of Spaces, said: “Demand for flexible office space is growing rapidly – our research shows that 53% of professionals globally now work remotely for at least half their working week and 30% of corporate real estate portfolios could be flexible workspace by 2030. People are recognising that they are far more productive and successful in a dynamic working environment, where they are surrounded by like-minded people. Spaces is helping to supply this demand and drive a workspace revolution in Britain.”  

Scarborough submits planning application for Aldi at Marina Quay, Rhyl Posted: 13th Feb 2018

Scarborough submits planning application for Aldi at Marina Quay, Rhyl

Scarborough International Properties Limited (SIPL), the UK and International Real Estate Developer and Investor, today announces that it has submitted an application for detailed planning consent for a 18,567 sq ft Aldi store at its £25 million Marina Quay development on the seafront in Rhyl, North Wales.

 

SIPL first confirmed in November last year that the leading global discount supermarket had plans to open a store at Marina Quay and held a public consultation day in December to showcase the plans.

 

If approved, the development would involve Aldi relocating from its current site within the town centre to the 132,000 sq ft retail and leisure development to expand their store. Existing Aldi jobs will be retained and additional jobs will be created with the supermarket. Pending planning consent from Denbighshire County Council, construction will commence later on this year.

 

The deal follows the news that pre-lets have been secured with The Range, Poundworld, Farmfoods and Greggs. The Range has confirmed its opening date on Good Friday, 30 March 2018. Further deals with a number of food and beverage operators are in the pipeline.

 

Jack Abou-Jaoude, Development Manager of Scarborough International Properties, said: “We are extremely excited about the prospect of opening a new Aldi store at Marina Quay. We have worked hard to deliver an accessible and larger store for local residents. The planning consent will enable us to create local employment opportunities in the local area and provide consumers with even more choice. We look forward to progressing the scheme."

 

 

 

 

 

 

 

 

     

MILESTONE REACHED FOR CRITICAL EAST LEEDS LINK ROAD BRIDGE AT THORPE PARK LEEDS SET TO UNLOCK THOUSANDS OF HOMES Posted: 31st Jan 2018

MILESTONE REACHED FOR CRITICAL EAST LEEDS LINK ROAD  BRIDGE AT THORPE PARK LEEDS SET TO UNLOCK THOUSANDS OF HOMES

A giant 750 tonne crane made for spectacular viewing over the weekend as work started to install the main bridge beams for the new road over the railway line at Thorpe Park Leeds.  Joint venture partners Scarborough International Properties and Legal & General Capital are delivering the Thorpe Park Leeds regeneration scheme.

The bridge forms part of the major infrastructure works currently underway at the 275-acre mixed use development.  It marks the start of the new Manston Lane Link Road, a key piece of infrastructure, which connects north and east Leeds to Junction 46 of the M1. This road, running through Thorpe Park Leeds, will unlock land for the construction of up to 7,000 new homes in the East Leeds area.

The Rail, Aviation & Environment Business Unit of construction company Galliford Try is delivering the £4.7m contract to build the single 30m clear span bridge over the Leeds to York railway line.  The design is future proofed to account for expansion of the line from two to four-track and electrification. The bridge over the railway line will accommodate a dual carriageway in both directions as well as footway, cycleway, bridleway and a central reserve.

Galliford Try has completed the sub structures and the next phase is now underway to install nine 30m long beams. A special movement order had to be arranged with Highways England, consulting local authorities and police along the route in order to bring in the beams that arrived on site overnight by police escort. 

The massive 750 tonne crawler crane was installed on site in order to lift the 150 tonne bridge beams at 42m working radius.  A 200 tonne mobile crane was also needed to build the larger crane.  In total, it took six days to build the crane which was delivered to site on forty HGV delivery wagons.

Wes McKee, Galliford Try Rail Director said: “Construction is progressing well and getting the beams in place will represent a major milestone in the programme. We are delighted to be playing a key role in such a strategically important scheme that will bring long-term benefits to the region.”

The Manston Lane Link Road (MLLR) is a part of the £162 million, phase two development programme at Thorpe Park Leeds.  Joint venture partners Scarborough International Properties and Legal & General Capital are working with Leeds City Council to deliver the regionally significant infrastructure works which will improve transport connections and open up land in East Leeds for more housing.   

Simon Marshall, Joint CEO at Scarborough International Properties said: “The bridge installation marks a very significant milestone in progress for phase two at Thorpe Park Leeds.  The scheme is integral to the economic growth potential of East Leeds and this part of the jigsaw not only provides greater access to the wonderful facilities on offer at Thorpe Park Leeds, but also greatly improves connectivity from Leeds city centre, through East Leeds and beyond.”

Rachel Dickie, Head of Urban Regeneration at Legal & General Capital, said: “This milestone marks important progress for the regeneration of this area, boosting economic growth and bringing new homes and jobs to East Leeds. By working closely with Leeds City Council we are delivering regionally significant infrastructure works which will improve transport connection and unlock the regeneration of East Leeds. This is a prime example of how a joined up and collaborative approach with local authorities can truly unlock regeneration to the best of its potential.”  

Thorpe Park Leeds is already well established and home to over 60 businesses employing around 4,500 people.  Phase two provides 1.35 million sq ft of mixed use accommodation with a new 350,000 sq ft shopping and leisure destination and the first phase of 940,000 sq ft of offices. The development also includes 300 new homes by Redrow and a 113-acre public park with sports facilities.

The retail and leisure scheme is due for completion this Autumn with occupiers including Next, M&S Simply Food, Boots, Odeon and Pure Gym.  The first city centre specification, headquarters office building is already completed with 31,650 sq ft of accommodation under offer.

The award-winning development has dedicated access to Junction 46 of the M1 and has been chosen for the new railway station, ‘East Leeds Parkway’ and associated park and ride, connecting the Thorpe Park Leeds directly to Leeds city centre in just eight minutes. This forms part of a £270 million infrastructure investment into Leeds by the Department of Transport.

VSOFTCO APPOINTS CHRIS DAVIES AS CEO Posted: 18th Jan 2018

VSoftCo Ltd, a specialist software development company in the global virtual sports market, announces that it has appointed Chris Davies as CEO.

Reporting directly to the board, Mr. Davies will have full operational responsibilities within the company and will oversee the implementation of all software, developing the range of services and ensuring that commercial targets are exceeding. Mr. Davies, has been working in a consultancy basis for the last 6 months and the benefits of his work have already been seen with the development of the first real time on-demand virtual game being launched at ICE as well as completing a technical overall of the game.

He brings more than 30 years of vast operational experience within multi-national companies such as EDS.  He most notably worked at Webtech, where, as CEO, he was responsible for growing this software development Company into an innovative iGaming software supplier.

Scott McCabe, Director of VSoftCo, said: “Chris will be a great asset to the VSoftCo team and we are delighted to have him on board. VSoftCo experienced a very exciting year in 2017 with numerous deals being signed and we have already benefitted from Chris’ experience in developing and delivering our market leading technology. I look forward to working with Chris as we continue to expand VSoftCo in 2018 and beyond.

Chris Davies, CEO at VSoftCo, said: “I am delighted to be joining VSoftCo at this pivotal time. Our core product ensures we are ideally situated to take advantage of the global expansion in sports betting in World Cup year. VSoftCo has a unique advantage in its real-time rendering engine and we will be seeking to exploit that, and our other exciting developments, to widen our appeal in the sector. I am fortunate to be able to build on the work done by the previous dedicated and highly capable team. We are also working alongside our key partners Vermantia and Kiron Interactive to ensure we can provide a seamless market-leading portfolio of virtual sports. I am very grateful to Scott and the other Directors for their confidence in me.”

 

 

Scarborough signs Simcyp at Acero, Sheffield Digital Campus Posted: 6th Dec 2017

Scarborough signs Simcyp at Acero, Sheffield Digital Campus

Scarborough International Properties Limited, the UK and international real estate developer and its joint venture partner Metro Holdings of Singapore (Metro) have let the second floor at Acero, the new Grade A office development at Sheffield Digital Campus to Simcyp Limited, the research-based company, which provides modelling and simulation software to the pharmaceutical industry.

 

Simcyp has taken a new 10-year lease of 13,946 sq ft of space at a rent of £24.50 per sq ft, setting a new headline rent for the city. Simcyp is part of Certara, the global leader in model-informed drug development and regulatory science.

 

Based in Sheffield city centre, Acero is one of the highest specification offices in the region, offering 80,599 sq ft flexible office accommodation over six floors. The office building is the latest addition to the Sheffield DC development and has been privately funded in a 50:50 joint venture between Scarborough and Metro. Following this deal 75% of the high-spec office building is now under offer with further deals soon to be announced.

 

Joint agents Commercial Property Partners, Colloco and Knight Frank acted for Scarborough, Simcyp was unrepresented.

 

Paul Holcroft of Scarborough International Properties, said: “We are pleased to welcome Simcyp to Acero. This deal highlights what Sheffield has to offer home-grown and international organisations as one of the major regional cities in the Northern Powerhouse. We look forward to announcing further tenants in due course.”

 

Steve Toon, Managing Director of Simcyp, said: “We are delighted to be part of the Sheffield Digital Campus. It is the beginning of a process that will see our colleagues come together in a state-of-the art office building which has great access to public transport. Moving to Acero will enable closer working relationships and allow Simcyp to continue to be an important contributor to the region.”

 

 

START ON SITE FOR SCARBOROUGH SQUASH & RACQUETS ACADEMY Posted: 1st Dec 2017

START ON SITE FOR SCARBOROUGH SQUASH & RACQUETS ACADEMY

Plans for the new Scarborough Squash & Racquets Academy moved one step closer today when building works for the new facility commenced at Silver Royd on Scalby Road, home to Scarborough Rugby Union Football Club.

To celebrate the start on site, members of the local business community, together with officers of the Rugby Club, Scarborough Borough Council, the McCabe family and squash fans joined contractor GMI Construction Group at a Ground Breaking Ceremony at which SRUFC Club President Dave Coates was presented with a commemorative spade to mark the occasion. 

On completion of building works in June next year, the new facility to be operated by Barons Fitness Centre will boast four glass backed Courts with spectator seating areas and will be the new home to the Scarborough Squash & Racquets Club, further complementing the already wonderful facilities available at Barons.

Focussing on the regeneration of Squash and Racquetball in the Town the Academy is primarily funded by the McCabe Family Charitable Foundation, supported by the Council and local businesses which are all keen to partner the initiative with the aim of promoting the health and wellbeing of the community.

Speaking at the Ground Breaking Ceremony, Kevin McCabe said:We are thrilled to announce the start on site of our new Squash & Racquets Academy, which is an exciting addition to a new era of leisure facilities in the town. This is an important project for the McCabe Family Charitable Foundation and we are delighted to have the support of the Council and local businesses. It will form an important contribution to both the economic and social development of our community.”

Cllr Derek Bastiman, Leader of “Scarborough Borough Council said:“Once again, the power of working in partnership to achieve a desired goal has proved to be a winning formula. We are delighted that Scarborough RUFC has been able to get this project underway so quickly and we look forward to seeing the completed squash facilities open in summer 2018.”

Graeme Young, Chief Executive of Scarborough Rugby Union FC said “We are delighted that the construction our Squash Academy is underway. The new centre will no doubt add to the reputation that Silver Royd holds as one of Yorkshires finest community sporting venues. We are extremely grateful to the all of our partners in the project who have helped to make the Academy a reality with special thanks to McCabe family for their drive and enthusiasm." Graeme Young Chief Executive

Consent granted for major residential scheme in Talbot Green, Wales Posted: 14th Nov 2017

Talbot Green Developments Ltd (TGDL), a joint venture between Cromwell Property Group and Scarborough International Properties (SIPL), has been granted planning consent by Rhondda Cynon Taf Council (RCT) for a 50-acre residential development at Cefn yr Hendy in Talbot Green, Wales.

 

Working on behalf of the Welsh Government, TDGL is the overall development and project manager for the site with responsibility for developing 50 acres of residential land at Cefn yr Hendy.  The receipt of planning consent marks the culmination of more than two years of TGDL working jointly with RCT to develop the proposals.

 

The planning consent covers the development of 460 new homes, ranging from one-bed apartments up to five-bedroom houses as part of a co-ordinated masterplan that will ensure the provision of public open space and play areas, as well as retaining the existing mature landscape.  The consent also includes permission for a local community retail development, a site for a primary school and enhancements to the local infrastructure.

 

The residential scheme is part of a much broader project currently being developed by TGDL, which includes the development of a new £200 million Talbot Green town centre. This is one of the most significant developments in South Wales, looking to create a new retail and leisure offer as part of a much broader regeneration of the town.

 

Initial proposals for the new town centre, which received outline planning permission in December 2014, cover the creation of more than 300,000 sq ft of new retail, leisure and commercial accommodation, new civic and public realm, improved public transport interchanges and 1,800 car parking spaces. Infrastructure works for the first phase of the scheme were completed in January this year.

 

Sainsbury’s is already confirmed as the scheme’s anchor tenant with plans for a 116,000 sq ft store and TGDL is currently in pre-let discussions with a range of retailers to ensure a complementary retail offering at the site.

 

Property agents Lunson Mitchenall and EJ Hales are to secure a diverse mix of retailers and leisure operators to meet the needs of the expanding population in the area.

 

Andy Richardson, Head of UK Development at Cromwell Property Group, commented: “To have received planning consent for the residential development marks yet another important milestone in the overall project and takes us even closer to achieving our ultimate goal of creating a vibrant new town centre in Talbot Green.”

 

Paul Holcroft of Scarborough International Properties, added: “We are pleased to have won the support of the local council for the residential development at Cefn yr Hendy, which will provide much needed housing to meet the growing demand in this part of South Wales.”

 

 

Scarborough secures Aldi at Marina Quay, Rhyl Posted: 9th Nov 2017

Scarborough secures Aldi at Marina Quay, Rhyl

Scarborough International Properties Limited (SIPL), the UK and international real estate developer and investor, today announces that Aldi has signed up to its £25 million Marina Quay development on the seafront in Rhyl, North Wales.  

 

The leading global discount supermarket chain has agreed to take 18,567 sq ft of space at the 132,000 sq ft retail and leisure development, having relocated from within the town centre to expand their store. Existing Aldi jobs will be retained and additional jobs will be created with the supermarket.

 

The deal follows the news that pre-lets have been secured to The Range, Poundworld, Farmfoods and Greggs. Further deals for a number of food and beverage operators are soon to be announced.

 

Marina Quay will generate some 500 jobs (with others created through support businesses) in an area which has historically lacked significant economic activity. SIPL has been working with the local Council and JobCentre Plus in Rhyl to ensure employment opportunities at Marina Quay are accessible to local Rhyl residents.

 

Practical completion of Phase II, Marina Quay is expected in early December of this year, subject to planning.

 

Jack Abou-Jaoude, Development Manager of Scarborough International Properties, said: “We are delighted to have been able to work with Aldi in providing a solution to their expanding presence in Rhyl. Our retail and leisure scheme will provide shops to meet the needs of the growing population of Rhyl and surrounds.”

 

 

 

 

 

 

    

CHIEFS MEET AT THORPE PARK LEEDS SCHEME WILL CONTRIBUTE £360M PER ANNUM TO CITY REGION ECONOMY Posted: 9th Nov 2017

CHIEFS MEET AT THORPE PARK LEEDS  SCHEME WILL CONTRIBUTE £360M PER ANNUM TO CITY REGION ECONOMY

Developers of Thorpe Park Leeds have hosted Sir John Kingman, Chairman and Nigel Wilson, Chief Executive of Legal & General Group Plc to showcase construction progress on the site as a leading example of Northern Powerhouse investment.

Tom Riordan, Chief Executive and Martin Farrington, Director of City Development for Leeds City Council as well as Sir Gary Verity, Chief Executive of Welcome to Yorkshire joined the delegation, which included other senior executives from Legal & General, to discuss city wide initiatives where the Group has declared investment.

Thorpe Park Leeds was the first UK development to benefit from investment from Legal & General Capital following its partnership with the Department of International Trade to co-invest £1.5bn into pipeline projects.  This unique collaboration was announced at 10 Downing Street in 2015.

Nigel Wilson, Chief Executive at Legal & General Group said, “"The vision for Thorpe Park Leeds, inspired by Kevin McCabe at Scarborough and Tom Riordan at the Council, is fast becoming a reality as a result of positive constructive collaboration.  Significantly boosting local jobs and economic growth, both during construction and over the long term, our investment into Thorpe Park Leeds is an example of how the City is demonstrating that devolution – with local empowerment – is a powerful catalyst to further progress and prosperity.  Legal & General has committed over £600 million to Leeds but more needs to be invested. With the Budget approaching, we need a Budget for devolution – a Budget for real growth and empowerment.”

Kevin McCabe, Chairman of Scarborough Group International that is developing Thorpe Park Leeds addressed guests with an important message about how the scheme is supporting major regeneration through critical infrastructure works that will unlock land for the delivery of up to 7,000 much needed homes and amenities in East Leeds.

 

McCabe revealed that the Leeds City Region economy will be £360m per annum larger through the delivery of Thorpe Park Leeds and the scheme’s cumulative GVA generated between 2018 and 2028 will be around £3bn*. 

He said. “Through our ground-breaking partnership, we have been able to accelerate development on site with a 300,000 sq ft retail and leisure park that is now well underway for completion in Autumn 2018.  Major progress is also being made for the first phase of the critical East Leeds Orbital Link Road and railway bridge which will ultimately facilitate a new railway station with park and ride.

“Thorpe Park Leeds is a class-leading regeneration catalyst in Leeds and we are honoured to showcase success to date.”

Cllr Judith Blake, leader of Leeds City Council, said, “I’m delighted that Leeds is leading the way with Legal & General’s investment and very much welcome its commitment to our city.

“This investment in East Leeds is making a significant and positive contribution to the ongoing transformation of the area through the creation of new homes, jobs and better connectivity. 

“Thorpe Park Leeds is another world class example of successful and innovative regeneration in Leeds, and one that we’re very keen to build on.”

Tom Riordan, Chief Executive of Leeds City Council also said, “Excellent schemes like Thorpe Park are why Leeds has recently come out at the top of studies about inclusive growth, housing investment and quality of life. We work in very active partnership with our business partners to make sure that in Leeds projects are delivered on time and on budget and in a way that maximises the benefit to local people.  It was very good to see at first hand the results of this collaborative Leeds spirit and I look forward to the opening by the end of 2018."

During the meeting an introduction was also made to Professor Peter Slee, Vice Chancellor of Leeds Beckett University to formally start the engagement process for talent pipeline and job creation strategies. Specifically, Legal & General is keen to work closely with the University to exploit this potential across its other investment interests in the Leeds City Region.

Professor Slee, said, “We are delighted to be engaged with the project and work with the team to maximise potential and benefits for people in the economy of Leeds.”

 

Thorpe Park Leeds is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, National Grid, Atkins and United Utilities.

Delivery of phase two is now underway to provide 1.35 million sq ft of mixed accommodation which includes the new 300,000 sq ft shopping and leisure park and the first phase of 940,000 sq ft of offices. The development also includes 300 new homes by Redrow and a 113-acre public park with sports facilities.

More than 100 new jobs have been created so far during phase two delivery through the main contractor GMI Construction and its supply chain.  Thirty per cent of the jobs have been taken up by Leeds residents and in addition to the new jobs, 10 new apprenticeships have also been created.

 

This achievement reflects a commitment made by development partners Scarborough International Properties and Legal & General Capital to support and promote local employment and skill opportunities wherever possible. It is part of an established partnership with Leeds City Council and its Employment & Skills Service.

Scarborough Group and Legal & General are committed to support and promote local employment and skill opportunities wherever possible and are part of an established partnership with Leeds City Council and its Employment & Skills Service.

@ThorpeParkLeeds

www.thorpeparkleeds.com

TOPPING OUT SIGNIFIES MAJOR MILESTONE FOR THE LARGEST NEW RESIDENTIAL SCHEME IN GREATER MANCHESTER DEVELOPER CONFIRMS COMMITMENT FOR PHASE TWO Posted: 1st Nov 2017

TOPPING OUT SIGNIFIES MAJOR MILESTONE FOR THE LARGEST NEW RESIDENTIAL  SCHEME IN GREATER MANCHESTER  DEVELOPER CONFIRMS COMMITMENT FOR PHASE TWO

UK and International real estate developer and investor Scarborough International Properties Limited and Beijing Construction Engineering Group International (BCEGI) yesterday celebrated a major milestone in the construction of phase one at Middlewood Locks, the much anticipated £1 billion mixed use development in Salford and at the gateway to Manchester city centre.

 

A ‘topping out’ ceremony took place on the roof [at the top] of the final building in the first phase of the development which comprises 571 apartments and 10,000 Sq ft of commercial space. The internal fit out is now underway with the first residents expected to move in in Spring 2018.

 

Guests, including Salford City Mayor, Paul Dennett and Vice Consul General to the People’s Republic of China in Manchester Fan Yingjie, witnessed the planting of a yew tree (traditionally planted on roofs to ward off evil spirits) and then anointed the tree with wine, corn, oil and salt to bring prosperity, wisdom, abundance and hospitality to the development and its residents.

 

Last November BCEGI signed an £85 million contract with FairBriar International, a joint venture partnership between Scarborough, Hualing Group of China and Singapore listed Metro Holdings Limited to deliver phase one.  

 

The 24.5-acre Middlewood Locks development is now progressing apace to deliver a vibrant new waterside neighbourhood where two great cities, Salford and Manchester meet.  It will provide 2,215 new homes and 900,000 sq ft of commercial space including offices, hotel, shops, restaurants, a convenience store and gym. With unique landscaped areas of green public space, the scheme is being developed around three large basins of the Manchester, Bolton and Bury Canal which connects to the River Irwell and is a short walk from the central business district and retail amenities of Manchester city centre.


 

 

Last month saw the launch of a new two storey purpose built marketing suite and show apartment with interested buyers queueing to buy their new home in Middlewood Locks on the day the marketing suite opened.  Middlewood Locks also has the largest allocation of new homes available through Help to Buy in the City, with the first residents moving into their new homes in Spring next year.  The Government backed scheme allows first time buyers onto the property ladder with as little as a 5% deposit.

 

Kevin McCabe, Chairman of Scarborough commented:

 

“We are delighted to achieve ‘topping out’ for the first phase of our Middlewood Locks development which signifies an extremely successful partnership with BCEGI. Despite a complex delivery programme and tight timescale this first phase remains on schedule, to the credit of BCEGI and the wider project team. 

 

“Middlewood Locks is a major undertaking for us and I am pleased to say greatly supports the regional economy with strong job creation and ultimately much needed new homes in the city.”

 

Mr Yan Xing, Regional Director, Europe & North America, BCEGI said:

 

“I am very pleased we have reached this important milestone on Phase One of Middlewood Locks and our partnership with Scarborough Group is going from strength to strength. 

 

“BCEGI is developing long term relationships with local contractors and sub-contractors which are proving to be very successful.  We are wholly committed to growing our business in the UK, especially in the Northern Powerhouse region and our work here in Greater Manchester, is providing a solid foundation for us.”

 

Vice Consul General Fan Yingjie, the People’s Republic of China in Manchester said:

 

“It is wonderful to visit Middlewood Locks at such a significant stage in the project. The partnership between Scarborough and BCEGI is an excellent example of how UK and Chinese businesses can work together to achieve positive results, not just in terms of creating this new community but also creating jobs and helping economic growth.”

 

Salford City Mayor, Paul Dennett said:

 

“It is very pleasing to see the Middlewood Locks project becoming the success story that we had envisaged, bringing real benefit to the people of Salford. This is a brownfield derelict site being brought back into beneficial use with a new residential district.

 

“Together with BCEGI we have had great success in securing work opportunity for our young people and to date Middlewood Locks has employed 15 apprentices.  Furthermore, over 60% of the Middlewood Locks workforce is from the local area and my colleagues at Salford City Council have been working closely with BCEGI to establish work placements and host open days resulting in ten full time positions taken by people who were previously struggling to get back into employment.

 

 

 

“We are excited to see further benefits for the community through working together over the future phases of this development, ensuring that growth in the city delivers on our social values and tackling poverty aspirations as a city. ”

 

Further information about Middlewood Locks is available on the website at www.middlewood- locks.co.uk

 

 

@MiddlewoodMcr

Middlewood Locks, Manchester, receives £34.7 million funding from the Homes and Communities Agency Posted: 23rd Oct 2017

 Middlewood Locks, Manchester, receives £34.7 million funding from the Homes and Communities Agency

Scarborough International Properties, the UK and international real estate developer and investor, announces that its joint venture company FairBriar International has received a £34.7 million funding facility from the Homes and Communities Agency (HCA), for its 24.5 acre Middlewood Locks development, a new residential and commercial neighbourhood at the western gateway to Manchester's central business district. On completion, the development will provide a total of 2,215 new homes.

 

£25.5 million of the facility is residential development finance [provided from the HCA’s £3 billion Home Building Fund which is dedicated to accelerating the delivery of new housing in the UK], enabling the fast-track delivery of phase 2 of Middlewood Locks. This phase will provide 546 new, one to three bed] homes, across four buildings, totalling 360,129 sq ft on two plots. The balance of £9.2 million of the facility will help fund infrastructure and enabling works across the development, which will kick-start further phases. The overall facility is for an initial three-year period and is subordinate to the senior lenders to the first two phases of the development.

 

Announcing the funding, Joint Chief Executive of Scarborough International Properties, Simon Marshall, said: “We are very appreciative of the HCA’s support which will enable us to accelerate the delivery of much-needed homes for local people. Major sites, such as Middlewood Locks, are key to meeting housing demand in areas of strong economic and demographic growth such as Greater Manchester.

 

“We look forward to working in partnership with the HCA through to the completion of this very important development”.

 

HCA Chief Executive, Nick Walkley, added: “This loan is a great example of how we can help developers create new communities which will provide more of the homes that people need, and do so quickly -  completing almost 600 homes by this time next year. As the wider site is set to deliver more than 2,200 homes, a key part of the funding was to support the infrastructure works as this will enable the future residential phases to be brought forward faster”.  

 

Middlewood Locks is a 25-acre landmark development, which will provide a new waterside neighbourhood around three large basins of the Manchester, Bolton and Bury canals, connecting to the River Irwell and a short distance from the central business district and shops of Manchester city centre. It will provide a total of 2,215 new homes, 900,000 sq ft of commercial space, including a hotel, together with all the amenities of a new urban neighbourhood.

 

Currently under construction, the first phase of Middlewood Locks will provide 571 one, two and three- bed apartments, with the first wave ready to occupy in spring next year, at prices starting at £155,000.

 

Middlewood Locks is being developed by FairBriar International, a joint venture led by Scarborough International Properties (50%) with Metro Holdings of Singapore (25%) and Hualing Group of China (25%).

 

Further information about Middlewood Locks is available at www.middlewood-locks.co.uk .

 

 

For further information:

Jeremy Carey/Kirsty Allan

Tavistock

jeremy.carey@tavistock.co.uk

kirsty.allan@tavistock.co.uk

020 7920 3150

Novell signs England cricketer Jonny Bairstow as brand ambassador Posted: 21st Sep 2017

Novell signs England cricketer Jonny Bairstow as brand ambassador

The McCabe family's Scarborough Group International, the global real estate, leisure, retail and gaming software company has signed England wicket-keeping batsman, Jonny Bairstow, as brand ambassador.

 

Bairstow will make a number of personal appearances on behalf of eco-friendly coffee brand Novell, Scarborough’s UK joint venture with Spanish coffee group Cafés Novell who will also carry the Novell coffee brand on the back of his bat.

 

Both Bairstow and Scarborough have their roots in Yorkshire. Bairstow was born in Bradford and plays for Yorkshire County Cricket Club, while Scarborough’s founder and chairman, Kevin McCabe, was born in Sheffield and co-owns Sheffield United Football Club.

 

Bairstow will work closely with Scarborough’s joint CEOs, Simon McCabe and Simon Marshall, for an initial 12-month period on promoting Scarborough’s latest real estate developments, including Middlewood Locks in Manchester and Thorpe Park in Leeds, and its UK coffee brand, Novell.

 

Bairstow said: “I have got to know the Scarborough guys really well and I am absolutely delighted to be working with them as an ambassador. I am really impressed with Scarborough as a company. It is respected and trusted and, of course, also hails from God’s own county.”

 

A right-handed wicket-keeping batsman, Bairstow is the son of former England keeper David Bairstow. He was chosen as the winner of the Young Wisden Schools Cricketer of the year award for his 654 runs in the 2007 season.

He made an impressive first-class debut against Somerset in June 2009, cracking 82 in his second innings and soon secured his place in the first Xi. He was included in the England Lions successful tour of the Caribbean in January 2011 and then made his England test debut the following year against West Indies at Lords.      

His maiden Test century came in the first innings of England's second test at
Newlands during their 2015/2016 tour of South Africa. He was involved in a stunning 399-run stand with Ben Stokes for the sixth wicket and ended the series with 359 runs at an average of 89.75.

 

In 2016, Bairstow set a new record for the most dismissals (70) by a wicket keeper in a calendar year.

In the same year, he also set records for most runs in test matches by a wicketkeeper in a single year. By scoring 1,470 runs in tests in the year, Bairstow almost doubled the prior record of 777 for England wicketkeepers set by Matt Prior in 2012.

 

Scarborough chairman, Kevin McCabe, said:We are thrilled to welcome Jonny to the Scarborough family as our new brand ambassador. He is one of the most exciting cricketers competing in England today.

 

“His determination, flair and entrerprising approach embodies the same entrepreneurial spirit that drives Scarborough to keep pushing boundaries and achieve success.”

 

Hannah Jobe, Business Development Manager of Café Novell said: “We are delighted that Jonny is expanding his relationship with Novell by becoming brand ambassador. His profile and charisma are precisely the qualities we look for to extend our partnership and commitment of sustainable coffee to the people in the UK.”

Scarborough signs England cricketer Jonny Bairstow as brand ambassador Posted: 21st Sep 2017

Scarborough signs England cricketer Jonny Bairstow as brand ambassador

The McCabe family's Scarborough Group International, the global real estate, leisure, retail and gaming software company, has signed England wicket-keeping batsman, Jonny Bairstow, as brand ambassador.

 

Bairstow will make a number of personal appearances on behalf of the group and will also carry the Novell coffee brand – Scarborough has a UK joint venture with Spanish coffee group, Cafés Novell -  on the back of his bat. Both Bairstow and Scarborough have their roots in Yorkshire. Bairstow was born in Bradford and plays for Yorkshire County Cricket Club, while Scarborough’s founder and chairman, Kevin McCabe, was born in Sheffield and co-owns Sheffield United Football Club.

 

Bairstow will work closely with Scarborough’s joint CEOs, Simon McCabe and Simon Marshall, for an initial 12-month period on promoting Scarborough’s latest real estate developments, including Middlewood Locks in Manchester and Thorpe Park in Leeds, and its UK coffee brand, Novell.

 

Bairstow said: “I have got to know the Scarborough guys really well and I am absolutely delighted to be working with them as an ambassador. I am really impressed with Scarborough as a company. It is respected and trusted and, of course, also hails from God’s own county“.

 

A right-handed wicket-keeping batsman, Bairstow is the son of former England keeper David Bairstow. He was chosen as the winner of the Young Wisden Schools Cricketer of the year award for his 654 runs in the 2007 season.

He made an impressive first-class debut against Somerset in June 2009, cracking 82 in his second innings and soon secured his place in the first Xi. He was included in the England Lions successful tour of the Caribbean in January 2011 and then made his England test debut the following year against West Indies at Lords.      

His maiden Test century came in the first innings of England's second test at
Newlands during their 2015/2016 tour of South Africa. He was involved in a stunning 399-run stand with Ben Stokes for the sixth wicket and ended the series with 359 runs at an average of 89.75.

 

In 2016, Bairstow set a new record for the most dismissals (70) by a wicket keeper in a calendar year.

In the same year, he also set records for most runs in test matches by a wicketkeeper in a single year. By scoring 1,470 runs in tests in the year, Bairstow almost doubled the prior record of 777 for England wicketkeepers set by Matt Prior in 2012.



Scarborough chairman, Kevin McCabe, said: ““We are thrilled to welcome Jonny to the Scarborough family as our new brand ambassador. He is one of the most exciting cricketers competing in England today.

 

“His determination, flair and entrerprising approach embodies the same entrepreneurial spirit that drives Scarborough to keep pushing boundaries and achieve success.”

 

100 NEW JOBS CREATED AT THORPE PARK LEEDS AS DEVELOPMENT GATHERS PACE Posted: 20th Sep 2017


The £162 million phase two development at Thorpe Park Leeds has reached a major milestone in the number of people gaining access to new jobs in the construction industry.  

100 new jobs have been created so far through the main contractor GMI Construction and its supply chain as it progresses on site.  Thirty per cent of the jobs have been taken up by Leeds residents. In addition to the new jobs, 10 new apprenticeships have also been created.

This achievement reflects a commitment made by development partners Scarborough International Properties and Legal & General Capital to support and promote local employment and skill opportunities wherever possible. It is part of an established partnership with Leeds City Council and its Employment & Skills Service.

Thorpe Park Leeds is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, National Grid, Atkins and United Utilities.

Delivery of phase two is now underway to provide 1.35 million sq ft of mixed accommodation which includes a new 300,000 sq ft shopping and leisure park and the first phase of 940,000 sq ft of offices. The development also includes 300 new homes by Redrow and a 113-acre public park with sports facilities.

Simon Marshall, Joint Chief Executive at Scarborough International Properties, said, “We are delighted to have created 100 local jobs through the development of phase two at Thorpe Park Leeds. This is the tremendous result of our collaboration with Leeds City Council, with which we have a dedicated delivery team working to maximise local employment and education at every opportunity. 

 

“This extends to a local schools’ engagement programme and initiatives working with partners such as Ahead Partnership to broaden student perceptions of the construction industry. To date 1,335 pupils have been involved in a range of careers events, workshops and curriculum challenges that we have hosted.

“Local engagement will remain extremely important to the partnership as we work over the next six years to deliver phase two at Thorpe Park Leeds. We are confident that when the project is complete and operational over 13,000 new jobs will have been created.”

Councillor Mohammed Rafique, Executive Member for Employment, Enterprise and Opportunity at Leeds City Council said,

“Leeds City Council is working in close partnership with Scarborough Group International, GMI Construction and its sub-contractors to maximise employment and skills opportunities for local people.

“I am delighted to see that there are already five apprentices working on the site and we hope this number increases throughout the lifetime of the construction period. We also look forward to many more job opportunities becoming available to the tenants of Thorpe Park once the development is completed.”

Phase two also includes delivery of the first section of the ‘East Leeds Orbital Road’, a key piece of infrastructure connecting north and east Leeds to Junction 46 of the M1. This road will unlock land for the construction of up to 7,000 new homes in the East Leeds area, land that is either already allocated in the Local Plan or which is ‘brownfield’.

Thorpe Park Leeds recently won the coveted ‘Best Deal’ Award at the Yorkshire Property Awards 2016 for its ground-breaking £162 million funding arrangement with Legal & General Capital. Kevin McCabe, founder and Chairman of Scarborough International Properties was also awarded Property Entrepreneur of the Year at the Insider Property Industry Awards 2016 for his role in attracting Far East investment to Yorkshire.

 

NEW SHOW HOME TO LAUNCH SECOND RELEASE OF APARTMENTS WITH HELP TO BUY AT MIDDLEWOOD LOCKS, MANCHESTER Posted: 7th Sep 2017

The second release of contemporary apartments at Middlewood Locks, Manchester will be available to buy next week during the launch of a bespoke new marketing suite housing a two-bedroom show apartment on the waterfront. 

 

Scarborough International Properties has announced that the first release of apartments have sold out at the much-anticipated new mixed use residential neighbourhood.

 

Furthermore, Scarborough has confirmed that ‘Help to Buy’ will also be available on selected properties allowing owner occupiers to step onto the property ladder with a city apartment for less than £130,000.

 

Help to Buy is an equity Loan whereby the Government lends up to 20% of the cost of a newly built home, so the purchaser only needs a 5% cash deposit and a 75% mortgage to make up the rest. They are not charged interest on the 20% loan for the first five years of owning their new home.

 

Middlewood Locks is currently the only mixed-use city centre apartment scheme offering Help to Buy with new homes available for occupation within the next seven months. 

 

A dedicated new 1,500 sq ft, two-storey show suite will feature the typical size, spacious layout and high specification of a two-bedroom apartment at Middlewood Locks.  This includes an open plan living room with full height glazing and terrace taking advantage of the spectacular views, a fully fitted contemporary German Pro-Norm kitchen with Quartz worktops and integrated appliances, bedrooms with built in wardrobes, and two luxury bathrooms with Vitra and Hansgrohe fittings.

 

Nicola Wallis, Director of Residential Sales and Marketing at Scarborough International Properties, said,

 

“We are very excited to announce the launch of our stunning new marketing suite which opens on Saturday 16th September from 10am. We have spared no expense in showcasing exactly what our customers can expect when they buy a new home at Middlewood Locks, a place that we like to call the new neighbourhood for the local community where Manchester and Salford meet.”

 


 

 

 

“The wood-clad two storey building is located right at the entrance to the development with the first-floor apartment providing great views across the scheme, waterways and of course that fantastic Manchester skyline. It shows just how accessible the project is to the city centre attractions that make Manchester one of the most vibrant and visited places in the UK.  It also shows how close key transport networks are to the scheme including Salford Central railway station.

 

“We have already been overwhelmed with demand from local owner occupiers which is hugely encouraging and I think that our unique waterside location with an abundance of green landscaping with a canal running through it, the amenities that will be available on the doorstep, the quality of the design and high specification and the fact that you are within walking distance to the buzz of the city are all contributing factors. Of course, Help to Buy will further support this trend.”

 

Overall, Middlewood Locks is a 25-acre landmark development, which will provide a new waterside neighbourhood created around three large basins of the Manchester, Bolton and Bury Canals, connecting to the River Irwell and a short distance from the central business district and retail amenities of Manchester city centre. It will provide a total of 2,215 new homes, 900,000 sq ft of commercial space including a hotel together with all the amenities of a new urban neighbourhood.

 

Currently under construction the first phase of Middlewood Locks provides 571 one, two and three- bedroom apartments all with either a private garden, terrace, balcony or Juliet balcony.  They will be completed and ready to move into by Spring next year, at prices starting at £160,000 (£128,000 with Help to Buy).

 

Middlewood Locks is being developed by FairBriar International, a joint venture, led by Scarborough International Properties (50%) with Metro Holdings of Singapore (25%) and Hualing Group of China (25%).

 

 

The new show suite will be open to the public from Saturday 16th September 10am – 5.30pm following which, the opening hours will be Tuesday – Saturday 10am – 5.30pm.

 

Further information about Middlewood Locks is available on the website at www.middlewood- locks.co.uk

 

PUREGYM TO OPEN AT THORPE PARK LEEDS Posted: 5th Sep 2017

PureGym is the latest operator to sign up at the forthcoming retail and leisure park at Thorpe Park Leeds.  The national gym operator has agreed to take a 17,000 sq ft unit for a large gym floor and class studios in the 300,000 sq ft park. The deal follows the recent news that ODEON, Boots, Next, M&S Simply Food, TK Maxx and The Outfit are also taking major stores at Thorpe Park Leeds.  Further deals for a number of restaurant operators are to be announced soon.

Simon Marshall, joint chief executive at Scarborough International Properties which is developing phase two at Thorpe Park Leeds in partnership with Legal &General Capital said,

“We are delighted to announce PureGym as the latest operator to take space at Thorpe Park Leeds.  Our vision to deliver a vibrant retail and leisure complex at the heart of the scheme is proving a major attraction to operators given that we already have over 4,000 people working on site with the prospect of a further 10,000 when we complete phase two development, not to mention the local community.”

“This succession of deals is fitting into our ambition to create a unique extension to the existing business park with community, health, wellbeing, connection and enterprise are at the heart of the scheme.   We are working closely with these operators, our joint venture partners and all other stakeholders to ensure that Thorpe Park Leeds delivers an inclusive destination that integrates into East Leeds’s wider community.”

Rachel Dickie, Investment Manager at Legal & General Capital, said: “The letting to PureGym follows our recent announcement that the ODEON has signed up as the leisure anchor and that we have added Boots to the retail line-up at Thorpe Park Leeds. These new lettings further demonstrate the quality and vibrancy of the offer that Thorpe Park Leeds is bringing to the East Leeds community. This second phase of development is set to support the wider Leeds economy, acting as a major catalyst for further investment.”

Founded in 2008, Pure Gym is the UK’s leading low-cost gym operator with more than 180 sites and a turnover of £160 million.

 

PureGym provides access to affordable, flexible access to high quality gyms. Members sign up online with no contractual commitment, and most gyms are open 24 hours a day. Pure Gym is listed on the Sunday Times top Fast Track 100 and 100 Best Companies to Work for.

Duncan Costin, acquisition director at PureGym said, “We are pleased to agree a deal to open a PureGym at Thorpe Park Leeds.  Whilst we already have six gyms in Leeds we have identified East Leeds as a key target area where we feel that a high-quality fitness centre with low cost monthly membership and no contract tie is currently lacking.”

Thorpe Park Leeds is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, Kier, Laing O’Rourke, Atkins, BAM and National Grid.

 

Phase two is now underway delivering a further 1.65 million sq ft of mixed use accommodation.  This includes an additional 940,000 sq ft of Grade A office accommodation alongside the 300,000 sq ft shopping and leisure Park, as well as extensive parkland and sporting facilities.  Redrow has also purchased a part of the site and announced plans to build 300 new homes.

 

‘Paradigm’ is the first of the new office buildings to be completed and is available for immediate occupation.  It offers 31,650 sq ft of exceptional business space set over three floors with an additional feature floor and roof terrace directly overlooking the M1. Strong interest has been reported from a number of prospective occupiers and further office building projects are planned later in the year.

 

Phase two at Thorpe Park Leeds also includes delivery of the first section of the ‘East Leeds Orbital Road’, a key piece of infrastructure connecting north and east Leeds to Junction 46 of the M1. This road will unlock land for the construction of up to 7,000 new homes in the East Leeds area, land that is either already allocated in the Local Plan or which is ‘brownfield’.

 

Thorpe Park Leeds won the coveted ‘Best Deal’ Award at the Yorkshire Property Awards 2016 for its ground-breaking £162 million funding arrangement with Legal & General Capital.   Kevin McCabe, founder and chairman of Scarborough International Properties was also awarded Property Entrepreneur of the Year at the Insider Property Industry Awards 2016 for his role in attracting Far East investment to Yorkshire.

 

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