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

THE SPRINGS LEEDS SIGNS THE BURGER PRIEST AS THE ‘NEW NORMAL’ SHOWS POSITIVE TRADING Posted: 1st Oct 2020

The Burger Priest, a successful and expanding restaurant chain, has chosen The Springs at Thorpe Park Leeds to open its 8th UK outlet.  The niche burger brand offers fully traceable Aberdeen Angus beef, complemented by milkshakes and ice cream.

The Burger Priest will move into a 1,800 sq ft unit adding to the existing food & beverage offer at The Springs, close to the ODEON Luxe Cinema.  The Landlord, Thorpe Park Developments Limited has agreed a new ten-year lease on a new lease structure which reacts to the changing economic climate that businesses face within the retail & leisure sectors and forges a more collaborative relationship between the parties.

The Burger Priest Leeds restaurant will be first in the North of England and is expected to generate around 20 new jobs when it opens next month.

The board of directors at The Burger Priest said, “We are thrilled to be opening another The Burger Priest at The Springs Leeds, a new, modern development which fits well with our expanding new brand. we believe our offer of high-quality food at affordable prices will be a great addition at The Springs giving an extra dimension to the dining experience for the wider Leeds community

 

“The provenance of our meat is fully traceable and everything on the menu is great quality. We think The Springs is the perfect venue for our next restaurant and we’re looking forward to opening as soon as possible!”

 

The announcement comes as all stores at The Springs resume normal trading following the Covid-19 restrictions period.  This is good news amidst concerns that the retail high street might not withstand a further blow with reduced footfall.

The ODEON Luxe Cinema re-opened last month with the ‘ODEON safer cinema’ experience which includes contactless buying, staggered show times, enhanced cleaning with guest sanitiser stations and reduced seating capacity. 

Gino D’Acampo My Restaurant has also re-opened successfully with new safety measures including a refurbished outdoor terrace and the launch of Gino2Go takeaway service.  Award winning hair salon, Room 97 has launched post lockdown with great success and a waiting list for appointments.

The Springs Leeds is located at the heart of the award-winning mixed-use Thorpe Park Leeds business location, situated in North-East Leeds. The development is home to over 60 businesses and a community of nearly 5,000 workers.  Despite the fact that the business park current remains quiet with many business staff still continuing to working from home, The Springs Leeds has not lost out from this doorstep trade as trade has returned to pre-Covid levels.

Adam Varley at Scarborough Group International, the Joint Venture Partner developing Thorpe Park Leeds with Legal & General, said, “The footfall and trading performance for most of the businesses at The Springs has bounced back and, in some instances, trading performance is above the like-for-like period in the previous year.  Even though the majority of the 5,000 customers from our business park occupiers has temporarily reduced footfall, we are seeing new customers choose to visit and shop at The Springs because it offers a spacious, open air environment, with free car parking and with it’s varied line up of shops, cafes & restaurants the centre gives an alternative to the city centre venues.

“We are delighted to welcome The Burger Priest to The Springs and despite the uncertain times we are all living through we are really encouraged with the level of new interest that is been shown at the centre, and we expect to announce further positive news of new lettings in the weeks ahead.”

Thorpe Park Leeds is an established mixed-use business destination with nearly 1 million sq ft of existing built accommodation, including 600,000 sq ft of offices.  A unique Joint Venture partnership with Legal & General Capital in 2015 has allowed Thorpe Park Leeds to flourish and the next phases of development will revolutionise the East Leeds location, transforming the area into a new mixed use destination for people to live, work, play, eat and shop.

 

Scarborough submits planning application for Phase 3 of Middlewood Locks, Manchester Posted: 18th May 2020

Scarborough submits planning application for Phase 3 of  Middlewood Locks, Manchester

UK and International real estate developer and investor, Scarborough International Properties has submitted an application to Salford City Council for detailed planning consent for 189 new homes forming the third phase of its award winning 25-acre Middlewood Locks development, a new residential and commercial neighbourhood at the western gateway to Manchester's Central Business District.

 

Middlewood Locks is a joint venture between Scarborough, Hualing Group, based in Urumqui, Xinjiang, in China and Metro Holdings Limited, a Singapore-listed property development and investment group.

 

This third phase, designed by Whittam Cox Architects,  will provide 176 new one to three -bedroom apartments in two blocks, one of 10 storeys and the other 12 storeys, on the northern side of the canal opposite Phase I. There will also be 13 canal side two to four-bedroom townhouses. Almost all the homes will have their own private outdoor space by way of a balcony, terrace or garden.. This phase will also have a communal podium garden for the residents similar to the earlier phases. There will be 61 undercroft car parking spaces and 40 bicycle spaces.

 

The scheme will also incorporate 5,150 sq ft of ground floor commercial/retail accommodation and an additional 4,970 sq ft of offices.

 

Subject to receipt of planning consent, it is planned to start on this new phase in early 2021 with completion expected in Summer 2023. Phase II was topped out in February of this year and will be completed in 2021.

 

The 25-acre Middlewood Locks development is now a vibrant waterside neighbourhood where the two great cities, Salford and Manchester, meet.  When completed, it will provide a total of 2,215 new homes and 900,000 sq ft of commercial space, including offices, hotel, shops, restaurants, a convenience store and gym. With landscaped areas of green public space, the scheme is being developed around three large basins of the Manchester, Bolton and Bury Canal which connect to the River Irwell and is a short walk from the central business district and retail amenities of Manchester city centre. Overall, the site has a gross development value of more than £700 million and is expected to create more than 7,000 jobs for the area.

 

Paul Kelly, Development Director of Scarborough, said: “This is the next step in creating a reality of our vision for Middlewood Locks. This development is providing much needed homes and will provide quality office space capable of attracting major organisations alongside further retail and leisure space, all in an environment that recognises people come first”.

 

Nicola Wallis, Sales & Marketing Director said: “Middlewood Locks is a vibrant new neighbourhood with over 700 residents, Seven Brothers Beerhouse and the Co-op occupying the first phase.  It’s a great community with mainly owner occupiers and with a large proportion of our customers purchasing under the governments Help to Buy scheme. 

 

“We are very excited to be submitting plans for the next phase of homes, which will incorporate three story canal side townhouses along with a great mix of apartments across two buildings.  We have seen an increase in demand for family homes and also from people wanting to downsize at Middlewood Locks, so it’s important that the homes in phase three will cater for this market too”.

Scarborough reaffirms commitment to investing in Sheffield Posted: 26th Mar 2020

Scarborough reaffirms commitment to investing in Sheffield

Scarborough International Properties Limited, the UK and international real estate developer and investor, today reaffirms its commitment to investing in Sheffield in the wake of the COVID-19 pandemic.

 

Continuing its long track record of investment in Sheffield, Scarborough is pushing forward with a number of significant regeneration projects that will deliver economic benefits to the area.

 

Sheffield Olympic Legacy Park

At Sheffield Olympic Legacy Park, Scarborough will begin work to transform the existing sporting facility to create a top-class Community Stadium providing a permanent home for Sheffield Eagles Rugby League and possibly Sheffield United Women’s Football. In addition to changing room accommodation and sporting support space the principal stand will incorporate office and conference suites plus retail and leisure units. The Stadium is available for use by the adjoining UTC and Oasis Academy as well as local community groups and football clubs.

 

Scarborough plans to follow that with the start of construction within the next 6-9 months on a business incubator/enterprise centre building, providing flexible and managed workspace for organisations in the health and wellbeing sectors. It is also working with stakeholders at the Sheffield Olympic Legacy Park to explore a number of opportunities for additional development for larger corporate occupiers in the sector.

 

Scarborough is also intending this year to present its masterplan for a much larger area of the Sheffield Olympic Legacy Park, ready to deliver a diverse offering of space to the market as the project gathers momentum.

 

Overall the ‘Phase 1’ Masterplan Area will address 20 acres of development land, within a wider zone of 80 acres adjacent to existing buildings such as the English Institute of Sport in Sheffield and create up to 750,000 sq ft of business space and associated pubic realm. The buildings will offer space for a wide range of companies from SMEs to large corporations and institutions, to maximise the potential for business growth through collaboration and shared resources.   

 

Sheffield Digital Campus

At the Sheffield DC development opposite Sheffield’s main railway station and adjacent to the Sheffield Interchange bus station, Scarborough with its development partner, Singapore-listed Metro Holdings, is aiming to start construction in the summer of the fourth and final building. Called Vidrio, the building will provide more than 62,000 sq ft of Grade A office space ready for occupation at the end of 2021.

 

The high-quality office buildings already successfully completed at Sheffield DC – Electric Works, Ventana House and Acero – provide over 180,000 sq ft of office accommodation. These buildings have established a new prime office quarter for the City with unequalled transport connections and sit at the heart of the forthcoming Development Framework for the Sheaf Valley and Midland Station area. Scarborough shares with the City’s key stakeholders, high aspirations for the future growth and development of this area.

 

Bramall Lane

Alongside Sheffield United’s historic Bramall Lane Stadium, Scarborough continues its blueprint for redeveloping, upgrading or extending its owned properties shortly looking to submit for planning approval a mixed-use project at Chaucer Yard fronting John Street and Countess Road. Its two other properties at Boundary Corner (located at the junction of Shoreham Street/Cherry Street) and Cutlers Corner (positioned at John Street /Shoreham Street) already have planning consents in place for the development of modern apartments and ground floor retail space. Discussions are ongoing with Sheffield City Council to increase the density of both these sites.

 

Agreement in principle was reached in January for Sheffield United FC (under the ownership of HRH Prince Abdullah bin Mosaad bin Abdulaziz al Saud) to acquire from Scarborough the freehold of the Bramall Lane Stadium together with its interests in the four star Copthorne Hotel and the Enterprise Centre along with the 20 acre Academy and First Team Training Centre at Shirecliffe as well as the Junior Development Centre at Crookes and other properties.

 

Although it was expected that formal contracts - the detailed contents of which had been settled - would have been exchanged with completion to occur prior to 31 March this year and thereafter extended to the end of April, until Prince Abdullah withdrew his offer earlier this month.

 

However, both Scarborough and Sheffield United FC (under the ownership of Prince Abdullah) have to comply with the terms of the High Court judgement whereby the five properties will now have the individual prices determined by Arbitration with thereafter completion of the transaction taking place on or before the 1 July 2020, in line with the timetable set by the High Court.

 

Northern Powerhouse

In addition to its activities in Sheffield, Scarborough remains a major developer in the Northern Powerhouse region.

 

In Leeds, with its partner Legal & General Capital, Scarborough is progressing the Thorpe Park Leeds project where it has developed and opened The Springs shopping centre and is in the process of developing up to 800,000 sq ft of additional office space with a 113-acre public park with sports facilities. It is also working with Leeds City Council on additional transport infrastructure as the major expansion of the City to the east gathers pace.

 

In Manchester, Scarborough is developing the 25-acre Middlewood Locks which is now a vibrant waterside neighbourhood. When completed, 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.

 

SCARBOROUGH APPOINTS ADAM VARLEY AS PROJECT AND INVESTMENT EXECUTIVE Posted: 25th Feb 2020

Scarborough International Properties Limited (SIPL), the UK real estate development and investment company has appointed Adam Varley as Project and Investment Executive. Reporting to Chief Executive, Simon McCabe, Adam will be based at SIPL’s Leeds office at Thorpe Park and work on its ‘Northern Powerhouse’ projects including Thorpe Park, Leeds, Sheffield Digital Campus and The Sheffield Olympic Legacy Park.

 

Adam is a Chartered Surveyor with over 18 years’ experience in the property industry predominantly in the north of England. Prior to joining Scarborough, he was Director and Head of Office Advisory at Lambert Smith Hampton’s Leeds office responsible for office acquisitions and disposals across Yorkshire where he provided professional property advice to a wide range of local and national businesses on their office relocation strategies as well as successfully letting and selling office buildings for investors and developers within the public, private and third sectors. Adam qualified as a Chartered Surveyor in 2008, having gained a Diploma in Surveying at The College of Estate Management.

 

Simon McCabe, Chief Executive of Scarborough commented: “With an intimate knowledge of the Yorkshire market Adam will be invaluable in generating both occupier and investor interest in our major schemes in the county”.

TOPPING OUT SIGNIFIES MILESTONE FOR THE LARGEST NEW RESIDENTIAL SCHEME IN GREATER MANCHESTER Posted: 6th Feb 2020

TOPPING OUT SIGNIFIES MILESTONE FOR THE LARGEST NEW RESIDENTIAL SCHEME IN GREATER MANCHESTER

UK and International real estate developer and investor Scarborough International Properties and Beijing Construction Engineering Group International today celebrated a milestone in the construction of the second phase of Middlewood Locks, the exciting new mixed-use development in Salford 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 second phase of the development, which consists of four separate buildings of up to 10 storeys providing 546 apartments, with the buildings connected by podium gardens. The award-winning new neighbourhood is home to over 650 residents and counting, with 94% of homes sold in the first two phases.

 

There is a mix of tenures available; rental with Get Living, Help to Buy and open market sale. There are a large number of owner occupiers living in Middlewood Locks with the majority purchasing through the Government backed Help to Buy scheme. The typical demographic of purchasers is young professionals, families, downsizers, bank of Mum and Dad and some investors.

 

The whole of phase two was sold in January last year as part of a £180 million deal with a joint venture of Delancey Oxford Residential (DOOR), APG and Qatari Diar, which acquired over 800 homes in phases one and two for renting under their Get Living brand. Get Living launched its first 275 homes for rent at New Maker Yards within Middlewood Locks last summer.

 

The development, designed by architects Whittam Cox and landscape architects Planit, also includes ground-level parking and landscape gardens providing connectivity with public realm and park space surrounding the canal, which forms the central feature to the new neighbourhood. Already open at Middlewood Locks is a Seven Brothers beer house and a Co-op convenience store.

 

Guests, including Salford City Mayor, Paul Dennett, and members and officers of the Council, 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.

 

 

 

 

 

 

In October 2018, Beijing Construction signed a multi-million-pound construction contract with Middlewood Locks developer, FairBriar International, a joint venture partnership between Scarborough, Hualing Group of China and Singapore-listed Metro Holdings, and building work started on phase two in September 2018.  

 

The 25-acre Middlewood Locks development is now a vibrant waterside neighbourhood where the two great cities, Salford and Manchester, meet.  When completed, 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 landscaped areas of green public space, the scheme is being developed around three large basins of the Manchester, Bolton and Bury Canal which connect to the River Irwell and is a short walk from the central business district and retail amenities of Manchester city centre.

 

Salford City Mayor, Paul Dennett said: “It is very pleasing to see the Middlewood Locks project becoming the success story that we had envisaged four years ago, bringing real benefit to the people of Salford. This was a brownfield derelict site that is being brought back into beneficial use as a new residential and business district.

 

“The development of Middlewood Locks has created new employment and provides much needed housing in the area.

 

“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”.

 

Kevin McCabe, Chairman of Scarborough, commented: “We are delighted to achieve topping out for this second phase of our Middlewood Locks development which signifies an extremely successful partnership with Beijing Construction and also with the local authority.

 

“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. 

 

“I am also particularly pleased that there is now full commitment from the Government to HS2 which will provide a further boost not just to the Manchester region but also to the wider Northern Powerhouse”.

 

Rick de Blaby, CEO of Get Living, added: ‘It’s fantastic to see the second phase of our Get Living homes top out this morning. Last summer we launched our first 275 homes for rent at New Maker Yards within Middlewood Locks. Since then more than 300 residents have moved in; enjoying canalside neighbourhood life through simple, straightforward renting.

 

“Today is a great moment to celebrate with our partners how far Middlewood Locks has come and look forward to the day when we’ll be welcoming more residents into their new homes in this second phase.”

 

 

 

Mr Yu Dongwen, Beijing Construction said: “I am very pleased we have reached this important milestone on Phase Two of Middlewood Locks and our partnership with Scarborough is going from strength to strength. 

 

“We have developed 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”.

 

AMAZON TAKES FOUR ACRES AT QUEENSFERRY ONE Posted: 4th Nov 2019

Scarborough Muir Group has today announced that Amazon has agreed a new lease on four acres of land for use as a lorry parking facility at the Queensferry One development at Rosyth. Amazon is taking advantage of Queensferry One’s excellent location alongside the new Queensferry Crossing and M90 motorway.

 

The £250 million Queensferry One development covers 120 acres occupying an inspiring south-facing waterfront location with views of all three Forth bridges, including the new Queensferry Crossing which provides an average of approximately 75,000 traffic movements a day passing the site. 

 

The development will integrate 800,000 sq ft of industrial, manufacturing and logistics warehouses; 50,000 sq ft for roadside type uses (20,000 sq ft of retail and a 120-bed hotel, all of which reflect the Local Development Plan (FIFEplan). Flexible opportunities exist from land sales to design and build on a lease or freehold basis.

 

Queensferry One is well connected to the main cities of Edinburgh and Glasgow in addition to providing easy access to the north via the M90 motorway, while Edinburgh International Airport is only 15 minutes away. Close-by Inverkeithing train station is on the main east coast line providing a fast service to and from London and Aberdeen. The site is also immediately adjacent to major facilities operated by Babcock and Forth Ports. 

The locality has a highly skilled workforce with over 40 years’ experience in the Energy and Marine sectors.

 

William McAlister, of Scarborough Muir Group, said: “Despite recent market turbulence as a result of Brexit, Queensferry One is experiencing good levels of enquiries which is testament to its exceptionally strong strategic location.

“Attracting a premier distribution operation like Amazon to Queensferry One underlines its excellent location from a connectivity perspective, however the development is also ideal for industrial, manufacturing, energy, data and storage, financial, TMT, or waterside port sectors; it has it all.”

 

Ross Jubin, of Scarborough International Properties, added: “This is the start of a new era for Queensferry One, the Amazon deal is the start of what we see as a very active period of new developments within Rosyth, and the Group is now considering speculative development and is in the final stages of progressing a major pre-let”

Queensferry One is being jointly marketed by JLL and Ryden.  

£45M INFRASTRUCTURE INVESTMENT CELEBRATED AT THORPE PARK LEEDS - PROJECT TO CONTRIBUTE £250M PER ANNUM TO LOCAL ECONOMY Posted: 26th Sep 2019

  £45M INFRASTRUCTURE INVESTMENT CELEBRATED AT THORPE PARK LEEDS -	PROJECT TO CONTRIBUTE £250M PER ANNUM TO LOCAL ECONOMY

Nigel Wilson, Chief Executive of Legal & General Group, has visited Thorpe Park Leeds to commemorate the result of over £45 million of critical infrastructure investment completed on the strategic site.

 

Nigel was hosted by Thorpe Park Leeds developer and joint venture partner Scarborough International Properties alongside the Lord Mayor of Leeds, Cllr Eileen Taylor and other local councillors that have been instrumental in the 100-acre project.

 

Legal & General has funded enabling works for phase two development at Thorpe Park Leeds including the £10 million Manston Lane Link Road (MLLR) that has critically unlocked land for the planned East Leeds Orbital Road (ELOR) and future delivery of around 7000 new homes with amenities in East Leeds.  

 

The investment has also delivered a £6.5 million railway bridge and public footpaths as well as £10.5 million enabling works across Thorpe Park Leeds for commercial development.  Further roadworks to facilitate the new Springs retail and leisure park, gas mains and power cable diversions, new power supply and archaeological/ecological clearing were also incorporated in the highly complex project.

 

Nigel Wilson, Chief Executive at Legal & General Group, said, “Cities need the right physical and digital infrastructure in order to thrive and be productive. This work is testament to our commitment and joined up approach to enhancing our future cities and improving people’s lives for the better over the long-term. It is thanks to our partners Scarborough International Properties and Leeds City Council that this major infrastructure milestone has been reached – these plans were locally generated and they have worked!”

 

 

 

Kevin McCabe, Chairman of Scarborough International Properties, said “This event marks a significant milestone and a very proud moment for the Scarborough team, Legal & General, the Council and all of our delivery partners that have worked tirelessly over the last four years to deliver the project.

 

 “Not without its challenges, this programme of works has been completed under restrictive conditions and tight timescales, with little room for error, by a highly skilled and dedicated team.  Over the term we have endeavoured to employ a local workforce whenever possible and delivered some fantastic and very tangible skills training and schools educational initiatives along the way.

 

“We cannot underestimate the legacy we will leave as these vital infrastructure works not only support further development at Thorpe Park Leeds but also contribute £250 million per annum to the city region economy, creating around 10,000 new jobs.”

 

Local Councillor Peter Gruen said, “Seeing this new road and the associated infrastructure in place is immensely satisfying. There has been brilliant collaboration between many different organisations and partners to make this happen. The community benefits will be enormous for a long time to come.”

 

Thorpe Park Leeds is already an established business location with 800,000 sq ft of commercial operation and over 4,500 workers on site. A unique £162 million investment deal with Legal & General in 2015 secured a transformational 1.35 million sq ft mixed-use expansion, bringing forward Phase two which includes The Springs retail and leisure park, 900,000 sq ft of Grade A office accommodation, 300 new residential homes and a 113-acre public park.

 

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.

 

Ends

PRIME OFFICE SCHEME COMPLETES AT THORPE PARK LEEDS Posted: 13th Sep 2019

Scarborough International Properties Limited (SIPL), and its joint venture partner Legal & General, have completed construction of a new 35,846 sq ft Grade A office building at Thorpe Park Leeds. 

 

Lumina is the second new office development in the £162 million phase two development at Thorpe Park Leeds which includes The Springs, a new shopping and leisure centre opened in [October 2018, and paves the way for further 860,000 sq ft office development in which there is significant interest from potential occupiers.

 

Scheme contractor, GMI Construction, handed over the building this week with Pharmacy2U taking the keys to fit out the second and third floors. The online pharmacy group agreed a pre let in April to take 15,770 sq ft on a ten-year lease.  20,080 sq ft with 73 parking spaces remains available to let at Lumina on the ground and first floors, which can be sub divided.

 

Other office occupiers secured in phase two at Thorpe Park Leeds in the last twelve months include Big Change Apps, Wates Construction, Pure Retirement, EP UK Investments and Renew Holdings.

 

Paul Holcroft, director of Asset Management at SIPL said, “We are delighted to achieved practical completion of Lumina as we push to deliver more prime stock office accommodation at Thorpe Park Leeds.

 

“With The Springs retail and leisure park now open, the site provides superb amenities for occupiers and has proved an extremely attractive draw and a boost for over 4,500 workers on the existing park.  New infrastructure and the pending new railway station are also ticking many boxes for accessibility and sustainable travel where we also have a free transport planning service in place.

 

“We have strong interest in the remaining space at Lumina and also new development plots in phase two which gives us confidence for further speculative development.”

 

Thorpe Park Leeds is an established business location with 800,000 sq ft of space built and occupied to date, including 600,000 sq ft of offices. A unique £162 million investment deal with Legal & General Capital in 2015 secured a transformational 1.35 million sq ft mixed-use expansion, bringing forward exceptional new business opportunities to the Leeds City Region.

 

Phase two includes the 350,000 sq ft retail and leisure park as well as a further 860,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities.

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.

Scarborough appointed preferred development partner for major Sheffield regeneration project Posted: 18th Jul 2019


 

Scarborough International Properties Limited, the UK and international real estate developer and investor, has been appointed by Sheffield City Council and Legacy Park Limited (LPL) as preferred development partner for the expansion of the Sheffield Olympic Legacy Park, a major regeneration project, in the lower Don Valley area of Sheffield. LPL is a partnership between Sheffield City Council and Sheffield Teaching Hospitals NHS Foundation Trust.

 

Scarborough’s role will be working with the Council and all LPL stakeholders to assemble the site for Sheffield Olympic Legacy Park and lead the project team through the whole design, development, letting and funding process.

 

LPL has proposed a potential area for Sheffield Olympic Legacy Park covering some 200 acres, although in the first instance Scarborough will focus on an initial masterplan zone covering circa 70 acres around existing buildings such as the Fly DSA Arena, the English Institute for Sport, Sheffield, the UTC Sheffield Olympic Legacy Park and the Oasis Academy Don Valley. Development of up to 750,000 sq ft of business space for the sport, health and well-being sector is anticipated within this initial zone.

 

Scarborough is already under contract with Sheffield City Council to bring forward a £6 million Community Sports Stadium at the park, incorporating more than 20,000 sq ft of business and conference space, which is planned to complete next summer.  Among other teams, the stadium will be home to Sheffield United Women’s football team.

 

Scarborough plans for its first project as preferred development partner a building of around 40,000 sq ft of office space, close to Sheffield Hallam University’s ‘Advanced Wellbeing Research Centre’ which is due to open this Autumn. Scarborough expects to commence work on its building early in the New Year.

 

Kevin McCabe, Chairman of Scarborough International Properties Limited, commented: “We believe in Sheffield Olympic Legacy Park and the ability of Sheffield, my home city, to create and support a unique business environment that achieves Legacy Park Limited’s ambitious vision. We have been building our commitment to the project over the last two years, signing up in 2018 to develop and run the Community Stadium, and we now look forward accelerating the delivery of Sheffield Olympic Legacy Park to bring jobs and economic growth back to the Lower Don Valley area”.

 

The aim of the park, which includes the site of the well-known former Don Valley Stadium, is to deliver a tangible legacy from the London 2012 Olympic Games through a combination of world-class sports facilities, education, new skills, research and innovation, environmental improvements and opportunities for the local community. The vision is that it will become one of the world’s leading locations for innovation in sport, health and wellbeing.

 

Significant progress has already been achieved at the park by LPL with the development of new amenities including:

·         Advanced Wellbeing Research Centre for Sheffield Hallam University, which targets businesses engaged in collaborative research and taking products from concept to market

·         UTC Sheffield Olympic Legacy Park, a university technical college with capacity for 600 students aged 14-19 specialising in human science and computing

·         Oasis Academy Don Valley, an academy school for children aged 2-16

 

Sheffield Olympic Legacy Park will also benefit from incorporating the well-established sports and leisure facilities in the area, including:

·         English Institute of Sport, Sheffield, a world class multisport venue for professional athletes, university students and the local community.

·         iceSheffield, an Olympic-standard, twin-pad ice sports arena.

·         The Fly DSA Arena, Sheffield’s major events venue.

The Springs secures further leases with major brands at Thorpe Park Leeds Posted: 10th Apr 2019

Scarborough International Properties Limited (SIPL), the UK and international real estate developer and its joint venture partner Legal & General, announce that they have signed leases with a further two retailers at The Springs the new retail and leisure destination at Thorpe Park Leeds.

 

The Entertainer, the largest independent toy retailer in the UK, has signed a 10 year lease for 3,750 sq ft and Krispy Kreme, a premium doughnut and coffee retailer, has also signed a  10 year lease, for a 750 sq ft unit.

 

These new retailers will join a range of big brands including Nando’s, M&S, Next, Boots, TK Maxx, H&M, Outfit and Pure Gym which have opened at The Springs over the past three months. They will be joined by a 44,000 sq ft, 10-screen ODEON offering state of the art screen and audio technology and luxury seating, which is due to open in April. Further high street leisure and retail occupiers are due to be announced over the coming weeks.

 

Simon Marshall, Joint Chief Executive of Scarborough International Properties, said: “We are excited to welcome further leading retailers to The Springs at Thorpe Park Leeds. The addition of these well-known brands demonstrates The Springs’ success in providing an exciting and varied leisure and retail park for locals and visitors to Thorpe Park Leeds.”

 

Thorpe Park Leeds is an established business location with 800,000 sq ft of development built and occupied to date, including 600,000 sq ft of offices. A unique £162 million investment deal with Legal & General Capital in 2015 secured a transformational 1.35 million sq ft mixed-use expansion, bringing forward exceptional new business opportunities to the Leeds City Region.

 

Phase two includes the 350,000 sq ft retail and leisure park as well as a further 900,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities.

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, opening in the first week

 

in April. 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.

Major Office Pre-let at Thorpe Park Leeds Posted: 25th Mar 2019

Major Office Pre-let at Thorpe Park Leeds

Scarborough International Properties Limited (SIPL), the UK and international real estate developer, and its joint venture partner Legal & General, have announced that they have pre-let two floors at Lumina, their Grade A office development, which is being delivered as part of the £162 million phase two development at Thorpe Park Leeds.

 

Pharmacy2U Limited, the UK's largest1 NHS approved online pharmacy which also provides a confidential private online doctor service, has taken a 10-year lease on the whole of the second and third floors at Lumina, totalling 15,770 sq ft, commencing on completion of the development. Lumina provides 35,850 sq ft of Grade A office space and128 car parking spaces. The balance of 20,080 sq ft of offices on the ground and first floors is available at an asking rent of £23.50 per sq ft.

 

Construction of the new building is underway and is due to complete in September this year (2019).

Letting agents are BNP Paribas Real Estate, Cushman & Wakefield and JLL. Holder & Co. acted for Pharmacy2U.

 

In September last year (2018), SIPL and Legal & General announced the completion of letting at their first, Phase Two, speculative office building, Paradigm, which offers 31,650 sq ft of premium office space and 122 car parking spaces. Tenants there include Wates Construction (10,275 sq ft), Pure Retirement (12,575 sq ft), EP UK Investments (6,250 sq ft) and Renew Holdings (2,550 sq ft).

 

Paul Holcroft, Director - Asset Management at Scarborough International Properties, said: “Innovative businesses like Pharmacy2U are attracted to a business environment at Thorpe Park that sets the standard for the future. The Park is well supported with excellent shopping provided by the newly opened shopping centre, The Springs; has superb amenities including extensive green open space; and is close to homes and has excellent transport connections.”

 

 

 

 

Rachel Dickie, Head of Urban Regeneration at Legal & General Capital, added: “A pre-let of this size demonstrates that strong market confidence remains in the Yorkshire region and at Thorpe Park Leeds, confirming our vision to create places and spaces where people want to work that is on par with the city centre.”

 

Mark Livingstone CEO of Pharmacy2U, commented: “We’re using technology to reinvent pharmacy, providing more convenient access to repeat prescription medicine. To do this we use the best facilities to continue to supply award-winning care for our patients, and Thorpe Park is an opportunity to take our offer to the next level. We’re proudly a Leeds-based operation and we’re really looking forward to moving 170 employees into the Lumina building at the most convenient opportunity.”       

 

SCARBOROUGH AND LEGAL & GENERAL SELL PARADIGM AT THORPE PARK LEEDS FOR £10.2 MILLION Posted: 25th Mar 2019

SCARBOROUGH AND LEGAL & GENERAL SELL PARADIGM AT THORPE PARK LEEDS FOR £10.2 MILLION

Scarborough International Properties and its partner, Legal & General, have sold a prime office building at Thorpe Park Leeds for £10.2 million.

The building, Paradigm, provides 31,650 sq ft of Grade A office space across three floors and 122 car parking spaces. It is fully let on 10-year leases to four tenants, Pure Retirement (12,575 sq ft), Wates Construction (10,275 sq ft), EP UK Investments Limited (6,250 sq ft), and Renew Holdings (2,550 sq ft).

Knight Frank acted for the vendors and CBRE acted on behalf of the buyer.

Paul Holcroft, Director of Asset Management at Scarborough, said: “As the first speculative office building in this phase, Paradigm has been a very successful project.

“Following the completion of The Springs we have seen a significant increase in the number of office occupiers turning their attention to Thorpe Park, attracted by the ease of getting here either by car or public transport, the availability of parking, the feel of open space and the convenience of The Springs on the doorstep”.

Rachel Dickie, Head of Urban Regeneration at Legal & General Capital, commented: “The sale of Paradigm is testament to our ambition to deliver Grade A office space at Thorpe Park Leeds that is on par to the city centre by creating institutional-quality assets. As a result, we have attracted some fantastic businesses to east Leeds and we have already started on our next speculative office building, now partially pre-let to Pharmacy2U. With the recent completion of the Springs, our retail and leisure destination, we are committed to creating a dynamic and varied destination at Thorpe Park Leeds”.

Paradigm is part of the £162 million phase two development at the Thorpe Park Leeds and was the development’s first speculative office building.

Located directly off Junction 46 of the M1 motorway, Thorpe Park Leeds is an established business location with 800,000 sq ft of development built and occupied to date, including 600,000 sq ft of

offices. More than 60 blue chip businesses occupy space at Thorpe Park Leeds employing around 4,500 people. 

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

Phase two of the development has progressed significantly with the opening of The Springs shopping centre last autumn. The Springs is a new 350,000 sq ft retail and leisure park with retailers including Next, M&S Simply Food, H&M, TK Maxx, Outfit and Boots and leisure brands including Nando’s, Gino D’Acampo’s My Restaurant and Pure Gym. A 44,000 sq ft, state-of-the-art, 10-screen Odeon cinema will open this spring.

The plan also includes a further 900,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities.

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.

THORPE PARK TO WELCOME LUXURIOUS NEW ODEON LUXE CINEMA AND THE FIRST DOLBY CINEMA IN THE UK OUTSIDE LONDON Posted: 6th Mar 2019

THORPE PARK TO WELCOME LUXURIOUS NEW ODEON LUXE CINEMA AND THE FIRST DOLBY CINEMA IN THE UK OUTSIDE LONDON

ODEON – the UK & Ireland’s largest cinema chain – has today announced it is to open a brand-new, luxury cinema at The Springs retail and leisure park, located to the East of Leeds.

Due to open its doors this Spring, ODEON Luxe Leeds Thorpe Park will feature 971 luxury, handmade reclining seats across 10 new cinema screens, offering film fans triple the legroom and increased personal space to ensure the ultimate in-cinema comfort.

The brand-new cinema will be home to the UK’s second Dolby Cinema — the first outside London following the re-opening of ODEON’s flagship cinema, ODEON Luxe Leicester Square, in December 2018. ODEON and Dolby have partnered to offer film fans in Leeds a truly immersive and unforgettable cinematic experience. The Dolby Vision dual 4K laser projection system brings the story alive with spectacular, ultravivid picture, delivering twice the brightness, 500 times the contrast ratio of standard screens, blacker blacks, and an unsurpassed colour palette, all projected on a massive 19m screen for a vibrant, lifelike cinema experience like no other. The studio-grade Dolby Atmos immersive audio system transports viewers into the film with breathtakingly realistic audio, filling the cinema with a soundscape that flows all around and above the audience. With the highest standards for technical design plus 263 Luxe recliners, Dolby Cinema brings movies to life.

Guests of the new cinema will be spoilt for choice with the very best cinematic technology, as the cinema will also boast a 173-seat ODEON exclusive iSense screen. Taller than a double decker bus, the screen itself measures 15m x 6.2m, and is curved to maximise light reflection. Guest will be dazzled by the Dolby Atmos sound and 4K digital projectors that deliver almost nine million pixels for an ultra-high definition picture.

The impressive new cinema has also created 80 new jobs in the local area, with all new team members receiving the full training and exciting career opportunities available at ODEON.

We are hugely excited to bring the ODEON Luxe experience to the people of Leeds, sharing our passion for film with the local community,” said John Alls, General Manager at ODEON Luxe Leeds Thorpe Park. “We’ve put a great deal of effort into hiring enthusiastic local people to join our team to ensure we deliver the exceptional customer service expected by our guests. The combination of Luxe recliners and Dolby Cinema means that our cinema will offer local film fans a completely unique cinema experience, which is really exciting to be a part of.”

Julian Stanford, Senior Director Dolby Cinema Europe added: “We’re delighted to be expanding our Dolby Cinema footprint in the UK by launching at ODEON Luxe Leeds Thorpe Park, a new attraction which will give the local community an opportunity to experience the unparalleled cinema magic that a Dolby Cinema delivers. Dolby Cinema enables richer and more exciting storytelling by  filmmakers, through Dolby Vision and Dolby Atmos – unrivalled picture and sound quality for any film. We are sure film fans in Leeds are going to love experiencing their favourite movies in the incredibly life-like Dolby Cinema!”

 

Keep an eye out for more information about the new cinema on the ODEON website: www.odeon.co.uk

Scarborough submits planning application for Vidrio at Sheffield DC Posted: 20th Feb 2019

Scarborough submits planning application for Vidrio at Sheffield DC

 

Scarborough International Properties Limited (SIPL), the UK and International Real Estate Developer and Investor, announces that it has submitted an application to Sheffield City Council for detailed planning consent for Vidrio, an eight storey, 60,000 sq ft office building located on Sheffield Digital Campus (Sheffield DC), in Sheffield city centre.

 

The development would complete the final phase of Sheffield DC, where enabling and substructure works have already been undertaken. The most recent addition to the scheme was Acero, an 80,600 sq ft Grade A office building which completed in July 2017 and was let to Atkins, Simcyp and Spaces before being sold to APAM in May 2018 for £26.6m.

 

Following the success of building one, Electric Works, building two, Ventana House and most recently Acero, Vidrio is the fourth building planned for Sheffield DC.

 

Located in Sheffield city centre, Vidrio is adjacent to Sheffield’s main railway station, which will benefit from the delivery of high speed rail HS2. The office building is the final addition to the Sheffield DC development.

 

Paul Holcroft, Director of Asset Management at Scarborough, added:This planning application further demonstrates our commitment to Sheffield and our confidence in the strong market conditions we have seen over recent years. Vidrio is the final piece of the jigsaw for Sheffield DC and will deliver exceptional quality Grade A office accommodation in a striking landmark building”.

BUYING YOUR NEW HOME AT MIDDLEWOOD LOCKS COULDN’T BE EASIER Posted: 31st Jan 2019

BUYING YOUR NEW HOME AT MIDDLEWOOD LOCKS COULDN’T BE EASIER

Moving to award winning development Middlewood Locks in Manchester became even easier this week with the launch of its ‘First Time Buyer Furniture Pack’, in association with LOFT www.loft-interiors.co.uk. The ‘First Time Buyer Furniture Pack’, exclusive to all Middlewood Locks residents at a special price, helps to simplify moving home and reduce the cost, by eliminating removal and installation costs. It also allows customers to move in within a six-week timeframe. The furniture will be on display in a new show apartment launching at Middlewood Locks on Saturday 2 February, when a further release of canalside apartments will be available for sale with prices from £172,000.

 

Middlewood Locks is a fantastic new canalside neighbourhood located at the western gateway to Manchester City Centre.  The first phase of apartments and commercial space is now completed and the residents have moved in to their homes and are enjoying being part of the Middlewood Locks community. 

 

Help to Buy has proved to be a strong proposition to buyers at Middlewood Locks accounting for around 50% of the sales to date. The scheme 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. There is no interest to pay on the 20% loan for the first five years of owning a new home.

 

As well as Help to Buy being available on all new homes, the team at Middlewood Locks can help to make the process of buying a new home easier by recommending a selection of independent financial advisors who will offer free advice regarding mortgage options and a selection of solicitors who, because they are fully informed on the development, have agreed to fix their legal fees.

 

Middlewood Locks is currently the only mixed-use city centre scheme of this size offering Help to Buy with new homes available immediately. In addition, there is no stamp duty to pay on all homes up to £300,000 for first time buyers. These combined incentives [lend to creating] affordable opportunities for people to buy and own their own home in the city centre.  

 

City professionals Tristan Comley and Nicola Jones have bought their first home together at Middlewood Locks through Help to Buy. Tristan said, “We were attracted to Middlewood Locks because of the light and spacious apartments not often found in the city centre and the overall vision for the neighbourhood is inspiring. We didn’t really know how Help to Buy works until we visited the development, but it means that we have been able to buy a two-bedroom apartment without the struggle of finding a 25% deposit. The lower interest rate also allows us to save and hopefully pay back the government loan in the next few years.”

 

Nicola Wallis, Director of Residential Sales and Marketing at Scarborough International Properties, commented: “At Scarborough, we recognise the potential difficulty first time buyers may have when purchasing and moving into their new home. We believe that buying a new home should be a happy and enjoyable experience and we try to make the process as easy as possible for our customers by helping them every step of the way. We have always been in the fortunate position to offer Help to Buy on all our new homes at Middlewood Locks and this, coupled with our professional panel of solicitors and financial advisors really helps to make our customers experience of buying a new home an enjoyable one. 

 

“We have worked closely with LOFT to offer a First Time Buyer Furniture pack, as we recognised that a big part of the cost and stress of moving home is the removals or endless weekend trips to furniture stores. Working with LOFT we have put together a modern contemporary furniture pack, which is available exclusively to our customers at a special price including delivery and installation.  Alternatively, if our customers prefer to pick their own individual items of furniture then they can call into LOFT’s showroom or shop online and use their exclusive LOFT customer discount voucher.”

 

Jodie Leah Thompson of LOFT said: “We are pleased to have been able to develop this exclusive ‘First Time Buyer Furniture Pack’ with Scarborough as Middlewood Locks is such a great showcase for our wide range of contemporary furniture. As specialists in furnishing complete homes, we are practiced in making the process of moving in to a new home much simpler and at a reasonable cost.”

 

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 Springs continues to secure big brands at Thorpe Park Leeds Posted: 5th Nov 2018

The Springs continues to secure big brands at Thorpe Park Leeds

Scarborough International Properties Limited (SIPL), the UK and international real estate developer and its joint venture partner Legal & General, announce that they have signed leases with four retailers at The Springs, Thorpe Park Leeds.

 

Fat Face, the lifestyle clothing and accessories retailer has agreed a lease at the site taking a 3,400 sq ft unit; JD Sports, the leading trainer and sports fashion retailer has signed a lease for 5,450 sq ft of space and Mountain Warehouse, the outdoor clothing and equipment retailer has taken 5,000 sq ft of space. Alongside this, Card Factory, the greeting card and gift store has signed a lease for 1,100 sq ft of space at the 350,000 sq ft retail and leisure destination.

 

The new retailers will join other confirmed brands including H&M, Nando’s, M&S, Next, TK Maxx, Outfit, Boots, Odeon and Pure Gym. Further high street leisure and retail occupiers are due to be announced over the coming weeks.

 

Simon Marshall, Joint Chief Executive of Scarborough International Properties, said: “We’re delighted to be welcoming these new retailers to The Springs at Thorpe Park Leeds. To have such well-known names commit to the centre provides a huge vote of confidence in the scheme, which has already attracted a variety of well-known retailers and restaurants.”

 

Rachel Dickie, Head of Urban Regeneration at Legal & General Capital, said: “It is fantastic to see further well-known brands come to The Springs, our new retail and leisure destination, at Thorpe Park Leeds. Thorpe Park Leeds is really coming to life as a unique and progressive mixed-use community.”

 

 

 

 

 

 

 

 

 

Thorpe Park Leeds is an established business location with 800,000 sq ft of development built and occupied to date, including 600,000 sq ft of offices. A unique £162 million investment deal with Legal & General Capital in 2015 secured a transformational 1.35 million sq ft mixed-use expansion, bringing forward exceptional new business opportunities to the Leeds City Region.

 

Phase two includes the 350,000 sq ft retail and leisure park as well as a further 900,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities.

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

The Springs launches at Thorpe Park Leeds Posted: 11th Oct 2018

The Springs launches at Thorpe Park Leeds

Scarborough International Properties Limited (SIPL), the UK and international real estate developer and its joint venture partner Legal & General, announce that The Springs, the 350,000 sq ft retail and leisure destination at Thorpe Park Leeds will be welcoming the public to its official opening today, Thursday 11 October.

 

From 10am to 4pm retailers including M&S Foodhall, H&M, Next, TK Maxx, Outfit, Boots and leisure brands including Nando’s, Gino D’Acampo’s My Restaurant and Pure Gym will be opening their doors offering visitors to The Springs a variety of activities for all the family including giveaways and complimentary food from a selection of street vendors.

 

In addition to renowned high street brands, a 44,000 sq ft, 10-screen ODEON offering state of the art screen and audio technology and luxury seating, is due to open in Spring 2019 located adjacent to, and above the boulevard of restaurants within the leisure offering at The Springs. Further high street leisure and retail occupiers are due to be announced over the coming weeks.

 

Thorpe Park Leeds is an established business location with 800,000 sq ft of development built and occupied to date, including 600,000 sq ft of offices. A unique £162 million investment deal with Legal & General Capital in 2015 secured a transformational 1.35 million sq ft mixed-use expansion, bringing forward exceptional new business opportunities to the Leeds City Region.

 

Phase two includes the 350,000 sq ft retail and leisure park as well as a further 900,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities.

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.

 

Simon Marshall, Joint Chief Executive of Scarborough International Properties, said: “We look forward to seeing our first retailers opening their doors at The Springs.

 

“Similar to prime shopping locations such as Manchester and London where people will continue to visit when they want a variety of choice and big stores, The Springs will provide a fantastic new retail and leisure offering for locals and visitors to Thorpe Park Leeds.”

 

Rachel Dickie, Director of Regeneration at Legal & General Capital, said: “The official opening of The Springs is an exciting milestone for Thorpe Park Leeds and establishes it as a unique and progressive mixed-use community, providing jobs, homes and now much sought-after amenities for the East of Leeds. The variety of new brands and choice at the scheme will set a new standard for the area and create a destination that people will want to keep coming back to.”

 

 

 

@ThorpeParkLeeds

www.thorpeparkleeds.com

Scarborough disposes of £12.1 million office portfolio Posted: 21st Aug 2018

Scarborough International Properties Limited (SIPL), the UK and international real estate developer,

has completed the sale of two office buildings at Thorpe Park, Leeds to a Charitable Trust, for a combined price of £12.1 million.

 

The two, three storey Grade A buildings constructed in 2004, provide a combined total of 52,845 sq ft of offices with generous car parking, let to tenants including BAM Construction, Duchy Homes and Jelf.

 

Knight Frank acted for Scarborough, the Charitable Trust were unrepresented.

 

SIPL has also completed its third letting at Paradigm, the first speculative Grade A office building delivered as part of the phase two development at Thorpe Park, Leeds, with a 2,550 sq ft letting to Renew Holdings who have taken a 10-year lease. Renew join Pure Retirement and Wates Construction, leaving just one suite remaining in the building.

 

In a prime location overlooking Junction 46 of the M1, Thorpe Park, Leeds is an established business location with 800,000 sq ft of development already built and occupied, including 600,000 sq ft of offices.

 

A unique £162 million investment deal with Legal & General Capital in 2015 secured a transformational 1.35 million sq ft mixed-use second phase, bringing forward exceptional new business opportunities to the Leeds City Region.

 

Phase two includes the 350,000 sq ft retail and leisure park as well as a further 900,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities. 

 

Phase two also enables the 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. 

 

Paul Holcroft of Scarborough International Properties, said: “Following the other recent sales at Thorpe Park, the level of interest and price achieved for these buildings is evidence of the demand for prime office assets at Thorpe Park Leeds. The quality of the scheme continues to attract occupiers who recognise the importance of The Springs amenity and welfare provisions on offer, helping them attract and retain the highest quality staff.”

 

Gino D’Acampo - My Restaurant To Open At Leeds Thorpe Park Development, The Springs Posted: 9th Aug 2018

Gino D’Acampo - My Restaurant  To Open At Leeds Thorpe Park Development, The Springs

Gino D’Acampo, the UK’s favourite Italian chef, has announced he is to open a new restaurant at the rebranded Thorpe Park development, The Springs, Leeds.

 

The 150 seater restaurant will include a coffee & deli bar where guests can eat in or take away from breakfast onwards, a prosecco bar and alfresco terrace complete with games room.

 

It will be Gino’s fourth establishment in Yorkshire and third in partnership with leading UK fashion retailer Next, and follows the success of My Restaurant Leeds city centre, Harrogate and Hull, where he opened his latest restaurant with the retail giant in December 2017.   

 

Work is already underway on the £1.2m development and will open in October.

 

Speaking recently at The Yorkshire Dales Food & Drink Festival, where he made an appearance alongside fellow chef, James Martin, Gino said:  “I’m pleased to confirm I’m expanding my presence in Yorkshire with a fourth restaurant at The Springs, Leeds.

 

“It’s a truly impressive development combining great stores, restaurants and leisure facilities; I’m looking forward to being at the heart of it and opening my fourth restaurant in this wonderful county.”

 

Simon Marshall, Joint Chief Executive of Scarborough International Properties, adds, "We are delighted to welcome Gino and his aspirational brand to The Springs at Thorpe Park Leeds.   The new retail and leisure park serves to provide unrivalled new facilities in East Leeds, not least for those that work here but also for the local community, commuters and destination visitors.  We look forward to announcing further exciting occupiers in the coming months."

 

The announcement follows news Gino is to launch a new fast-casual dining concept – My Coffee & Deli Bar, on the lower ground floor of his Pizza & Prosecco Bar in Manchester next month (September 2018).

Similar to the coffee shops found in Gino’s hometown, My Coffee & Deli Bar will transport visitors to Naples, serving real Neapolitan coffee and Italian food, available to eat in or take away.  

Gino first made his move into restaurants when he teamed up with friend & business partner Steven Walker, founder of Manchester based restaurant group Individual Restaurants, the company behind favourites including Piccolino and The Restaurant Bar & Grill.

 

Despite the current issues facing the sector Gino plans to open further restaurants in 2018 and has a strong pipeline in place for 2019.

 

New brand revealed for retail/leisure park at Thorpe Park Leeds as River Island joins line up Posted: 2nd Aug 2018

New brand revealed for retail/leisure park at Thorpe Park Leeds as River Island joins line up

Scarborough International Properties Limited (SIPL), the UK and international real estate developer and its joint venture partner Legal & General, have unveiled a new brand identity for their 350,000 sq ft retail and leisure destination at Thorpe Park Leeds, which is due to open in October 2018. 

 

The 350,000 sq ft development will be known as ‘The Springs’, an identity that was inspired by the freshwater springs that once flowed from the site, which is located just off Junction 46 of the M1 east of Leeds. Created by brand consultancy Core Marketing, the new brand is designed to complement the existing Thorpe Park Leeds identity, inspiring a more consumer facing, placemaker feel to help engage a wider audience and promote the leisure and retail proposition.

 

River Island is the latest national retailer to agree a lease at the site, taking a 6,500 sq ft unit, and will join other confirmed brands including Next, TK Maxx, Outfit, Boots, Odeon and Pure Gym. Further high street leisure and retail occupiers are due to be announced over the summer.

 

Simon Marshall, Joint Chief Executive of Scarborough International Properties, said: “We are really starting to see momentum build for the retail and leisure offer at Thorpe Park Leeds. The process of handing over to occupiers for fit out in advance of the grand opening in October is now in full flow. 

 

“As a business destination, Thorpe Park Leeds has enjoyed tremendous success with over 60 blue chip occupiers employing over 4500 people already on site. The launch of a new retail and leisure destination at the heart of the development, as a major part of a £162 million phase two investment, is a real game changer for East Leeds. Now that we’ve announced the new brand identity, we have reached yet another important milestone in the development of a more upbeat, fresh and engaging development that will appeal to a broader consumer audience.”

 

 

 

 

 

 

Rachel Dickie, Head of Urban Regeneration at Legal & General Capital, said: “Thorpe Park Leeds is establishing itself as a true destination where people can, live, work and play. This milestone of a new retail and leisure offer further brings to life this unique and progressive mixed-use community that we have created in partnership with Scarborough International Properties, and the on-going support of the Council, and will contribute hugely to the economic prosperity of the local area, creating new homes, jobs and amenities.”

 

Thorpe Park Leeds is an established business location with 800,000 sq ft of development built and occupied to date, including 600,000 sq ft of offices. A unique £162 million investment deal with Legal & General Capital in 2015 secured a transformational 1.35 million sq ft mixed-use expansion, bringing forward exceptional new business opportunities to the Leeds City Region.

 

Phase two includes the 350,000 sq ft retail and leisure park as well as a further 900,000 sq ft of Grade A office accommodation, 300 new residential homes by Redrow and a 113-acre public park with sports facilities.

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.

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