Marking a major milestone in the redevelopment of Leicester's Waterside area
Our East Midlands team has been appointed to the first new office complex in Frog Island, marking a major milestone in the redevelopment of Leicester’s Waterside area.
Working with Leicester City Council and Brackley Property Developments this is the first of three proposed office buildings, and will provide 17,000 sq ft of office space.
It has been designed to reflect the industrial heritage of the Waterside area and will feature a distinctive metal roof and a full height glazed front to the three-storey building.
The new office will be the first part of the commercial development of the Waterside area, following Leicester City Council’s acquisition of the land and buildings in the area. The council, through its development partner Keepmoat, has so far invested around £5 million in clearing and remediating the site ready for development.
Stepnell recently worked with the city council and Brackley Property Developments to complete work on the Fabric and Riverside office buildings in the grounds at Friars Mill.
Stephen Pedrick-Moyle, Managing Director of Brackley Property Developments Ltd, said:
“We are thrilled to be starting work on the first new commercial property development as part of the redevelopment of Leicester Waterside and are looking forward to welcoming new businesses to take up space at this key regeneration scheme.”
City Mayor Peter Soulsby said:
“The start of work on the first new offices as part of the Waterside marks an important milestone in the transformation of this long-neglected part of the city.
After several years of planning, negotiation and site preparation, we are now ready to see this important area of the city begin its transformation into a thriving new neighbourhood and a great place to live and do business.
In these challenging times, it is vital that we continue to invest in the city’s economic prosperity and future growth.”
Leicester Waterside is located within the Loughborough and Leicester Science and Innovation Enterprise Zone.
Kevin Harris, Chair of the LLEP Board of Directors, said:
“This development at Leicester’s Waterside marks a major investment for the LLEP. It’s wonderful to see the plans coming to fruition, after several years of planning.
Of course, the buildings themselves aren’t the end goal of the development, and I’m really looking forward to meeting the companies that will move into these new premises. The thriving businesses that will occupy this site will create a new centre of commercial activity in Leicester, bringing jobs and prosperity to our city and the wider region.”