New Leeds Office Space Faces Wrecking Ball
Two storeys of new office space, added to the top of a high profile building in Leeds, may have to be pulled down after the owner of a neighbouring building complained that construction of the additional office space had interfered with the amount of natural light reacting his building.
Having won a court order that required Highcross, the developer behind the Toronto Square office building at the centre of the dispute, requiring them to pull down the additional storeys, an appeal has been now been lodged.
The Toronto Square development, which was only completed in 2009 after a multi-million pound program of redevelopment that included the addition of the controversial extension, has already secured several tenants to the office space that looks set to be demolished.
ΓÇ£Developers need to realise that they cannot just ‘assume’ that rights of light claims can be ΓÇÿpaid offΓÇÖ prior to, or in the course of, a trialΓÇ¥ stated a member of the legal team representing Mr Heaney ΓÇô the owner of the building affected by the construction.
Having added 74,000 sq. ft. of grade A office space to the Leeds market, Highcross argued that not only would its demolition impact upon office supply within the city but that it would also be disruptive to those businesses already operating within the new office space. A consideration which it is argued should have been considered by the developer before pressing ahead.
The need for such office space within the city would appear to have foundation however, with research from DTZ suggesting that, unlike many other regional office markets, Leeds is expected to see a number of large, credible office requirements from the public sector.
Elsewhere in the city the demand for serviced office space has also seen an increase, with the number of businesses entering serviced offices increasing by 40% between June ΓÇô August 2010 compared to the same period of 2009 according to data from officebroker.com.
officebroker.com is the UKΓÇÖs largest broker of serviced office space and the only company to produce detailed quarterly research on the UKΓÇÖs serviced office market. To access our free database of industry research ΓÇô the Serviced Office Review Series ΓÇô simply visit our Stat & Facts page.