First speculative York Grade-A offices for over 10 years launched

The first Grade A speculative office development of its size in York for over 10 years has been launched as part of the Hudson Quarter development, located within the historic city walls.

The Palace Capital plc development opposite York railway station, includes 35,000 sq ft of high quality, air-conditioned office space.  This space is currently being marketed by leading commercial property agents Sanderson Weatherall and JLL.

Caddick Construction is the main contractor on the site where the offices will be completed towards the end of next year, followed by the apartments which will follow in early 2021.

It’s taking shape following the first six months of construction and the steel frame is now in place on this major site.

Set in four buildings, around a landscaped courtyard, three will be for new apartments and one will be offices.  The development will also include other commercial space, and a new route through from the Railway station to Toft Green.

Neil Sinclair, Chief Executive of Palace Capital plc commented: “Hudson Quarter is progressing very well and the different elements will ensure it is a mixed-use scheme of the highest quality.  The new office space is testament to the attractive nature of the site, and York in general, and is a huge sign of confidence in the City.”

Joint agents for the office element, Richard Thornton from JLL and Richard Dunn from Sanderson Weatherall, commented: “The York office market has not seen a speculative development like this for many years and it offers a unique opportunity to move into an iconic new development in the heart of the City, and opposite the station from where non-stop trains to and from London run with a 110-minute journey time.”

“Early interest in the offices has been very encouraging and we expect this to continue as the building progresses since the market has been starved of a high-quality office development for over 10 years.”

The office development will have excellent sustainable credentials including an expected BREEAM Excellent rating and EPC A rating as well as market leading digital connectivity and infrastructure.

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For more information, please contact Ben Pilgrim at Royal Pilgrim Communications on 0778 995 1781