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Grade A speculative office scheme is launched in city

Richard Dunn / 14 Oct, 19

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.

The Palace Capital development opposite York Railway Station, includes 35,000 sq ft of high quality, air-conditioned office space. This space is being marketed by 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.

The scheme is taking shape following the first six months of construction and the steel frame is now in place.

Set in four buildings, around a landscaped courtyard, three will be for 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, said: “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, said: “The York office market has not seen a speculative development like this for many years.

“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.”

The office development will have excellent sustainable credentials including an expected BREEAM Excellent rating and EPC A rating, as well as high levels of digital connectivity and infrastructure.

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