Market Leads & Opportunities

Housebuilder secures new Thorpe Park HQ

Source: https://www.insidermedia.com/

Housebuilder Duchy Homes has agreed a deal for new headquarters at Thorpe Park Leeds to support its expansion plans.After occupying temporary premises at Thorpe Park Leeds since last July the company has now agreed lease terms with Scarborough International Properties and Legal & General Capital for a 3,864 sq ft headquarters office in building 3125 on the Park.Expansion across the North East, North West and West Midlands has enabled Duchy Homes to increase its initial output of 25 homes per year with a target to achieve over 400 per year within a five-year plan. It currently employs 55 people.Thorpe Park Leeds is already home to more than 60 blue chip businesses employing around 4,500 people.Phase two of the development is now well underway with a £162m investment to provide 1.35 million sq ft of mixed use accommodation. The new 350,000 sq ft retail and leisure scheme is due for completion this autumn with occupiers including Next, M&S Simply Food, Boots, Odeon and Pure Gym.