The £80m transformation of Wellington Plaza will see the 1980s-built structure on Wellington Street demolished to make way for a new eight-storey, 80,000 sq ft Grade A office development, now branded as 31 Wellington Street. Reports Contract Journal
Prescient Capital, having acquired full ownership after buying out former joint venture partner Asset Capital, secured planning approval for the scheme last year.
Positioned directly opposite MEPC’s Wellington Place and just a short walk from Leeds station, the site is strategically located in the city’s core business district.
Enabling works are already underway, with demolition scheduled to begin in September. The project is expected to reach full completion by July 2027.
Designed to meet the highest ESG standards, the landmark office will target EPC A, BREEAM Outstanding, NABERS 5 Star, Fitwel 3 Star, and WiredScore Platinum ratings. Planned amenities include a rooftop sky lounge, on-site gym, changing facilities, and flexible co-working spaces.
Doug Friend, CEO of Prescient Capital, said: “Leeds has a significant shortage of prime workspace. This building will go a long way to address that gap – delivering best-in-class office space in a truly outstanding locatio
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