Investment platform Interactive Investor (ii) has chosen Leeds’ new 24-acre mixed-use district, Aire Park, as its base in the city.
The business, which has more than £70m of assets under administration, will take over the entire 4th floor of 3 South Brook Street, one of Aire Park's first buildings. It means ii will occupy a 23,261 sqft floorspace with meeting rooms, collaboration spaces and workspace for its 300-strong Leeds-based team.
The newly established South Brook Street has already attracted retirement solutions provider TPT and law firm Devonshires. Developer Vastint º£½ÇÊÓÆµ’s says it not only wants to create best in class space for occupiers but also develop opportunities for occupiers to become part of a blossoming mixed-use community, centred around the º£½ÇÊÓÆµ’s largest new city centre green park.
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Michael Cronin, head of portfolio at Vastint º£½ÇÊÓÆµ, said: "We’re thrilled to bring Interactive Investor to Aire Park to join our growing community of innovative and award-winning tenants. We are delivering an ambitious and thriving commercial hub at South Brook Street, which will sit alongside and support the wider mixed-use offer in this once in a generation project.
"Once complete, Aire Park will feature over 800,000 sqft of Grade-A offices, creating space for over 10,000 workers and it is fantastic to be able to welcome occupiers, such as interactive investor, who share our vision for the opportunity being created at Aire Park."
Christopher Crooks, chief technology officer at interactive investor, added: "We are delighted to be moving our Leeds operations to Aire Park where we will be able to give our staff a superb working environment with the best-in-class facilities on offer. We are particularly pleased to be moving to a brownfield redevelopment site and one with such history as the Tetley’s brewery. The move will give us the additional space we need as our business grows and demonstrates ii’s long term commitment to the city of Leeds.”
Savills and Colliers worked jointly on this deal on behalf of Vastint º£½ÇÊÓÆµ, with JLL acting for interactive investor.