Ashall Projects Signs Landmark Deal to bring Centre Square East Development Forward
Ashall Projects has signed an agreement with Middlesbrough Council to bring forward an exciting new development in the heart of the town.
The property developer is planning to transform land around Centre Square East by delivering high quality Grade A office space, new public spaces, new landscaping and leisure space.
Up to 1,500 jobs could be created if plans are given the go-ahead.
Mark Ashall, Director of Ashall Projects, said he was pleased to have signed the agreement with Middlesbrough Council.
He said: “We’re extremely excited to have been given the opportunity to transform the business offering within the town centre.
“Our proposals set out a new commercial space situated amongst an array of amenity. We’re seeking to add to and enhance the quality environment that already exists and an important part of that is to maintain and invest in the existing public realm and green space.
“Middlesbrough currently offers very limited high quality office space. Indeed, many of the older vacant office buildings in the town are completely obsolete and have consistently failed to attract the larger office occupiers that have taken space in places like Newcastle. There is an increasing trend for major employers to leave out of town locations and return to town centres to be close to public transport and retail and leisure amenity.”
Mark also said he wants to create a centre for business activity capable of being the best office accommodation between Leeds to the south and Newcastle to the north, driving genuine opportunity for the local economy.
He added: “We are currently working on a planning application which will be submitted in the coming months following a public consultation and would like to see the first staff come to work in the new offices in around two years’ time.”
Cheshire-based Ashall Projects has previously worked on the redevelopment of Centre Square, converting part of the Cleveland Centre into the highly successful Holiday Inn Express hotel.
The company has experience developing major office schemes, including the Cobalt Business Park in North Tyneside, which boasts circa 2m sq ft of office space with major occupiers there including Orange, Proctor and Gamble, Hewlett Packard, General Electric, Santander and Northumbria NHS.