MEPC have acted as Asset Managers and Developments Managers for Wellington Place since 2006. At the time the site was the Aireside Retail Park and was occupied by obsolete low-rise retail units . MEPC secured an outline planning consent for a mixed use development of 2.6m sq. ft. in 2008 but the start of the project was then delayed by the Great Financial Crisis.
MEPC made a decision during the downturn to re-purpose the dormant development plots at Wellington Place into functional green spaces, providing facilities for the Wellington Place business community such as a 5 a-side football pitch, urban gardens and bee-hives. MEPC’s refusal to allow Wellington Place to become just another abandoned building site created enormous goodwill across the city. As a result MEPC became widely regarded as one of the most socially responsible developers in the city and our approach to managing the site was a significant factor in the subsequent success of the project.
In 2013 a pre-let for the first building in the masterplan was secured and the development programme commenced. In seven years MEPC have built and secured lettings for over 800,000 sq. ft. of offices and retail. In 2017 MEPC secured the largest ever letting outside of London with the pre-let of 377,000 sq. ft. in 7 & 8 Wellington Place.
When we relocated to 5 Wellington Place we utilised MEPC to deliver a turnkey solution. The project was delivered within 6 months to an extremely high standard and feedback from staff has been excellent. The snags following construction were minor in nature and dealt with effectively. Furthermore they also provided links with the local authority to help us with our green travel plans and also have created a community feel within the development. This started with a welcome session for staff and continues through a variety of initiatives including street food events and a choir.Programme Manager -
From construction to occupation, a member of the MEPC development team will be dedicated to your project from start to finish, ensuring that your new home for business meets all the original design requirements. We can even project manage your exacting fit-out requirements to minimise the impact of the move on your day-to-day business.
Comprised of 1.9 million sq ft of commercial, retail, leisure and residential accommodation, the Masterplan for Wellington Place is set to enhance urban life in the city. When complete the 22 acre scheme will comprise of: -
• A vibrant community with around 16,000 people living and working at Wellington Place
• Over 1.9 million sq ft of space
• Mixed-use buildings including offices, residential, retail and leisure
• A central square focused around the listed Railway Lifting Tower dating back to the 1850s
• Wide pedestrianised boulevards and avenues throughout the scheme