An 11-storey office building is being constructed on a former Royal Mail site between Whitehall Road and Wellington Street in the city.
The joint developer is Roydhouse Properties and Marrico. Completion of the development is scheduled for early 2016.
Designed by DLA Design, the 220,000 sq ft mixed-use scheme will comprise 25,000 sq ft floor plates of flexible Grade A office space, retail and leisure provision and 128 car parking spaces.
Wates director David Price said: “We have worked closely with Marrico LLP and project architects, DLA Design, to ensure that we make a prompt start in delivering Central Square. The presence of tower cranes across Leeds is fast becoming a symbol of resurgence in the city’s development and Wates is very proud to be the main contractor in a scheme that is sure to be central to this growth.”
Marrico was formed in late 2013 by Mark Barnes, Colin Fell and Richard Bland. Central Square is their first development in this new venture with Steve Parkin and Gurnaik Chima. They have several other schemes in the pipeline and are looking for further development and investment opportunities, they said.