Speke Garston Development Company - Offices Development - Liverpool, Estuary

Date: 10 Oct 2001

Speculative office development could be underway at Estuary, South Liverpool by the end of the year. Intercity JIS, on behalf of development partners Speke Garston Development Company and MEPC, have submitted a planning application to Liverpool City Council for a new office building, totalling 4,768 sq m (51,324 sq ft) on the 64 ha (158 acre) high quality business park.

Work on the 3-storey property could begin before Christmas, on land occupied by the original Liverpool airport at Speke Garston. This would be one of the only speculative office schemes to start in Merseyside all year.

Speke Garston Development Company chief executive Bob Lane said: "We are confident that occupier demand for a high quality product will ensure that this space will be signed up before completion. By taking a development lead we are demonstrating our commitment to the growth of one of the North West's most dynamic commercial area".

A number of occupiers, including Bank of Scotland, DHL, Powder Systems and Classic Couverture have taken pre-lets on the first phase of the park.

Simon Parker, managing director of Intercity Group, commented: "The opportunity to speculatively develop Grade A, flexible accommodation in a flagship business park environment, which is internationally accessible and very competitively priced, will help us to secure companies who are actively seeking quality space within a short timeframe."

The facilities for office occupiers, who already have easy access to Liverpool John Lennon airport, have been further enhanced by the adjacent 160-bed Marriott South Liverpool hotel, which opened recently at Estuary.

The business park has outline planning permission for up to 81,288 sq m (875,000 sq ft) of B1, B2 and B8 development in units from 2,000 sq m (21,000 sq ft) to over 35,000 sq m (370,000 sq ft).

King Sturge and Insignia Richard Ellis are letting agents for Estuary.

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