Wednesday, August 10, 2022

Transformation on the cards for landmark Leeds office building

A planning application has been submitted to rejuvenate a landmark office building in Leeds City Centre, to give it a sustainable future.

Palace Capital plc has put forward plans to transform Bank House on King Street, upgrading the existing office space and adding a complementary three storey extension to the top of the iconic building.

Once completed, over 110,000 sq ft (net) of carbon neutral office space will be created. The formation of a new eight storey atrium is central to the proposals and is intended to be a dramatic circulation space at the building’s heart.

The existing building is let on short term leases, but the building will not meet new and emerging Government sustainable regulations in the future if no changes are made. The proposals will transform the building into an exemplar development and is set to attain sustainable standards beyond Leeds City Council policy requirements and achieve BREEAM Outstanding and EPC A ratings. Reaching this EPC A Rating would put the revamped Bank House in the top 3 per cent of commercial buildings in the UK.

The embodied carbon assessments, submitted as part of the planning application, shows a 7,884-tonne operational saving over a 25-year period and an overall saving of 1,690 tonnes, when embodied carbon from the proposed works is taken into consideration.

Bank House was purpose built for the Bank of England between 1969-1971 and was given Grade II listed status in 2015.

Architect Fuse Studios has redesigned the building to create a more active street frontage and a rooftop extension which complements the existing building’s striking façades. There has been constructive pre-application consultation with Leeds City Council and Historic England.

Richard Starr, executive property director of Palace Capital plc, said: “We are very excited to be able to transform this iconic building and make it fit for the future, whilst retaining and safeguarding the key elements that make it a Leeds City Centre landmark.

“Our objective is to create Grade A office space and continue the ongoing renaissance of the City Centre by targeting a range of occupiers that demand the highest standards in sustainability and working environment.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close