The project will go ahead after property investor Rockspring bought developer Hammerson’s stake in the speculative office project.
Rockspring will work in joint venture with Exton Estates to create two headquarter office buildings, totalling almost 60,000 sq ft, arranged over three and four floors.
With an estimated development cost of £17m, the partners aim to release the BREEAM Excellent offices to the occupational market in
Stuart Bedford, director of Exton Estates said: ‘’We are delighted to be moving this project forward having secured planning and vacant possession. It continues our excellent working relationship with Rockspring following the Velocity, Brooklands project’’