Green light for new £45m tax office in Portsmouth

Grant Prior 7 months ago
Share

Plans have been approved for a new office hub in Portsmouth which will be occupied by HM Revenue and Customs (HMRC).

Welbeck CP and Development Manager Coplan Estates are now looking for a main contractor and demolition specialist with work scheduled to start next Spring on the £45m scheme.

The No.1 The Goodsyard project will transform the former Matalan car park on Station Street into 8,000 sq m of office space over four storeys.

HMRC is contracted to take the building and will locate approximately 1,250 HMRC and Marine Management Organisation (MMO) employees there.

Edward Flach, Managing Director at Welbeck CP, said: “It’s great to get the go ahead because this scheme represents a real opportunity to improve an area of the city which is currently underused and underappreciated, to put jobs directly into the city centre, and to maximise the site’s relationship with the station.

“Our plans were developed over three years of consultation and dialogue and they align with the council’s vision for the city centre.  With approval from the council now in place, we want to move forward as quickly as we can and, subject to completing the S106, will be looking to start on site in Q2 2025.”

HMRC is expected to move from its current office at Lynx House to No.1 The Goodsyard in late 2027.

The former Matalan site is anticipated to come forward in two phases – this No.1 The Goodsyard office for HMRC on the car park site is phase 1.  Phase 2 will see the redevelopment of the eastern portion of the site, including the former Matalan store unit.

Latest news

Winners named for £2.6bn NHS SBS Modular 3 framework

Twenty-seven secure spots on health, education and resi framework
2 days ago

Leeds kicks off homes vision for Elland Road regeneration

Council plans to deliver 2,000 homes around United’s revamped stadium
2 days ago

Britcon targets £70m turnover after string of framework wins

Major AMP8 win and regional expansion fuel contractor’s biggest growth push yet
2 days ago

Go-ahead for 37-storey tower at Leeds Merrion Centre

Town Centre Securities to deliver over 1,000 student rooms
2 days ago

Taylor Wimpey fined £800k after apprentice falls down stairwell

Teenage brickie injured after falling with pile of concrete blocks
3 days ago

Green light for life sciences buildings in campus expansion

Construction to start this year on Wellcome Genome Campus in South Cambridgeshire
2 days ago

Morgan Sindall scores £63m twin wins on flagship leisure projects

£36m Southampton and £27m Bishop Auckland jobs get underway
2 days ago

Hill and L&G partner on £450m Coventry city centre revamp

Partners to deliver opening phase of 991-home City Centre South scheme
3 days ago

Graham snaps up sector veteran to lead office fit-outs

Peter Allan most recently held director roles at ISG and Overbury
2 days ago

Construction growth of 0.9% bucks wider shrinking economy

Construction output climbs for third straight month
3 days ago

Crest Nicholson returns to profit

House builder back in the black after huge fire safety provisions last year
3 days ago

JN Bentley profit surges as revenue tops £500m

Surging water work and plant investment underpin £19m profit
3 days ago

Willmott Dixon bags £49m East London business school job

Builder secures second job in a year for Queen Mary University
3 days ago

Another extension for competition probe into house builders

Spotlight will stay on seven housing giants for another few months
4 days ago

Strike ballot for 1,500 Sellafield construction workers

36 contractors working on nuclear clean-up could be hit
3 days ago

WSP to buy Ricardo

Consulting giant to add another 2,700 staff
4 days ago

Infrastructure and major projects boost profits at Vp

Specialist construction, water and transmission sectors are star performers
4 days ago

TClarke jumps to top of M&E firms rankings

Growth in data centres and commercial refits creates optimism for year ahead
4 days ago

JRL plans Sutton 12-storey office to co-living revamp

St Nicholas House to be stripped back and reworked into high-rise homes
4 days ago

Plan to double affordable homes spend at centre of spending review

£39bn will be injected into social housing over 10-years
4 days ago

Lindum lands £44m automation centre contract

Construction to start this summer on Sutton-in-Ashfield site
4 days ago

Esh seals £160m sewer repairs deal with Northumbrian Water

Eight-year deal caps 25-year partnership with Northumbrian
5 days ago

Rolls-Royce wins race to build UK’s first small modular reactor

BAM Nuttall, Laing O’Rourke and Atkins are supporting Rolls-Royce-led consortium
5 days ago

Plans in for £100m Digbeth regeneration scheme

Developer Hartwell plans mixed-use project at former ironworks site
5 days ago

Founder retakes the reins in Reds10 leadership shake-up

Chief exec steps aside as founder returns to steer growth push
5 days ago

Sizewell C powers up as Government commits £14bn funding

Around 70% of contracts for 3,500 British suppliers as construction to gear up
5 days ago

Plans in for 3,000-capacity TraffordCity ice arena

Second ice rink for Trafford as Peel pushes leisure-led regeneration
5 days ago

Walker Modular wins pods deal at £90m Greystar site

Latest package win with McAleer & Rushe on Birmingham student tower
5 days ago

Pre-pack deal rescues online building materials firm

Lords acquires £71m-turnover CMO from administrators for £1.8m
6 days ago

Russell WBHO lands £25m Oldham industrial deal

Next phase of scheme will deliver 13 distribution and manufacturing units
5 days ago

Contractor services