The £80m redevelopment will see the 1980s-built Wellington Plaza on Wellington Street flattened to make way for an eight-storey, 80,000 sq ft Grade A office block, now rebranded as 31 Wellington Street.
Prescient Capital, which now owns 100% of the project after buying out joint venture partner Asset Capital, secured planning last year.
The site sits opposite MEPC’s Wellington Place and is a short walk from Leeds station.
Site prep works are already underway with demolition starting in September and full completion expected by July 2027.
The landmark office will target top ESG credentials including EPC A, BREEAM Outstanding, NABERS 5 Star, Fitwell 3 Star and WiredScore Platinum. Amenities will include a rooftop sky lounge, gym, changing facilities, and co-working areas.
Doug Friend, CEO of Prescient Capital, said: “Leeds has a significant shortage of prime workspace. This building will go a long way to address that gap – delivering best-in-class office space in a truly outstanding location.”
The design team is led by DLA Architecture, with engineering by Roscoe, Thornley & Lumb, BB7, Ridge, and Hydrock. WiredScore compliance is being delivered by AH Connections.