Location: Cambridge
Size: 260,000 sq ft set in 42 acres
Type: Office, Lab, Crèche, Care Home, Café, Residential
Partner: Nuveen
Description
A leading business park comprising 260,000 sq ft set in 42 acres of multi let offices, including a crèche, a café, a pilates studio, a social club, a 72 bed care home and 10 residential units.
Business Plan Objectives
- Masterplanning and rebranding of established office park.
- Next phase to create a central hub in Victoria House to include 80,000 sq ft of incubator space, serviced offices, labs and café facility.
- Increased rental tone by 45%.
- Regeared numerous tenants and ongoing rolling refurbishment.
- Obtained planning and constructed CPC2, a spec office building totalling 40,000 sq ft.
- Obtained planning for 72 bed care home and sold to Hamberley.
- Obtained planning and built 10 residential units.
- Amenities added – construction of a café, a pilates studio, a nursery and a social club.
- Installation of new solar energy system to power landlord and tenant consumption in a bid to reduce the carbon footprint Installation of new solar energy system to power landlord consumption.