Leeds Merrion House sees £70m revamp

'‹Property developer Town Centre Securities '‹said the refurbishment and extension works of its flagship Merrion House building in Leeds has been completed.'‹
REFURBISHED: Merrion House will be the main city office base for Leeds City Council. PIC: Richard Walker/www.imagenorth.netREFURBISHED: Merrion House will be the main city office base for Leeds City Council. PIC: Richard Walker/www.imagenorth.net
REFURBISHED: Merrion House will be the main city office base for Leeds City Council. PIC: Richard Walker/www.imagenorth.net

​The Merrion House milestone completes TCS’s £70m, ten-year development and improvement project for its largest single asset, the Merrion Centre, of which Merrion House forms a part.

The project has also been TCS’s largest development scheme and one of the largest ever pre-lets in Leeds.​

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The building is jointly owned by TCS and Leeds City Council under a unique long-term partnership and represents one of the biggest public and private sector partnerships agreed in recent years.

​With 170,000 sq ft of office space, Merrion House will be the main city centre office base for Leeds City Council, housing over 2,100 staff when ​it is ​fully occupied later this year.

Chairman and ​c​hief ​e​xecutive of TCS​ ​​Edward Ziff said:​ ​“The redevelopment of Merrion House and public-private partnership approach between Leeds City Council and Town Centre Securities has been hugely successful and we are proud to be assisting the ​c​ouncil as it evolves its services and delivers significant operational cost savings.

“Merrion House forms a key part of our multi-million-pound investment and regeneration of the Merrion Centre and the wider Arena Quarter.”

T​CS​ reported good progress in its financial half​ ​year ended December 31.