The Department for Work and Pensions (DWP) has agreed a deal to pre-let the 173,245 sq ft 1 Pilgrim Place office building in Newcastle.
A DWP service and support centre will operate from the Ryder Architecture-designed nine-storey building when it opens in 2027.
The adjacent 90,000 sq ft Pilgrim Place 2 office building is being built speculatively by developer Reuben Brothers (Newcastle). The scheme will also incorporate a plaza, public realm improvements and car parking. Bowmer and Kirkland is the main contractor.
Tony Wordsworth, director at Avison Young, which acted for Reuben Brothers (Newcastle) on the letting, said: “This major letting represents a tremendous vote of confidence in the strength of the Newcastle city centre office marketplace. The earlier speculative construction of Bank House brought forward high-quality Grade A office accommodation, which is now 75% let to a wide selection of professional and corporate occupiers. The developer, ourselves and joint agent, Knight Frank are keen to secure occupiers for the Pilgrim Place 2 building, which will complete the Pilgrim Place element of the comprehensive regeneration scheme.”
Chris Turnbull, principal at Avison Young, who is project managing the development, added: “There are already good signs of progress on site with the two tower cranes supplying the emerging cores of both buildings which, when complete in 2027, will procure the comprehensive development of Pilgrim Place, the southern block of the Pilgrim Street Regeneration Area.”
