RSM will move into the new Capital Square development complex in Leeds, hiring a floor of the building. As the firm continues to expand in the region, the new office space provides a range of benefits, including a high sustainability standard as well as room for it to continue to grow.
The city of Leeds is growing at a rate of around 2.3% a year, and is one of the core cities of what has been dubbed the ‘northern powerhouse’. As the city and region continues to see modest growth, large international companies are seeking to create regional headquarters in the city. To accommodate the bigger players – which include PwC and KPMG – a number of office space developments have begun in the city. Two of the major developments in Leeds are One Sovereign Square and Central Square.
The Central Square development involves two office buildings: one with 11 floors and the other with 8 floors, that are linked by a large, sloped facade creating an atrium and winter garden. The total floor space of the new development is set to cover 280,000 square feet. The £200 million dollar project is set to be completed by 2017. The complex offers a range of amenities, including leisure and retail space, and sky garden for the sole use of the office tenants.
It was recently announced that RSM will be moving into the new Central Square development in 2017. The move will see the firm relocate its around 300 employees, currently working in its Whitehall Quay and Wellington Street offices. The firm will take over the entire fifth floor of one of the development’s buildings, taking in more than 25,000 square foot. The move is motivated by the sustainability of the new location, which is grade-A, as well as its rapidly expanding workforce in the area – which has included four partner hires in the past 12 months as well as five internal promotions.
Kevin O’Connor, RSM’s regional managing partner for Yorkshire and the North East says: “This is a key milestone for RSM as it marks the next stage of strategic growth for us in the City. The new space will not only transform how we engage with clients and our community, but it will deliver a flexible working environment for our people that will encourage further interaction and collaboration. Yorkshire is a really important market for RSM and this investment shows our commitment to the region.”
PwC is noted as the flagship tenant for the Central Square development, and will move into a 55,000 square foot section to house 700 of its staff.