The final part of the £130m Heart of the City project, and the first speculative office building in Sheffield to be developed since the recession, has been completed.
The 10-storey, Grade ‘A’ office 3 St Paul’s Place, at the corner of Norfolk Street and Charles Street, is ready for occupation and signals a “revival of confidence” in Sheffield city centre, developers say.
The Heart of the City project was conceived in 1994 and led to the demolition of the ‘egg box’ extension to the town hall.
Today it includes the 161-bed St Paul’s Mercure four-star hotel, No1 and No2 office blocks occupied by DLA Piper, Barclays, RBS, accountants PwC, Coutts and BiS, a 330-apartment tower block, the Cheesegrater car park a Genting casino and restaurants and cafes including Cafe Rouge, Caffe Nero, Pizza Express, Piccolino and Bill’s Restaurant.
David Topham, director of developer CTP, said: “The building marks the revival of confidence in Sheffield city centre.
“It is a proud moment for all the team and I am delighted to report that there is now huge interest in the building. It is the most modern – and the greenest – in Sheffield and the final important piece in the jigsaw of the Heart of the City initiative, which has transformed the city centre into one of the finest in the North of England.”
Coun Leigh Bramall, deputy leader of Sheffield City Council, said: “This superb development is a classic example of the public and private sectors working together for the common good.
“We have enjoyed an excellent partnership with David Topham and CTP and it is immensely satisfying to see 3 St Paul’s Place, which began in the worst recession since the Second World War, now taking its place in the city skyscape.”
Arup, the global engineering consultancy, is the first tenant.
Arup’s Jim Bell said: “By getting in early, we have secured the top floors with spectacular views across the city, and been able to negotiate exclusive additions including extra energy-efficiency measures and a roof terrace, so the deal represents exceptional value.”