The plan for shifting the Craven District Council to its new location at Belle Vue Mills has been postponed by a year. It is worth noting that the work on this multi-million project was stalled last year because of recession. However, Rushbond developers took over this office development project at Broughton Road and the project is currently on its way to completion.

This shared office space will become the new home for the Craven District Council and the North Yorkshire County Council for a period of 999 years according to the lease agreement. The final contracts will be signed soon and work will start in June.

According to Paul Shevlin, the Chief executive of Craven District Council, the lease terms were quite favourable to the Council, which was why it is finally close to shifting. Shevlin added that once the Council fulfils all the conditions, it would have access to a lot of civic space, better office areas and better access to people. He also pointed that the shift allows the district to engage with the county council conveniently without incurring unnecessary expenses.

North Yorkshire’s executive member for corporate services, Council Carl Les, said that the shift will be a step ahead in the creation of a better local government and will enable the people of Craven to have a better access to both the councils since the councils will be working together and in proximity.

The Belle Vue Mills office space plans were approved in March itself.

The deal is being called one of the largest in terms of the sheer size of occupancy. A total of 55,000 square feet of space will be occupied by Yorkshire Water after the move is complete. About 500 employees and contract workers will be move to the new shared office premises by early 2010.

These employees are part of the company’s new Asset delivery group. Bringing all its employees under one roof is expected to give the company some major synergistic advantages as working relationships are expected to improve with the proximity. With this move, Yorkshire Water also hopes to be able to concentrate on new investments in near future with emphasis being on improvement projects. The water regulator, Ofwat has promised backing of up to £2b to improvement projects which will bring better services to customers. Focus will be on schemes which will improve water quality and reduce flooding and water logging problems.

Company sources are calling this move a gesture demonstrating commitment to the Leeds business area which the company primarily services. The relocation is also fortunate for Leeds real estate markets as hopes are beginning to rise here following the huge deal.

The company will now have office space on both the first as well as the second floors of the Castle House on Castle Street. This is in addition to the entire floors that the company occupies in both Sarum House and Rowanmoor House in the same city. This new shared office space is expected to be allotted to the departments of Marketing, Finance and Sales Support in the company. Apart from the above addresses, Rowanmoor also has regional consultancy offices in Bolton, Burgess Hill, London and Salisbury, as well as a regional administrative center located in Bolton.

This amazing growth story is essentially fuelled by the success of Rowanmoor’s SIPP in May. The company had in fact announced in July that the funds being managed by it had in fact grown to nearly double because of the new product, taking money managed to £133 million from a previous level of £73 million.

According to Rowanmoor’s current managing director, Ian Hammond, the company has seen a significant yet steady growth from the time of inception in September 2006. In order to accommodate its growing needs for staff and future business projects, the new office space had been taken up.

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The structure, which was completed by Rumford Investments, has a tower for commercial lettings and one for residential lettings.

Part of the reason for the slow incline in lettings may be due to the fact that despite its many architectural awards, the angular design is not complementary to everyone’s tastes.

However, the 150,000 square foot of office space has recently attracted quite a bit of attention from professional firms and financial services looking for office space within the Liverpool commercial district, such as Barclay’s Wealth, Barclay’s Bank, Ernst & Young, Bank of Ireland, and many more. For info on offices to let and desk space rental take a look at the dedicated site deskspacegenie.

The Chapel Street high rise has recently acquired new tenant Jackson LLP who let 3,165 square feet of office space on the second floor of the building with more lettings in the contractual stages according to the commercial marketing consultant of the development Alastair Newman.

Newman states recently that the investment group has possible contract negotiations in process for a little over 25,000 sq ft and that the company is not worried about the unspoken for 85,600 square feet of office space as they have received a strong amount of interest in the area.