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LEEDS, February 19, 2016 - Munroe K and Orion Capital Managers, joint owners of White Rose Office Park in Leeds, have announced the arrival, later this year, of an innovative educational establishment.
Elliott Hudson College, advised by JLL, has agreed to take 70,000 sq ft of space at White Rose Office Park formerly occupied by HSBC, before it relocated to its new purpose-built offices within the Park. The sixth form college, part of the nationally renowned The GORSE Academies Trust, will be making a phased move in to the building which is expected to open by the start of the new academic year in September.
David Aspin, chief executive of Munroe K, said: "Elliott Hudson College is one of the new breed of free schools established by The GORSE Academies Trust and we are delighted to be able to provide them with the space they need to grow and achieve their ambitions of integrating education and the workplace."
He added: "This is an exciting development for us, putting an innovative educational establishment alongside large private sector employers such as HSBC, Capita, SKF, Telefonica, WSP Parsons Brinckerhoff Global and Her Majesty's Government.
"The re-use, rather than demolition of the building previously occupied by HSBC, completely satisfies both myself and Orion Capital Managers in providing a sustainable and innovative answer to a vacant property.
Sir John Townsley, the Trust's executive principal, said: "We selected White Rose Office Park for the Elliott Hudson College because of our shared aspiration to change the deal for some of the poorest and some of the most aspirational young people in our city."
He added: "We are really excited to be working in partnership with the owners of White Rose Office Park and particularly welcome their passion for education as the key driver of social mobility. "We are also really indebted to them for supporting the development of business partnerships with neighbouring organisations, which will form a deep rooted part of our character for many years to come."
Henry Burton, from JLL's Leeds office, who advised the Trust, concluded: "This acquisition is a sign of the Education Funding Agency's continued commitment to improve the standards of education across England. Elliot Hudson College is the latest in a portfolio of Ofsted outstanding schools run by The GORSE Academies Trust and will have a full capacity of 1,000 students who will choose to attend because of its reputation."
The Gorse Academies Trust is a not-for-profit charity whose aim is to create exceptional schools to serve areas of Leeds and the Leeds City Region that suffer deprivation and to carry those students on towards attaining places at first class Universities in the United Kingdom.
JLL acted on behalf of the Trust in the transaction and Munroe K transacted directly with Trust and JLL.
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