Approval granted for 130,000 sq ft mixed-use scheme at Hudson House site in York

Palace Capital, the property investment firm, has secured approval for the redevelopment of Hudson House in York.

The planning application for the two-acre Toft Green site was granted, subject to conditions, by City of York Council on Thursday evening (17th August).

Hudson House, which is within the City Walls, is a 1960s office building with a lettable floor area of 103,000 sq ft.

Following extensive consultations, Palace Capital submitted a new planning application in March of this year to demolish the existing property and erect four new buildings comprising a total net area of 132,893 sq ft.

Under the plans, three of the buildings will have a total of 127 apartments and 5,000 sq ft of commercial/restaurant space, whilst the other will comprise 34,000 sq ft net of Grade A offices.

Neil Sinclair, chief executive of Palace Capital, commented: “Hudson House was part of the Sequel Portfolio which we acquired from Quintain in 2013 and where we already have two other planning approvals.

“We are very excited about the prospects for this site and now we have consent we will be focusing on how best to maximise shareholder value whilst limiting the risk to our Company.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →