“Key office destination” set to bring hundreds of jobs to Middlesbrough

A new office development aiming to attract hundreds of jobs is taking shape in Teesside.

The developer behind Middlesbrough’s flagship Centre Square scheme Ashall Projects, has said that it has re-established the town as one of the North’s “key office destinations” after securing four major businesses for the development’s first two buildings.

The Centre Square development is set to provide high-specification space for 1500 workers and add an additional £66m every year to the local economy.

New bank GBB announced it was moving its headquarters into Two Centre Square, creating up to 120 jobs, while The XPS Pensions Group is set to bring its 90 staff to the development.

Mark Ashall of Ashall Projects commented: “It was an ambitious plan, but we had very clear objectives. We wanted to create a 21st century office hub at the very heart of the Tees Valley.

“This would attract employers providing those all-important knowledge intensive jobs for staff who would work in a really attractive workspace in a great location. These employers and their staff would also create additional demand for the local supply chain and wider local economy.”

Middlesbrough Mayor Andy Preston commented: “These are tough times, so to have these amazing buildings almost fully occupied is fantastic news for Middlesbrough.

“It’s a massive vote of confidence in Middlesbrough and the vision we have for the town as a thriving regional focal point for great working and living opportunities.

“None of this has happened by accident – it’s the culmination of a huge amount of ambition and hard work by councillors, officers and all our partners.

“And it’s just the start - Centre Square will play a key role in taking the town centre on to new levels that will benefit the whole community and the wider economy for years to come.”