AXA to move 450 staff to Middlesbrough
Contracts have been signed to deliver the next stage of the multi-million pound regeneration of Middlesbrough as a regional centre for business.
Developer Ashall Projects will build a four-storey 40,000 sq ft Grade A office building on a vacant site near Melrose Street. It has been confirmed that insurance company AXA UK will move more than 450 staff there from its operations in the Tees Valley.
The new building – Six Centre Square – is being funded and bought by the Tees Valley Mayor and Combined Authority. Middlesbrough Council is also contributing a £2m grant to the project from of its Towns Fund allocation which was provided by the government as part of the levelling up programme.
Anna Fleming, chief operating officer at AXA UK Retail Insurance, said: “We’re delighted to confirm our move to this great new building in the middle of Middlesbrough town centre.
“Relocating to Six Centre Square means we can provide a better working environment for staff by offering greater flexibility and a range of wellbeing solutions in a building which will lead the way in energy efficiency and sustainability.
“We’re proud to continue showing our support and commitment to Middlesbrough and its ongoing regeneration.”
Tees Valley Mayor Ben Houchen said: “I’m delighted AXA have confirmed they will be moving into Six Centre Square when it is complete, the move will mean they grow further and create more well-paid jobs for local people.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular North East morning email for free.