Prupim and Knight Property Group to complete first phase of Cityview Business Park
Prupim and Knight Property Group are on track to complete the first phase of development at the five acre Cityview Business Park site on Wellington Road in Aberdeen.
Upon completion of later phases the site will have the capacity to house up to five office pavilions totalling approximately 100,000 sq ft.
Developments began on pavilions one and two, two three-storey properties with 130 parking spaces, in October 2012 and comprise 14,007 sq ft and 19,217 sq ft respectively. The properties will be ready for completion in May 2013.
Prupim and Knight Property Group have also submitted a planning application for a third pavilion in the business park totalling 32,500 sq ft of office space over three floors with completion anticipated by Q4 2013.
Sarah Lulham, director, asset management, Prupim, says: “Work is progressing well on pavilions one and two, and given the continued strength of the Aberdeen market we are moving forward with pavilion three.”
Howard Crawshaw, director at Knight Property Group, says: “We continue to witness a strong demand for commercial property in Aberdeen City and with developments such as Cityview we aim to offer high quality office space to existing, new and expanding businesses based in Aberdeen.”
- How to set up a hedge fund