The move reflects Wates’ ongoing growth in the region and underpins its future ambition as it seeks to reinforce the company’s presence in the wider Midlands. The new base will maximise connectivity between the East Midlands and the business’ West Midlands base in Quinton, Birmingham and will ensure optimum delivery for construction projects in the region. These include the transformation of Derby Market Hall and the creation of the brand new City Hub building for Nottingham College plus a significant pipeline of forthcoming projects which will be run from this office.
Easily accessed off the M1, the new Leicestershire office offers 6,000 sq ft of state-of-the-art ground floor office space with additional meeting room capacity and car parking.
The contractor has signed a 10-year lease on the new office and now joins fellow tenants PwC and HSBC at the business park. The space was let by Lambert Smith Hampton.
John Carlin, Managing Director of Wates Construction Midlands, commented:
“The construction industry in both the East and West Midlands is extremely buoyant and I am genuinely excited about our prospects as we capitalise upon the emerging opportunities. It is with a real sense of pride that we move to significantly larger and modern premises at Pegasus Business Park which represents an investment in our people and primes us for further growth as we look to expand our portfolio of projects across the region while strengthening our reputation as a regional market leader.”