TWO FRIARGATE, Coventry’s premier Grade A sustainable office building, has generated over £5m of social and economic value during construction. The new figures have been released as the development reaches its final stages.
The figures show that £9.3m was spent within the local area, working with 32 companies based across Coventry and Warwickshire, creating 450 jobs, and supporting 48 apprentices.
The team also worked closely with Coventry University to deliver 8 weeks of work experience for students to learn more about construction in the UK.
TWO FRIARGATE, which is nearing completion, is also set to be Coventry’s most sustainable office building. Around 106 tonnes of carbon have already been saved by using more sustainable methods of construction.
Located adjacent to Coventry Railway Station, TWO FRIARGATE is expected to achieve several accolades including a BREEAM Excellent rating. This will put it amongst the top 10% of new non-domestic buildings for sustainability.
It has already received a WiredScore Platinum rating, making it one of the best connected in the market.
Cllr Jim O’Boyle, Cabinet Member for Jobs, Regeneration, and Climate Change at Coventry City Council, said:
“Once complete, TWO FRIARGATE will help drive Coventry’s economy forward and create new jobs. The figures released today show the significant impact the city has already enjoyed from the development, but there will also be more to come.
“The project has created hundreds of new jobs and training opportunities, supported local businesses, and has already lived up to its reputation as Coventry’s most sustainable office building. We look forward to rapidly moving towards completion and unlocking the significant long-term benefits TWO FRIARGATE will deliver.”
As one of the largest new office buildings currently under construction in the UK, TWO FRIARGATE will be a beacon of sustainability. With its excellent public transport links and geared for efficient energy usage with low carbon, low cost heating, this premier office building will help occupiers achieve their ESG objectives.
To find out more about TWO FRIARGATE’s new Coventry offices, contact Cushman & Wakefield – Scott Rutherford on 07824 436439 or email scott.rutherford@cushwake.com, or David Rigby on 07730 735889 or email david.rigby@cushwake.com.
