Addington Capital and its investor partner ICG have commenced construction works on the final phase of the Headingley Park residential project in England, UK.

Stockdale House, the fifth and largest building at the site, will receive an additional 70 new rental flats as part of this final phase.

The addition of these flats to Stockdale House will mean the site will encompass a total of 222 units.

Headingley Park is based on an office-to-residential conversion concept, which has already transformed four office buildings into 152 housing units.

Stockdale House is being converted under Leeds’ permitted development (PD) approval, and the new flats will be delivered on the ground and five upper floors.

The plan is set to achieve current space requirements and is scheduled to be finished in the third quarter (Q3) of 2024.

Addington principal Martin Roberts said: “The 70 high-quality apartments will have spectacular views across the city and meet the growing need of today’s renters in Leeds.

“The Stockdale House development completes the conversion of Headingley Park from an in-town office park to a 100% residential development. We believe that this is an exemplar for permitted development conversion of offices to residential and a roadmap for future schemes.

“Given the falling demand for offices and the increased costs of making those properties energy efficient, we believe a relaxation of the size limit of new PD conversion, (currently up to 1,500m²), would be a fast way to increase the supply of much-needed residential [properties] from brownfield sites, with a low embedded carbon solution.”