Legal & General and Landid top out in Sunderland
TWO new build office buildings that will change the face of Sunderland city center have ‘topped out’ with a traditional ceremony yesterday.
Maker and Faber, two new offices on Riverside Sunderland backed by Legal & General, will create 150,000 sq ft of Grade A space for professional services firms, as well as exciting retailers on the ground floor. With the steel frames now fully erected, the two new buildings are already making their mark on the city.
Legal & General chief executive, Sir Nigel Wilson, made his way to the top of Maker for a traditional topping out ceremony this morning, alongside Sir Andrew McAlpine, partner at Sir Robert McAlpine, the building and engineering company delivering the scheme; Landid MD James Silver; as well as the chief executive of Sunderland City Council, Patrick Melia.
Part of Riverside Sunderland – a mixed-use urban quarter that is extending the footprint of the city center – Maker and Faber are two key new additions to the city’s property portfolio, that will attract businesses offering thousands of new jobs when they open their doors in 2024. They are part of Legal & General’s £100m commitment to the Riverside Sunderland site, alongside a further £60 million to transform the Hillthorn Park area for new economic development, delivering important infrastructure and regeneration which responds to the needs of the local area, and enables long term job creation.
Sir Nigel Wilson said: “These are hugely significant developments that will not only change the face of Sunderland but will deliver a vital boost to the economy in a city that is fast becoming a poster child of urban regeneration.
“This is Inclusive Capitalism at its best. With an injection of long-term capital, towns and cities can be completely transformed, and have a direct positive social impact, creating