Housing developer relocates to Broadland Business Park
National housing developer Lovell is relocating to Broadland Business Park in Norwich from its existing premises on nearby Thorpe Road.
The company has agreed a 10-year lease on both suites on the second floor of the Lakeside 500 building, comprising 8460 sq ft. It is set to take occupation by the end of October.
Established in Norwich for more than 15 years, Lovell is scaling up following the continued expansion of its East Anglia business. Its workforce in the region has grown from 79 to 114 in the past year, with more than half of employees office-based.
Lovell, which has 900 employees nationwide, specialises in residential construction and partnership housing. Current schemes in East Anglia include fast-selling Firs Park, a £13.5 million development of 57 homes for sale and 10 affordable homes in Hellesdon, Norwich.
Among other major projects is £19.9m Orchard Place, developed in partnership with the Borough Council of King’s Lynn and West Norfolk, and the recently launched 213-home, £58.6m Heath Farm scheme in Holt.
Simon Medler, regional managing director for Lovell, said: “This is a very exciting time for Lovell in East Anglia where we are working on some of the region’s most high-profile housing projects.
“Our move to these impressive premises at Broadland Business Park will play an important role in the business’s continuing growth – providing our teams with increased space, modern office accommodation and a fantastic working environment.”
Tenants on the Park include Aviva, Lovewell Blake, NHS Norfolk, Bertram Books, Start-rite Shoes, RBS, Persimmon Homes, TaxAssist Accountants, Bunn Fertiliser, VPS Evander and D & F McCarthy.
Lovell is part of Morgan Sindall Group plc, a leading UK construction and regeneration group with revenue of c£2.6 billion and which operates through six divisions.
• PHOTOGRAPH SHOWS: The Lakeside 500 building on Broadland Business Park