Avison Young practices what it preaches by backing Stoke-on-Trent regeneration project

Global property advisor, Avison Young, has put its weight behind Capital&Centric’s Goods Yard in Stoke-on-Trent, taking the entire Pavilion building and relocating its East Midlands team.

The news comes after Stoke-on-Trent was named by the Sunday Times as one of the best places to invest in the UK earlier this year.

Both organisations champion the role of urban regeneration and placemaking in improving people’s lives and creating economic growth. Social impact developer, Capital&Centric spends £3m a week on regeneration in towns and cities across the UK, with Goods Yard already creating hundreds of jobs and boosting the local economy by £63m.

Avison Young will bring further jobs, training and investment into the new neighbourhood when it relocates in the spring.

It’s not the first time that the two organisations have teamed up, with Avison Young joining forces with Capital&Centric’s Regeneration Brainery, an immersive national programme that aims to get young people from diverse backgrounds fired up about a career in the industry.

Tom Wilmot, joint managing director at Capital&Centric, said: “There’s a massive buzz about Stoke-on-Trent, with Goods Yard right at the heart of this renaissance. It’s a real vote of confidence from Avison Young in not just the Goods Yard neighbourhood but also the city. What better way to support regeneration than putting your money where your mouth is and calling the place home. Our vision for Goods Yard has always been to create a collaborative mixing pot for like-minded businesses and we’ll be announcing more soon.”

Nick Walkley, principal and UK president of Avison Young UK, said: “Our presence in Stoke has been long-standing, and moving to this outstanding space underlines our commitment to the city and the UK regions. This new office is going to be a vastly improved environment for our Avison Young colleagues in Stoke. We look forward to working closely with Stoke-on-Trent City Council and with Capital&Centric.”

Councillor Finlay Gordon-McCusker, cabinet member for transport, infrastructure and regeneration at Stoke-on-Trent City Council, said: “We are delighted to have worked with Capital & Centric to bring the Goods Yard to Stoke-on-Trent and make it a success. This long-awaited development will bring with it economic benefits and new opportunities for businesses, local residents and visitors.

We are delighted that Avison Young have chosen to base themselves in Stoke-on-Trent and wish them the best of luck in their new home. It's a remarkable vote of confidence in our city and our future. 

"I know talks are ongoing with a number of other businesses who have also shown an interest in Goods Yard and we look forward to welcoming them too.”

With a new direct link to the neighbouring Stoke-on-Trent main line rail station, the 174-home neighbourhood will feature a mix of spaces, with Capital&Centric assembling a complementary variety of businesses, bars, eateries, coffee shops and stores that want to be at the heart of the action when it opens in the spring.

Goods Yard will also boast a new green space, about the size of a professional tennis court, and a footpath, which will wind through lush plants and shrubs, leading to the interior gardens, with hangout spaces, seating, over 70 trees and stacks of new plants.

Avison Young is the first commercial business to take space at Goods Yard. Flexible spaces range from 1,200 sq ft to 14,000 sqft and include the Vaults Warehouse; the Victorian Signal Box on Glebe Street; the new build Pavilion workspaces; and the industrial style new build spaces on the ground floor of the apartment building.

For more information visit www.capitalandcentric.com/goods-yard or email goodsyard@capitalandcentric.com