08:43AM, Thursday 27 December 2012
A new office is on its way to Maidenhead.
Construction of new office headquarters has begun on the site of the former Symantec building dubbed the 'black box.'
The St Cloud Way site received planning permission some years ago and developers Bell Hammer Limited, with funding from Rockspring and Blackrock, are now carrying out the work.
The TOR development will become a 67,000 square foot office headquarters with work set to be completed in August 2013.
The developers are also looking to attract a company to occupy the new offices.
The firm has said Maidenhead offers a rare combination of great business benefits, impeccable connections and an exceptional quality of life for employees. It will have 206 parking spaces and 41 cycle spaces.
Joel Hawkins, managing director of Bell Hammer Limited, said: "Essentially the site was bought just before the financial troubles.
"The market has now returned to a point where it is deemed prudent to carry out the development. There is investor confidence in Maidenhead as one of the best office locations in the Thames Valley.
"We are the pre-eminent M4 and Thames Valley office developer and have made a number of speculative starts in the last 24 months."
Planning permission was given by the Royal Borough in February 2008.
In 2009 the council pushed through a demolition notice to flatten the former 'eyesore' building and improve the overall appearance of the site.
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