*****Issued on behalf of Channel 4 ******
Channel 4 is in advanced negotiations with Rushbond Group to lease space in their historic Majestic building in Leeds as its new National HQ.
The broadcaster will lease over 25,000 square feet of space on the third, fourth and fifth floors of the building, which will be home to over 200 Channel 4 roles from across the organisation as well as a major hub for Channel 4 News.
The Majestic sits at the heart of Leeds City Centre, overlooking the City Square and opposite Leeds Railway Station. Originally opened as a cinema, restaurant and ballroom in 1922 it is currently undergoing a major redevelopment by owners, Rushbond Group.
The new National HQ in the Majestic will accommodate staff from a range of different departments, including the Managing Director, Nations & Regions, programme commissioners, the new Digital Creative Unit – producing and commissioning content to reach audiences on digital and social platforms – and staff across a variety of creative, digital, operational and supporting functions. Channel 4 News will also base their news hub in the building and will regularly co-anchor the award-winning programme from a new studio, which will be built within the space.
The negotiations are being led by CBRE on behalf of Channel 4 and it is envisaged that Channel 4 will move in to the building in the second half of 2020. Ahead of moving into the Majestic, Channel 4 is agreeing terms with Bruntwood to lease space in the West Gate development on Grace Street in Leeds City Centre – and will begin to move staff there from September this year. In the interim, Channel 4 will lease a smaller space in Bruntwood’s Platform building in the City Centre from May.
Jonathan Allan, Channel 4’s Chief Commercial Officer said:
“Leeds offered a wealth of potential locations for our National HQ but the Majestic really stood out as an iconic building which will put Channel 4 at the heart of the city centre. It’s an incredibly impressive redevelopment and offers the right mix of location, connectivity and space for our organisation and great facilities for our staff and our partners in the industry.”