FI Real Estate Management (FIREM) plan to invest £7.5m in one of the Tri-Centre buildings formerly occupied by Zurich in a boost to Swindon Town Centre it has been announced this week.
FIREM will start work next month on refitting the former home of Zurich into a modern contemporary office and retail space, designed with users of the building in mind.
Features will include fitness and gym facilities, cycle and scooter provision, electric vehicle charging points, on-site retail, and a business lounge. Parking provision has also been provided through an agreement with the Council.
Dominic Knowles, Head of Offices at FI Estate Management, commented: “It’s really exciting to be part of this transformation of Swindon that the Council is leading – it really feels like the whole scheme has momentum.
“We believe the Council’s investment and drive will be a real catalyst for future private investment.”
Councillor David Renard, Leader of Swindon Borough Council, said: “FI Real Estate Management’s announcement is a real show of faith in Swindon and the future of the town centre in particular.
“We have known about FIREM’s plans for some time and have been working with them behind the scenes to bring this scheme forward by identifying suitable parking provision for the workers who will ultimately use the new offices and retail space.
“It is really pleasing to see private investment in the area coming forward and proving that the work that is taking place at Fleming Way and the surrounding Kimmerfields site is acting as a catalyst for further regeneration by increasing land values and making Swindon an attractive proposition for investors.
“I am sure this ripple effect will continue to help attract further commercial investment in new homes, shops and amenities in the wider town centre.”
