MCR Property Group Begins Construction on Landmark Luton Office Scheme Following Major Pre-Let to TUI

MCR Property Group is pleased to announce the official start of construction on the refurbishment of 500 Capability Green, its landmark office scheme in Luton, following the recent pre-let of the entire building to global travel giant, TUI.

The 81,000 sq ft, purpose-built Grade A office space will serve as TUI’s new UK headquarters, bringing together more than 700 employees and repositioning the significant business park building, delivering a quality of building to deliver Tui’s requirement for new ‘best in class’ accommodation for their staff and operations.

The substantial refurbishment  marks a significant milestone in MCR Property Group’s commitment to revitalising regional commercial hubs and creating future-proof workspaces across the UK.

Commenting on the announcement, Martin Brown, newly appointed Director of Commercial Property at MCR Property Group, said:

“We’re thrilled to be moving into the construction phase of this landmark scheme. It’s a fantastic project to be part of bringing together one of the world’s leading travel brands and a building deserving of such a comprehensive programme of improvement works. We’re really looking forward to delivering a first-class building that reflects TUI’s ambitions and long-term commitment to Luton.”

Designed with collaboration, flexibility and wellbeing at its core, the building will feature high-specification office space and modern staff amenities. The project  also prioritises sustainability and energy efficiency in line with both TUI’s and MCR’s ESG goals.

Construction is scheduled for completion in November when the building will be handed across to Tui for them to commence their own internal fit-out works in readiness for their move into their new home.

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