Aberdeen Journals – the publisher of the Press and Journal and Evening Express newspapers – is hoping to move back into the city centre by taking space in the new Marischal Square development.
The company left nearby Broad Street in 1970 for its current home in the Lang Stracht area. A return to the city centre and to a flagship office development would be regarded as a vote of confidence in the business.
Aberdeen Journals, part of Dundee-based DC Thomson since 2013, would be joining a 126-bed Residence Inn by Marriott Hotels and restaurant chain All Bar One, which is taking 6,000 sq ft to establish its first outlet in the city.
The newspapers group’s move into Marischal Square will be discussed in private by councillors at the authority’s finance, policy and resources committee next week.
The £107 million project has not been without its detractors. Its backers faced public protests over its bland, rectangular design before securing planning permission to build on land once occupied by the hated St Nicholas House tower. It is expected to be completed next summer.
The Aberdeen Journal was first published in 1747 as a weekly until August 1876 when it became a daily newspaper. In November 1922, the paper was renamed The Aberdeen Press & Journal when its parent firm merged with the Free Press.
Urban regeneration and property specialist Muse Developments is delivering the Marischal Square project with partners Aberdeen City Council and Aviva Investors.
CBRE and Ryden are acting as agents.