Plans submitted for 215-apartment development in Leeds city centre

Oakapple Group has submitted a planning application to create a 215 apartment build-to-rent development in the south bank area of Leeds city centre.

The Leeds-based property developer is seeking permission to build a ten-storey block with basement car park and residents’ facilities on its Sweet Street site.

Oakapple has already begun marketing for an investment partner for the development through Allsop and LIV.

The area, which forms part of the Holbeck Urban Village, has seen a number of high profile transactions completed.

With further projects planned, chairman of Oakapple Group, Philip Taylor believes the time is right to develop the site.

Philip said: “It has been extensively reported that the central Leeds residential market is experiencing high levels of take-up and is suffering from limited stock levels.

“We are very excited at the opportunity this area of the city provides and the quality of the scheme we can deliver.”

A start on site during late Spring 2018 is anticipated.