245 new homes to be built at historic central Leeds site in £57m development
Work has begun on the creation of hundreds of new homes at a historic site in Leeds city centre.
Construction has started on the £57m development set to deliver 245 new homes in the South Bank area of the city.
Developer Sir Robert McAlpine Ltd has commenced ground works on the 1.13 hectare site on Globe Road - formerly home to a Victorian steel pin factory dating back to the 1860s - to create the new Tower Works development.
Comprising two new residential buildings with 1, 2 and 3-bedroom build-to-rent apartments and duplexes to the south of the railway station, the development will also feature commercial units at ground floor level.
Mark Gibson, managing director at Sir Robert McAlpine for UK North, commented: “It is great to see this superb historic site move forward to deliver much needed housing for the Leeds city centre.
“We are already involved in the regeneration of the South Bank area of the city centre so moving forward with Tower Works means we will be able to continue to provide jobs for the skilled local workforce.”
The project is being delivered by Richardson and Ask Real Estate in conjunction with Homes England and with funding from Legal & General’s Build to Rent Fund (BTR Fund) and Access Development Partnership - a joint venture between Legal & General Capital and PGGM.
John Hughes, managing director of Ask Real Estate, explained: “This is an especially important scheme for Ask as we have been delivering regeneration projects for twenty years, working right across the northern belt from Gateshead to Manchester.
“We are proud to be continuing our track record of delivering creative and bold regeneration solutions such Tower Works.”
Jon Irvine, director of development from Homes England, added: “The development of Homes England’s Tower Works site is an important step in realising Leeds City Council’s vision for the South Bank.
“We are working with the city council to try to unlock a number of sites in the city centre of Leeds, and we hope this is the first of many sites in the city centre that we can support to deliver new homes.
“Our work in Leeds is part of a broader effort working with the West Yorkshire Combined Authority to unlock housing growth opportunities across the city region.”
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