30th Nov 2022
Leeds could see a new mixed-use development being built in its South Bank regeneration area if plans are given the go ahead.
Built-to-rent (BTR) developer and operator PLATFORM_ is intending to build the 1.3 million square foot development on brownfield site on Sweet Street, which has been vacant for the last 13 years, Insider Media reported.
Jean-Marc Vandevivere, chief executive at PLATFORM_, said: “We are proud to present a transformational vision to create a community-first development that epitomises the very best of inclusive, modern day living.”
The £500 million project will include 1,350 BTR apartments, a gym, residents’ lounges, and co-working space.
There will also be 200,000 square feet of commercial space, from Grade A sustainable office buildings to leisure and retail outlets.
PLATFORM_ intends to build a new public square for locals to get together and create a community atmosphere. Landscaped areas will make the site more attractive, benefiting the wider area.
Its apartments will fit in with Leeds City Council’s Housing Strategy 2022-27 and Best City Ambition initiative, aiming to improve housing stock and quality of life for locals.
This comes after McClaren Living was given approval from the council to build 375 apartments at Beck Yard, also as part of the South Bank regeneration area.
The £85 million development includes 7,000 square feet of community spaces, such as a gym, lounges, and shared workplaces, as well as 30,000 square feet of outdoor space.
Commenting on the scheme, Matthew Biddle, managing director of McLaren Living, said: “It’s an excellent time to be working in the city.”
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