Thursday, December 26, 2024

Prime central Leeds site with planning permission for 345 apartments launches to the market

A prime site in Leeds city centre has been brought to the market with full planning permission for 345 apartments and commercial space.

The 2.17-acre site, which is situated off the key Leeds gateway of East Street (A61) is being sold by the Savills Yorkshire-based development team.

It includes two cleared parcels of development land on either side of Bow Street with the larger plot extending to 1.84 acres and the smaller plot being 0.33 acres.

Matthew Jones, development director at Savills Leeds, who is marketing the site, comments: “The sale of this site presents a rare opportunity for a developer to create a significant landmark city centre development.”

Leeds City Council’s vision is to double the size of the city centre, creating in the region of 35,000 new jobs and 4,000 new homes and substantial resources have already been committed to bring the South Bank vision to life.

The site benefits from immediate proximity to the wide range of services on offer through the River Aire corridor, including the nearby Leeds Dock, Royal Armouries and Brewery Wharf mixed-use redevelopment areas, coupled with convenient access to Leeds’ popular retail, leisure and cultural core.

“The site is situated on East Street one of the main arterial roads which has seen significant development in the past and the development of Bow Street will further add to the appeal of the area enhancing the River Aire corridor to the east and south of the city centre”, adds Matthew. “Given the proximity to the city centre and the active residential and BtR market, we are expecting a substantial amount of interest from developers both locally and nationally.”

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