Developer HUB Group and Bridges Fund Management have acquired two significant sites to the west of Leeds city centre from BAM Properties for £12m.
Located on Whitehall Road, the sites in Leeds have an existing detailed planning consent for residential and office uses, with one commercial office block and a pocket park already built out.
HUB and Bridges intend to deliver a mixed-used scheme incorporating 463 homes across two blocks to include Build to Rent and market sale accommodation.
Damien Sharkey, Managing Director at HUB, said: “HUB has a proven track record of delivering beautifully designed mixed-use schemes in strategic locations, and we are excited to bring that experience to this significant masterplan in the centre of Leeds. Leeds is a dynamic city with a young and diverse population, and this scheme continues our strategy of acquiring sites in ‘lifestyle’ cities – places with strong fundamentals and demand for high quality housing.”
The scheme will also involve a range of amenities, making the best of the nearby canal as well as improving pedestrian and cycle routes into the city centre. The partners will be working closely with Leeds City Council to explore options.
The site is ideally located less than ten minutes’ walk from Leeds railway station.