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£1.2bn redevelopment partnership between Leeds and Bellway Homes

Leeds City Council has entered into a partnership with Bellway Homes which will see the development of new homes and community buildings over a two-decade period.

Around £1.2 billion worth of Property Development Finance will be set aside to deliver the East and South East Leeds scheme. It will include the construction of 5,000 new homes, neighbourhood centres, local schools and health provision centres, covering a total of 1,700 hectares.

John Watson, chief executive of Bellway, said: “EASEL is a blueprint for large-scale housing replacement programmes which are needed across the UK, and where private finance can be captured to help pump prime regeneration.”

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