Leeds selects Glenbrook for resi opportunity
Leeds City Council has selected Glenbrook for a 0.5-acre site in the heart of the city’s South Bank area.
The vacant plot on Meadow Lane was put up for sale through Cushman & Wakefield last year as part of plans by the council to drive regeneration across the South Bank.
Subject to planning and the full conclusion of the sale, Glenbrook will bring forward a residential scheme on the site.
Leeds City Council has selected Glenbrook for a 0.5-acre site in the heart of the city’s South Bank area.
The vacant plot on Meadow Lane was put up for sale through Cushman & Wakefield last year as part of plans by the council to drive regeneration across the South Bank.
Subject to planning and the full conclusion of the sale, Glenbrook will bring forward a residential scheme on the site.
The plot was created as part of a recent transformation of Meadow Lane by the council that involved the reconfiguration of the highway, the removal of the old Hunslet Lane surface car park and the laying out of green space.
James Lewis, leader of Leeds City Council, said: “We are determined to do whatever we can to help unlock major residential and commercial developments, including new affordable housing, across the South Bank and the rest of the city centre.
“The value of such an approach is underlined by the new use planned for this prime piece of land, which was opened up for potential purchase and development as part of our work to regenerate Meadow Lane and the surrounding area.”
The council added that the sale would generate a substantial capital receipt for the local authority, which is facing unprecedented budget pressures.
Daniel Roberts, development director at Glenbrook, said: “The opportunity at Meadow Lane builds on our existing development pipeline in the city and we look forward to collaborating with our public sector partners to deliver more high-quality housing in the city centre.”
Running along the southern side of the River Aire, Leeds’s South Bank covers the equivalent of 250 football pitches.
Ongoing regeneration activity in the area should, when complete, deliver 35,000 jobs and 8,000 new homes.
Plans for the area were first revealed in 2011.
Photo from Leeds City Council