Leeds undergoes property development surge

Leeds undergoes property development surge



Leeds now boasts the largest financial sector outside London, according to data from Parklane Properties.


The city is currently the location for new developments and multimillion-pound construction schemes such as Central Square and Victoria Gate.

According to Parklane Properties, Leeds’ financial sector’s economic benefits have seen a wave of infrastructure investment to cater for the growing demand for housing, transport and commercial property.

One of Leeds’ biggest construction projects is the £50m residential scheme that will be situated in Holbeck Urban Village.

The development will create 250 new apartments as well as more office space (around 7,200 sq ft).

There are plans to build various restaurants, cafeterias and bars on the ground level.

Students are also set to benefit if a £10m conversion of the old Walkabout bar on Cookridge Street is given the go ahead, as it will create 96 new studio apartments. 



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