Sweet Street mixed-used development would represent a £500m investment for the local region
Build-to-rent developer Platform_ has submitted an application to Leeds Council to build 1,350 flats in the city’s South Bank regeneration area.
The built-to-rent flats would be part of a masterplan for a 1.3million sq ft mixed-used development in Sweet Street, that will include a gym, residents lounge and a dedicated co-working space.
The homes will be two- and three-bedroom and the developer has said they will “appeal to a wide demographic”.
Platform_ said the development, which is spread across eight acres and will extend the city centre to the south, will represent £500 million investment for the local region. It aims to start work on the site, which is on brownfield land that has been vacant since 2009, next year.
Jean-Marc Vandevivere, CEO at Platform_, said: “The Sweet Street development represents an exciting and evolutionary addition to our portfolio, whilst also underlining our commitment to long-term investment in the region.”
The developer said the scheme will use renewable energy sources, smart in-home technologies and energy efficient heating and lighting systems to ensure it supports the city’s ambition to become net zero carbon by 2038.
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