Investments
Landlord News
December 12, 2015 | Landlord News
Another new plan has been submitted for the redevelopment of the former Yorkshire Chemicals site, a 5-acre brownfield site situated along Kirkstall Road, now known as City Reach, which has lain vacant since 2006. Previous plans were submitted in 2011 and 2014, but never came to fruition.
The latest plan is the most ambitious yet. If this comprehensive regeneration plan from developer Residential Securities is approved, it would be one of the largest residential schemes in the city. The proposals call for the construction of up to one million sq ft of residential space, offering a mix of homes in several new blocks, which will range from 6 to14 floors.
They are looking to squeeze in 574 private rental homes, over 200 homes for sale, and 234 student rooms. There will be an additional 20,000 sq ft of commercial space on the ground floor levels, consisting of restaurants, bars, and leisure facilities.
They also plan to incorporate new areas of public space and a pedestrian/cycle bridge over the River Aire to link City Reach and the Otter Island residential scheme (which is currently under construction).