Caddick Developments, part of construction firm Caddick Group, has launched a £300m scheme to create a new neighbourhood in central Leeds, UK.
Named SOYO – (SOuth of YOrk road), the new project in the centre of Leeds will transform a six-acre site at Quarry Hill with apartments, bars, restaurants, and a hotel.
Spreading over a six-acre site at Quarry Hill, the project will feature with 515 rent-only apartments, bars, restaurants, and a hotel. The apartment will be delivered by Moda Living, a joint venture between Caddick Group and Generate Land.
The project will also feature extensive public green spaces, which can be utilised for outdoor theatre and music events, attracting local bands and artists.
Caddick Developments managing director Myles Hartley said: “There is a huge amount happening in this area of the city. As well as delivering our own scheme under the SOYO name we are working alongside our neighbours, from the West Yorkshire Playhouse and Leeds City College to Yorkshire Dance and Northern Ballet, with the idea of using this opportunity to create a wider place identity.
“Our high quality public realm will provide a much-needed pedestrianised area in the city centre for the city’s residents to enjoy all year round, which is key to developing a strong community feel.”
Moda Living managing director Tony Brooks said: “With over 500 professionally managed apartments, our SOYO development will go some way in providing much needed new housing in the city centre that will be crucial to attracting and retaining talent –key tasks for England’s regional cities.”