Commercial Estates Group (CEG) has signed Section 106 legal planning agreement with Leeds City Council, enabling the group to go ahead with its proposals for a £350m development on a six-acre site off Globe Road and Water Lane in the South Bank, London.
In April 2018, Leeds City Plans Panel voted to approve the planning application to regenerate the site as part of a £350m sustainable mixed-use development. For many years, planning permissions have been granted for the regeneration of an area of the City Centre, but work was not taken up.
Work will begin in November 2018 with the demolition of the former warehouse on Water Lane and preparing the site for development.
An archaeological excavation is also expected to uncover whatever remains on the site, which housed John Marshall’s first two mills in the area of Holbeck in the 18th century.
CEG has already invested £300,000 in securing the Grade II listed bridge, which formed a historic route for the Marshall empire, and will again form a link over Hol Beck stream, connecting Water Lane and Marshall Street to the new development at Globe Road.
The Marshall family has also masterminded the construction of the nearby Grade I listed Temple Works buildings, which was acquired by CEG early in 2018.
The company has appointed a team comprising specialist engineers, heritage architects, surveyors and health and safety advisers. Assessment and stabilisation works are underway.
CEG has started marketing its South Bank development, which now has detailed planning permission for two office developments with ground floor retail and leisure totalling 26,100m².
The group also has outline planning permission for mixed-use development of 103,900m² of offices, retail, leisure, health, hotel, education and community uses, parking and up to 750 new homes, along with new public spaces and landscaping.
The buildings will range from five to 40 storeys, which will put Leeds on the map as a key European destination. The two-storey printworks building façade will be retained as a feature within the design.
The development will improve connectivity, making it easier to walk or cycle from Holbeck to the waterfront, railway station and the city centre.
CEG is working with architects Feilden Clegg Bradley Studios on its South Bank development.
The group has also established and runs the Forging Futures skills campus at Kirkstall Forge, which provides construction skills on the site to turn young people in Leeds into future developers, builders, architects and engineers.
Image: A CGI of the South Bank development. Photo: Courtesy of Commercial Estates Group Limited.