Guinness acquires 900-plus home development site near Leeds Docks, UK

WCN Editorial Team 24 Apr 2019 EUROPE BUILDINGS

Housing association Guinness Partnership has acquired 900-plus home development site with full planning permission at Leeds South Bank, UK for an undisclosed sum.

Located at Hunslet Road near Leeds Docks and the Royal Armouries Museum, the development is said to be Guinness’ biggest single consented residential scheme.

The scheme, which will feature at least 35% affordable homes versus 5% under previous plans, involves construction of new homes at Hunslet Road near Leeds Dock.

Guinness purchased the site using part of a £224m grant from Homes England. The site has been bought from X1 Developments, which is currently building several housing schemes in the UK.

The funding was provided to Guinness and Stonewater earlier this year to start building additional 4,500 affordable homes in England by 2022.

The Guinness Partnership chief executive Catriona Simons said: "This site, within the Leeds South Bank Regeneration and Innovation District, is a fantastic opportunity for us to create over 900 homes in a vibrant new neighbourhood in Leeds. We intend at least 35% of the homes to be affordable.”

Leeds City Council has taken up a project to transform South Bank to double the size of Leeds city centre, deliver 8,000 homes and create 35,000 new jobs, as well as green space.

Leeds City Council’s executive member for regeneration, transport and planning councilor Richard Lewis said: “The Guinness Partnership’s proposals are fantastic news for Leeds.

"That it is committing to its biggest ever scheme here and intending to deliver so many new affordable homes is a real mark of confidence in our vision for the South Bank, where we want to ensure regeneration and growth benefits all the city’s residents.”

The South Bank development scheme includes delivery of new education facilities for secondary and further education, and proposals for a new city park. It also includes renewal of the city centre transport network.

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Image: Guinness has purchased 900-plus home development site at Leeds South Bank. Photo: courtesy of The Guinness Partnership.

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