‘Leeds is about to hap­pen – it has im­mense power’

The Daily Telegraph - Property - - Front Page -

The Gov­ern­ment is “north-shoring” too, hous­ing 6,000 HMRC staff in Welling­ton Place, the new ur­ban quar­ter of Leeds that is also home to the ex­panded UK base of Sky Bet. Fash­ion brand Burberry has just moved in nearby. West York­shire’s lively me­trop­o­lis is also home to Opera North, North­ern Bal­let and the Leeds Play­house. A Eu­ro­pean City of Cul­ture 2023 bid was dashed by Brexit.

“Leeds has a great ecosys­tem of me­dia and broad­cast jour­nal­ism,” says Emma Rice, for­mer sta­tion man­ager of Leeds Stu­dent Ra­dio, the coun­try’s largest stu­dent ra­dio sta­tion. “There are so many ex­cit­ing things hap­pen­ing here, such as MAP Char­ity, which uses funds from club nights to help young peo­ple get into the creative in­dus­tries – club cul­ture be­ing an­other thing Leeds is famed for.”

Now home to 800,000-plus peo­ple, the for­mer wool trad­ing town is the largest eco­nomic cen­tre in the UK af­ter Lon­don, and the third largest city. Ac­cess to and around Leeds is also set to im­prove. As well as the con­tro­ver­sial HS2 – the high-speed route that will re­duce the Lon­don-to-Leeds jour­ney time to one hour 21 min­utes by 2033 – there is the East Leeds Or­bital Road (ELOR), which by 2021 will make cross­ing the city much eas­ier.

It will cre­ate 5,000 homes, and con­nect north Leeds with the mo­tor­way net­work to the east of the city and Thorpe Park, the mixed-use com­plex in east Leeds. New homes are des­per­ately needed for Leeds to catch up with Manch­ester, says Matthew Jones of Sav­ills. “The ren­tals mar­ket is very strong but there is a big short­age of stock. We are now see­ing some buildto-rent (BTR) and pri­vate rental sec­tor (PRS) schemes mov­ing into York­shire, which will be vi­tal to re­tain­ing the large stu­dent pop­u­la­tion.” He points to “key schemes” such as the re­de­vel­op­ment of the old York­shire Post site by Grainger, pro­vid­ing 242 apart­ments; L&G’s Mus­tard Wharf BTR scheme with 250 homes; 744 PRS apart­ments at Dan­dara Liv­ing’s Leodis Square and

A five-bed­room home near the air­port, left and main, is £1.05m with Carter Jonas

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