Real estate firm appointed to redevelopment of Leeds station and South Bank

Cushman & Wakefield, the real estate services firm, has been appointed to advise on the redevelopment of Leeds station and the South Bank.

This project, thought to be one of the largest regeneration areas in Europe, will see the redevelopment of the integrated station and the regeneration of its surrounding area, known as Leeds South Bank.

Leeds City Council (LCC) and LCR (formerly London & Continental Railways) are collaborating to deliver the Leeds Station Integrated Masterplan and a number of other commercial ventures.

Cushman & Wakefield will now begin working with LLC and LCR over the next three years to deliver strategic advice for the masterplan.

Stephen Miles, partner in Cushman & Wakefield’s development and planning team in Leeds, said: “The creation of a new integrated station offers the opportunity to not only establish a new gateway to the Leeds City Region but also to drive the commercial transformation of Leeds South Bank.”

In 2017, Leeds council prepared the Leeds City Region HS2 Growth Strategy in collaboration with West Yorkshire Combined Authority to maximise the benefits of HS2 and Northern Powerhouse Rail coming to the Leeds City Region.

The strategy anticipates that up to 41,000 new jobs could be created across the City Region, generating an extra £54bn GVA to the region’s economy.  

Cushman & Wakefield’s development and planning team is advising on HS2 nationally and previously advised on the Leeds HS2 Growth Strategy.