Regional Business Information for Yorkshire
Another city skyscraper is axed
18th July 2008
By David Parkin - Editor
PLANS to build another Leeds skyscraper have been dropped following the slump in the property market.
The £115m Criterion Place "Kissing Towers" scheme has been cancelled just a week after KW Linfoot put construction of Lumiere, Europe's tallest residential development, on hold blaming the credit crunch.
The company behind the plan, Simons Developments, wanted to revise the scheme because it said the original plan was no longer commercially viable.
But Leeds City Council's executive board has decided to terminate......for the full story register now for free or login below...
Have Your Say
Oh lovely, another development grounded. More jobs down the pan. How long before the other building work in Leeds city centre (i.e. the redeveloped shopping centres) is stopped and Leeds is just left as a huge building site? What a mess.
Suzy Dewhirst
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Two very ambitious schemes cancelled out of many more still going on. Hardly a crisis, and it hardly leaves Leeds city centre a mess. But, then again, the council seems to have adopted a free-for-all attitude to development, anything to keep it's self-inflated ego going. Suzy should take a look at Bradford; parts of that really are a mess.
Richard Hamer