Carillion brought in to deliver £80m regeneration project
WOLVERHAMPTON support services and construction giant Carillion has signed contract with the Homes and Communities Agency for an £80m regeneration project in Leeds
Carillion will deliver the regeneration of Tower Works in Holbeck Urban Village on Leeds’ South Bank.
The 1.17 hectare site is a former industrial location housing three listed Italianate towers from which the site derives its name.
Carillion will deliver 90,000 sq ft of commercial office space and 24,000 sq ft of retail, restaurant and bar space alongside a mix of one, two and three bedroom apartments and town houses.
The combined value of the proposed development is approximately £80m and a site-wide masterplan will be submitted for planning approval shortly, subject to which construction work is expected to begin in Spring 2016.
This contract adds to the £1.7bn of new business that Carillion has won since the half year.
Carillion chief executive Richard Howson said: “We are very pleased to have signed this contract with Home and Communities Agency, having worked closely with them and Leeds City Council on this important regeneration project.
“Together, we have developed a vision for the regeneration of one of the most important landmark sites in Leeds that will create a sustainable community, which meets the aspirations of all stakeholders.”
