£100,000 fund launched to transform city centre waterfront

A new £100,000 fund has been launched to help transform the waterfront of Leeds city centre.

The Leeds Waterfront Enhancement Fund, put forward by the Leeds Chamber of Commerce and partners earlier this year, was officially established as part of a meeting of the Leeds Property Forum at Addleshaw Goddard in Sovereign Square.

The fund aims to help the waterfront area achieve its “cultural and economic potential,” with Leeds City Council investing £100,000 into the scheme.

Bids are now available for grants of between £1,000-£10,000 from the fund to support activities that will enhance the waterfront. All bids will be at least match-funded by the applicant.

The area the fund covers is from Wellington Bridge Street/City Island in the west of the city centre to the Yarn Street development in the east.

There will be two waves of funding for bids, the first in autumn 2018 and the second in spring 2019.

The scheme forms part of the Waterfront Charter, with landowners and stakeholders along the River Aire through the city centre and South Bank being encouraged to sign up in partnership..

Councillor Judith Blake, leader of Leeds City Council Councillor, said: “We are delighted to be working with the Leeds Chamber of Commerce and our partners to launch the Leeds Waterfront Enhancement Fund.

“As part of the Waterfront Charter, it is very much a partnership-led idea, with all stakeholders involved coming together with the local communities for mutual benefit to make it more attractive, welcoming and prosperous.

“With the South Bank regeneration now really making an impact, now is the perfect time to look at what we can do to maximise the cultural potential of the riverside and how it connects with the rest of the city centre. We look forward to welcoming exciting and imaginative bids to be part of this scheme.”

Tim Waring, director at planning consultants Quod and chair of the Chamber’s Waterfront Group, added: “The creation of this fund is great recognition of the potential role the waterfront should play in our city. The city’s history and economic success are inextricably linked to the canal and river and we need to ensure it continues to play a strong role in the future.

“We see this fund helping to make the waterfront a more attractive place to go and by working with Leeds City Council, landowners, office occupiers and local communities we can build partnerships to really move things forward. Congratulations to Leeds City Council in supporting this initiative.”