Development site for 928-home scheme snapped up
A housing association has bought a development site near Leeds Docks which has full planning permission to build 928 homes.
The Guinness Partnership has completed the acquisition of the Hunslet Road site, the biggest in the housing association’s 129-year history, from North West developer X1 Developments.
The site, near Leeds Docks and the Royal Armouries, will see 600,000 sq ft of homes and commercial space developed.
Guinness has committed to ensuring at least 35% of the available homes will be for the affordable housing market, compared to previous plans for the site, which only allowed for 5% of the new homes to be affordable.
The site was purchased with the support of part of funding granted to Guinness by Homes England to start building an extra 4,500 affordable homes across England by 2022.
Catriona Simons, Chief Executive of The Guinness Partnership, said: “This site, within the Leeds South Bank Regeneration and Innovation District, is a fantastic opportunity for us to create over 900 homes in a vibrant new neighbourhood in Leeds. We intend at least 35% of the homes to be affordable.”
Councillor Richard Lewis, Leeds City Council’s executive member for regeneration, transport and planning, added: “The Guinness Partnership’s proposals are fantastic news for Leeds. That it is committing to its biggest ever scheme here and intending to deliver so many new affordable homes is a real mark of confidence in our vision for the South Bank, where we want to ensure regeneration and growth benefits all the city’s residents.”
Major development and investment is already underway in South Bank, with the delivery of new education facilities for secondary and further education, proposals for a new city park and plans moving forward for renewal of the city centre transport network.