£350 million development at key South Bank site gets green light
11 Oct 2018
The Section 106 legal planning agreement has now been signed with Leeds City Council, enabling CEG’s proposals for the six acre site off Globe Road and Water Lane, in the heart of the South Bank, to progress.
In April 2018, Leeds City Plans Panel voted unanimously to approve the planning application to regenerate the site as part of a £350 million sustainable mixed-use development. This will act as the catalyst to kick-start the regeneration of an area of the City Centre which for many years has seen planning permissions granted but not built out.
Work will commence next month demolishing the former warehouse on Water Lane and preparing the site for development. A carefully scoped programme of archaeological excavation will uncover whatever remains on the site which housed John Marshall’s (king of the flax industry) first two Mills in this area of Holbeck in the eighteenth century.
The CEG group has already invested £300,000 into securing the Grade II listed bridge which formed a historic route for the Marshall empire and will once again form a physical link over Hol Beck, connecting Water Lane and Marshall Street to the new development at Globe Road.
The Marshall family also masterminded the construction of the nearby Grade I listed Temple Works buildings, which the CEG group acquired early this year.
The company has appointed a dedicated professional and technical team, including specialist engineers, heritage architects, surveyors and health and safety advisers. An intensive programme of assessment and stabilisation works is underway and more is now understood about the building’s history and condition than ever before.
Jon Kenny, Strategic Development Director of CEG, said: “Our proposals for South Bank bring together the birthplace of the industrial revolution in Leeds; the home of Marshall’s first two Mills, as well as the Marshalls’ last, and greatest creation, Temple Works. This is an exceptional opportunity to breathe life back into these, creating locally and nationally important iconic landmark buildings and innovative public spaces. This is not just about building on a historic legacy; it is about creating a new one.”
CEG has now started marketing its South Bank development, which now has detailed planning permission for two office developments with ground floor retail and leisure totalling up to 26,100 sq m and outline planning permission for mixed-use development of up to 103,900 sq m of offices, retail, leisure, hotel, health, education and community uses, parking and up to 750 new homes, along with new public spaces and landscaping.
David Hodgson, head of strategic development north for CEG, explains: “Many years of hard work are being realised as we launch to market an exceptional opportunity for the highest quality office developments just minutes from Leeds City Station. This, along with the retail, leisure, hotel, residential and community uses, benefitting from innovative outdoor spaces and the waterfront, will bring a strategic development of a critical mass and international standard, putting South Bank Leeds on the map as a place to live, work and enjoy.”