Caddick have signed a memorandum of understanding (MOU) with Homes England to accelerate the development of South Village in Leeds.
Located just off Meadow Road, the £1bn South Village scheme, which can deliver up to 1,925 new homes, will be a focal point for the wider South Bank regeneration area – one of the largest brownfield projects in the UK.
It received unanimous approval from Leeds City Council’s City Plans Panel in March, where it was praised for the quality of its vision and design.
The agreement with Homes England is a step towards the infrastructure works starting on site before the end of the year, allowing the first plots to emerge in 2025.
South Village is the new name for the City One development area, a ten-acre site on Leeds’ South Bank. The South Village masterplan, created by SimpsonHaugh Architects, includes new pedestrian connections, extending emerging green corridors across the centre and setting aside more than half of the site for landscaped spaces.
The project will also offer up to 450 hotel beds and more than 750,000 sq ft of commercial space, specifically targeting businesses seeking sustainable new facilities.
Lee Savage, director at Caddick Developments, said: “This agreement with Homes England will be instrumental in accelerating our work on this project, allowing us to begin delivering much-needed city centre housing at pace, while also introducing significant public realm for all to enjoy. The ambition is that South Village will effectively redefine contemporary urban living in Leeds, located in the heart of the city centre, but offering all of the amenity of traditional village life. Thank you to Homes England, our city partners and the wider project team for their support to date in accelerating this transformational scheme.”
