Council (LCC) and LCR (formerly London & Continental Railways) have
appointed real estate services firm, Cushman & Wakefield, to advise on the
redevelopment of Leeds station and South Bank, one of the largest regeneration
areas in Europe.
Wakefield will work with the Council and LCR over the next three years to
deliver strategic advice on the redevelopment of the integrated station and the
regeneration of its surrounding area, known as Leeds South Bank, a project
which has the potential to double the size of Leeds city centre.
LCC and LCR
are collaborating to deliver the Leeds Station Integrated Masterplan (LISM) and
a number of other commercial ventures designed to drive regeneration and
economic growth. LCR is a skilled commercial developer and the UK Government’s
placemaking expert, with its previous schemes including the multi-billion-pound
mixed-use developments at King’s Cross and Stratford City – two of London’s
most successful regeneration stories.
partnership will transform Leeds station, already the busiest transport hub in
the north, into a world class gateway which provides seamless interchange
between HS2 and other new and existing rail services.
Partner in Cushman & Wakefield’s Development & Planning team in Leeds
said: “We are excited to be involved in what is, arguably, the most significant
strategic development mandate in the region. The creation of a new integrated
station offers the opportunity to not only establish a new gateway to the Leeds
City Region but also to drive the commercial transformation of Leeds South
Bank. We look forward to working with Leeds City Council and LCR to help
realise this opportunity.”
In 2017, the
Council prepared the Leeds City Region HS2 Growth Strategy in collaboration
with West Yorkshire Combined Authority to maximise the benefits of HS2 and
Northern Powerhouse Rail coming to the Leeds City Region. The Strategy
anticipates that up to 41,000 new jobs could be created across the City Region
generating an extra £54 billion GVA to the region’s economy.
Wakefield’s Development & Planning team is advising on HS2 nationally and
previously advised on the Leeds HS2 Growth Strategy. In addition, its specialist
team has worked on a range of high profile infrastructure projects, including
acting as office/retail/leisure advisor at Kings Cross, London, advising
Birmingham City Council on the redevelopment of Grand Central in Birmingham and
advising Leeds Bradford Airport on the development of a commercial hub adjacent
to the airport.