Posted on Sep 26, 2018 by Natalie Phillips
Fox Lloyd Jones, acting as development manager for YP Real Estate, has awarded the build contract for the first phase of the long-awaited development of the former Yorkshire Post site in Leeds to ISG.
The global construction services company has been awarded the multi-million pound contract to deliver the first of four phases, comprising 242 apartments, on the 4.6 acre site.
The site was cleared in 2014 and work is set to commence in early October 2018 on a new build 18-storey block overlooking the River Aire.
Due for completion in early 2021, the tiered profile of the attractive brick clad building will incorporate an impressive eleventh floor residents' lounge overlooking the river, in what is a unique south facing riverside location.
The whole block has been forward sold to Grainger PLC, the UK’s largest residential landlord, and a market leader in the PRS/Build to rent sector. Grainger will own and manage the development, which as well as 242 apartments, will also offer a range of innovative services and amenities; from residents' lounge and gym, to onsite concierge, and complimentary superfast broadband.
“We are pleased to progress to the construction phase of this exciting development, our first in Leeds, and one of the city’s first Build to Rent developments. Upon completion, this project will provide quality rental homes in this iconic city centre location, with all residents benefitting from Grainger’s expertise and commitment to great customer service”
said Helen Gordon, CEO, Grainger plc.
Paul Fox of Fox Lloyd Jones, acting as agent as well as development manager, said,
“Awarding this first phase build contract is a pivotal moment for this much awaited scheme. After lengthy dialogue, and a real committed effort from the professional team, we are pleased to have reached agreement with ISG and site preparation is now underway.
“As it is a prominent gateway site to the city it is essential that we deliver a really high quality scheme to complement and enhance the rest of the West End development.
“There is no doubt that this is one of the best locations in the city for further development of a high quality residential scheme and discussions are ongoing with end users for the remaining three phases of the development. The site wide infrastructure installed as part of the first phase will support this future development of the site.
“The remaining three plots have planning approval for c. 400,000 square foot across three buildings, and we continue to review our options for differing uses on those plots.”
Speaking about the contract award, regional director of ISG’s North East business, Tim Harvey, said,
“The PRS model brings a welcome boost to the availability of high quality housing stock and our scheme for Grainger is ideally suited for young professionals working across West Yorkshire and beyond who are seeking a central city location with great transport links.
“This project will kick start the wider regeneration of this strategic site in Leeds, creating a vibrant new community and improving the public realm in this underused location.”
Apr 01, 2020
Chartered surveyor and project manager, Adam Watson, has been promoted to Associate at Leeds-based, multi-disciplinary agency, Fox Lloyd Jones, where he specialises in project and development management. Will Smithies has also joined Fox Lloyd Jones from local firm Bowman Riley.
Mar 18, 2020
The ground floor of luxury residential block, ‘Oasis Residence’, has been let by Fox Lloyd Jones to local business owner, Jiang Young Feng, who will be opening a Chinese supermarket on the site.
Mar 18, 2020
Much like your business, FLJ continues closely monitoring Government advice and the evolving Coronavirus/Covid 19 situation. The wellbeing of our colleagues, clients and those that we work with is our first priority. Our heartfelt thoughts go out to those people and families already affected by the Coronavirus and in context we feel the need to take steps to reduce the risk to our and your people, while continuing to support your business.
Feb 18, 2020
LS1 Headrow, a prime Leeds city centre mixed-use investment owned by Palm Assets Limited has been sold by Fox Lloyd Jones to Leeds-based property management and lettings company, YPP.
Jan 29, 2020
ATC Properties Ltd has received planning permission to convert the former home of Trio bar/restaurant in Headingley into high specification, Grade A offices to be known as ’44 North Lane’.
Jan 21, 2020
FLJ, acting on behalf of Walker Morris, acquired an overriding lease over the whole of the 76,000 sq ft landmark building in 2018, and project-managed the delivery of the new offices through to completion.
Jan 06, 2020
Our team is experienced, focused, discreet and motivated by results
Aug 21, 2019
Chartered surveyor, Nick Salkeld, has returned to Fox Lloyd Jones as a Director in the agency and development team. Working alongside Paul Fox, he will help build upon the company’s successes and add value into the next stage of development.
Jun 18, 2019
We are looking for Trainee Graduate Surveyor to assist our Construction Team in providing Quantity Surveying, Project Management and Building Surveying services whilst developing their skills.
Apr 11, 2019
Leeds-based Fox Lloyd Jones has concluded the procurement phase of the £155m retail and food leisure development at Fosse Park in Leicester, on behalf of its client The Crown Estate.