Posts tagged investors

John Lewis kick-starts a £600 million development in Leeds that will create new jobs

Plans to build a new £600 million shopping centre in Leeds will create thousands of jobs in the building engineering industry as one of the of Britain’s biggest high street retailers, John Lewis, has secured a deal to build a 258,000 sq ft anchor store near the development of Eastgate Quarters in Leeds city centre.

The first phase of the development, which is called Harewood, would also create two new shopping streets leading to the Victoria Quarter which will include 30 shops, six restaurants, and a multi-storey car park on the site of Leeds’ former police station.

Work on first phase of the development is expected to start in spring 2014 and it could be open by 2016, if plans submitted to the city council next year are approved.

A low-carbon energy centre for the scheme has been consented which will provide heating, cooling and electricity required by the development, with the opportunity to also support neighbouring homes and businesses.

As a result of the multi-million development, the retail led scheme could generate up to 4,000 jobs in the building engineering sector, providing more employment opportunities for plumbers, electricians and gas engineers.

Councillor Keith Wakefield, leader of Leeds City Council, welcomed the announcement describing it as excellent news for the city centre and the people from Leeds as a whole.

Mr Wakefield said: “All the parties have been working behind the scenes for some months now to facilitate an agreement which enables work to begin on this important development. So to know that we now have a clear timetable from Hammerson is really exciting.

He added: “Eastgate Quarters is a hugely significant development for the city which will enable our retail sector to compete with other British cities and attract international visitors and investors. It will bring thousands of new visitors to the city as well as creating a significant number of jobs for local people.”

What is your reaction to the £600 million development in Leeds that will pave the way for more jobs in the building engineering sector and people working in the trades? Share your thoughts with us by commenting here or raising your voice on our Facebook and Twitter page.

Masterplan for 5000 New Homes Will Boost the Building Construction Industry

The London Borough of Enfield has launched a consultation on the Masterplan for Meridian Water that could see 5,000 new homes build and create 3,000 new jobs.

The new development, which has the potential to become one of the largest eco-developments in Britain, has been designed to create new opportunities for canal and riverside homes in North London.

The £1.3 billion development will pave the way for building construction work, creating new jobs for trade professionals in the building construction industry.

Enfield Council has launched a public consultation on the 82 hectares site in Edmonton, currently occupied by a former industrial building, Construction News Reported today.

The council is looking for public input about the project and the consultation will run until the beginning of August 2012, seeking the opinions of investors, stakeholders, residents and local businesses. The Council said it was planning to work closely with potential developers in order to share the future vision of the area.

The current proposals aim to set ambitious targets for sustainability, including plans for a comprehensive district heating network. Meridian Water will also deliver improvements to public transport including improved rail services on the line connecting the area to Liverpool Street and Stratford.

The Local Authority member for Business and Regeneration, Councillor Del Goddard said:  “Meridian Water is the most significant contribution to the transformation of Edmonton and it will play a significant role in driving the expansion of north London for decades to come.”

Under the masterplan written by the London Development Agency (LDA) the projects will be a significant boost for the local economy and diverse sectors of employment.

The LDA Design’s director of urban design Colin James said: “This masterplan is the first step towards bringing forward Enfield council’s vision for creating new high quality, energy efficient housing and breathing new life into employment areas. ”

What is your view of the Meridian Water Masterplan that could build 5,000 new homes and create 3,000 new jobs? Share your thoughts by leaving a comment here or on our Facebook page: 

Go to Top