MIPIM sponsor unveils vision for world class development
28 Feb 2018
The vision for a £160m world-class, mixed-use and PRS development at the western gateway to Leeds City Centre has been unveiled by property company and member of the Leeds City Region MIPIM delegation, The Parklane Group.
Plans for INC - an inclusive, contemporary and flexible approach to living and working - show the ambition to deliver a transformational space to visit, work, live and play under one roof, through a 33 storey, 45,000 sq m building in Leeds.
The proposed development site on Wellington Street, close to the Leeds’ inner ring road, would be developed into a mix of commercial, residential and leisure facilities including a 198 unit aparthotel, 163 PRS apartments, 200 co-living apartments, almost 4,000 sq m of co-working space, a bar and restaurant, swimming pool, gym and retail facilities.
This unique INC concept for Leeds aims to appeal to people from all walks of life from young professionals, to families, employers and the transient public.
Internationally renowned architects BDP have been appointed to develop the unique design for INC in Leeds and help bring forward this iconic scheme.
The Parklane Group has launched this vision ahead of attending MIPIM, at which INC will be showcased as one of Leeds City Region’s prime investment opportunities. The Parklane Group Director, Naveen Ahmed, says the scheme could be transformational for Leeds City Centre and the North. Naveen comments:
“INC in Leeds has been designed to be a city defining development, providing a step change in the PRS, co-working, hospitality and retail offer across the North of England.
“Our vision is formed around not only developing world class facilities, but creating a lifestyle that fits the aspirations of the innovative and dynamic businesses and people in our city.
“Our ambition for INC in Leeds is to create a stand-out building in the North of England, competing with schemes with a national and international profile. We want this landmark building to become an asset for the city, with accessible public space that enhances the community and offers premier facilities under one roof.
“This development will be the first of its kind in the UK and a concept that can be rolled out in other cities across the country and internationally.”
Joining the Leeds City Region delegation to MIPIM, INC in Leeds will form part of the investment propositions in the region. The Parklane Group will be in dialogue with investors and partners to attract a funding partner and occupier interest in the scheme. Leading the Leeds City Region delegation, Leeds City Region Enterprise Partnership (LEP) Chair Roger Marsh OBE said:
“Wellington Street in Leeds has seen growing investment interest over the past few years and this part of the city has become a prime investment location for global businesses.
“The vision for INC in Leeds complements the investment opportunities we have in this part of the city and proposes a unique offer to businesses and people. I look forward to hearing more about this investment proposition as part of the Leeds City Region presence at MIPIM.”
Councillor Judith Blake, Leader of Leeds City Council, said:
“We are seeing lots of interest in investing in Leeds, and it's very encouraging to see a Leeds-based developer bringing forward such ambitious proposals to create a new gateway into the city centre.”