Carillon wins contract for £80m regeneration development in Leeds

Homes and Communities Agency has awarded a contract to Carillion to deliver the regeneration of Tower Works in Holbeck Urban Village on Leeds’ South Bank.

The 1.17 hectare site is a former industrial location, which houses three listed Italianate Towers from which the site derives its name.

Carillion has been tasked to deliver 90,000 sq ft of commercial office space, 24,000 sq ft of retail, restaurant and bar spaces alongside a mix of one, two and three bedroom apartments and townhouses, transforming the site into a mixed-use, sustainable community.

The value of the proposed development is approximately £80m and a site-wide masterplan will be submitted for planning approval shortly, subject to which construction work is expected to begin in Spring 2016.

This contract adds to the £1.7bn of new business that Carillion has won since the half year, as announced on 12 October 2015.

Richard Howson, Carillion Chief Executive, said: “We are very pleased to have signed this contract with Home and Communities Agency, having worked closely with them and Leeds City Council on this important regeneration project. Together, we have developed a vision for the regeneration of one of the most important landmark sites in Leeds that will create a sustainable community, which meets the aspirations of all stakeholders.”

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