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Caddick launches £300m Leeds SOYO district plan

Source: http://www.constructionenquirer.com/

Wetherby-based construction and property giant Caddick Group has unveiled ambitious plans for a £300m scheme to create a new neighbourhood in central Leeds.The new district named SOYO – (SOuth of YOrk road) – will transform a six-acre site at Quarry Hill with apartments, bars, restaurants, a hotel.High-end rental housing will form a key part of the SOYO vision, with 515 apartments delivered by Moda Living. The DLG Architects designed homes will be spread across two 16-storey blocks and the twin buildings will include 9,000 sq ft of commercial space, which could be on site from Spring 2018.While SOYO is a development in its own right, Caddick Developments has been working with neighbours like West Yorkshire Playhouse, which is set to have a £14m facelift, and Leeds City College, which has invested £57m into its new campus in the area, to make a collective change to Quarry Hill.Caddick Group is one of the biggest landowners in Leeds city centre and has delivered some of the region’s biggest developments, from Vanguard Retail Park in York to Crosspoint 33 distribution centre outside Wakefield as well as Trinity Leeds.The company also owns the development land at Leeds Valley Business Park and the City One site in Leeds South Bank, and is currently spending £40m revamping Leeds stadium.