Market Leads & Opportunities

Details of second Aire Park phase revealed

Source: https://www.insidermedia.com/news/yorkshire/details-of-second-aire-park-phase-revealed

Vastint UK has revealed details of the final phase of its Aire Park development in Leeds South Bank, including hundreds of homes, leisure facilities, cafe and restaurants and a multi-storey car park.The proposals include 502 one-, two-, three- and four-bedroom homes, including affordable housing, 20,000 sq ft of leisure space, earmarked for cafes, restaurants and cultural activities, and a 500-space multi storey car park.Plans are being shared during a public consultation period which is due to end on 10 April 2024, before the final plans are submitted to Leeds City Council later this year.The plans also include the final element of the park and extended public realm. Following the extension, the park is set to be the largest new city centre green park in the country, including additional outdoor event space for cultural activities.Simon Schofield, head of development at Vastint UK, said: “Moving into the second phase of the Aire Park masterplan is a really exciting time. We are already underway with 290,000 sq ft of commercial space and have seen strong demand from the market already.”Along with our recently revealed ambitions for The Tetley building and the ongoing plans for the first residential homes within Aire Park, phase two of our masterplan expands the site to the other side of Crown Point Road.”As long-term investors in Leeds, we’re excited to be bringing new spaces forward for residents and visitors to enjoy. Revealing these plans shows our ambition to not just regenerate part of the city’s South Bank but to create a vibrant neighbourhood that is socially, economically and environmentally sustainable, breathing new life into this area of Leeds.”Once completed Aire Park will include 1,400 modern homes, and more than one million sq ft of mixed-use office, retail, leisure and commercial space. Anchored around an eight-acre public park with the refurbished Tetley building at its heart.Vastint outlined details of its plans for the Tetley building last year, with Kirkstall Brewery recently confirmed as the operator.