Market Leads & Opportunities
Plans in for job-creating Leeds employment development
Plans have been lodged for a development of more than one million sq ft of employment space in Leeds with the potential to support the creation of about 2,000 jobs.Sterling Capitol, supported by Spawforths and The Harris Partnership, has submitted a hybrid application to Leeds City Council for a 95-acre site at Capitol Park Leeds, by Junction 28 of the M62.The site is currently arable land, along with a number of farm buildings, at Topcliffe Farm, with the majority previously undeveloped.The application seeks full planning consent for demolition of the existing buildings on the site, earthworks to form development platforms, landscaping and access.Outline approval is sought for a total of 1.11 million sq ft of space for storage and distribution use (B2 and B8), with ancillary offices, as well associated infrastructure and servicing.The masterplan for the site suggests that a range of units of between 42,000 sq ft and 530,000 sq ft could be built.It has been estimated that the development would support the creation of about 1,890 gross direct, indirect and induced jobs, as well as about 175 roles during construction. It could also generate about £75.5m GVA (gross value added) per annum.If approved, work could start on site in mid-2022, with completion potentially by mid-2025.The development would form an extension to Sterling Capitol’s Capitol Park Leeds scheme, which is home to occupiers including Barratt Homes, Hermes and NHS Shared Business Services.Sterling Capitol and PLP entered into an agreement to bring forward the new development in November 2020.
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