Preferred contractor for first phase of £350m South Bank scheme

CEG has named a preferred contractor for the first phase of a new £350m development at Leeds’ South Bank.BAM Construction has been selected for the project, which will include will a 38,000 sq ft speculative development incorporating office space with ground floor break out space, retail and leisure.The news was announced last night (25 September 2019) at the launch of Temple, a new district within the city centre forming part of the South Bank Regeneration Area of Leeds adjacent to the train station.Temple includes the 8.69-acre sites around Water Lane and Globe Road which CEG secured planning permission for last year, as well as the historic grade I-listed Temple Mill, which was acquired in early 2018.The Water Lane site housed John Marshall’s (king of the flax industry) first two Mills in this area of Holbeck in the eighteenth century.Following further detailed design work, BAM will start building the first 38,000 sq ft office development at Globe Point in early 2020.The second phase, which also has detailed planning permission, could be developed simultaneously, with agents Fox Lloyd Jones and Knight Frank currently identifying occupiers. This building would comprise 138,168 sq ft with ground floor retail and leisure.