Thorpe Park Developments Ltd is delighted to announce a deal to sell a significant 20.3-acre development site at Thorpe Park Leeds to Redrow for the delivery of up to 300 new homes. The deal with Redrow, which is one of the UK’s leading house builders, forms part of a wider plan to deliver the residential element in phase two of the mixed-use development plan.
Redrow’s Yorkshire operation will develop housing with an anticipated finished worth of almost £70 million. Redrow will also be responsible for a package of community benefits worth circa £1.85 million, including contributions to education and public transport, in addition to wide ranging community provisions by Scarborough Group as part of the overall scheme.
Matthew Barker, land director for Redrow Homes (Yorkshire), said: “We’re very excited to be involved in the Thorpe Park Leeds project and, with it, the wider East Leeds Extension, which is the largest housing development in the Leeds City Region. The Manston Lane Link Road is due to open during 2017, which will enable works to commence on the Thorpe Park Leeds residential area. We will submit a reserved matters planning application during 2016 so that we are ready to progress as soon as possible.”
Redrow expects to build mostly two, three and four-bedroom homes and some one-bedroom apartments. Work will hopefully commence in 2017 with completion of all 300 homes anticipated by 2021. Redrow’s development will be a ‘gateway’ to the eventual creation of up to 7,000 homes including the East Leeds Extension. The Thorpe Park, Leeds development will deliver the primary infrastructure to kick start the new East Leeds Orbital Road (ELOR) and the initial site preparation works have already commenced to connect Manston Lane, Crossgates, to J46 of theM1.
In addition to the housing, Thorpe Park, Leeds has planning consent for a transformational 1.35 million sq ft mixed use expansion of the existing 800,000 sq ft business park. Preparation work is already underway to deliver a new 300,000 sq ft shopping and leisure park and a first phase of 40,000 sq ft of offices. The development also includes a 113-acre public park with sports facilities.