Town Centre Securities appointed developer of George Street site
Town Centre Securities has been selected by Leeds City Council to develop a major new scheme in, Leeds. The project will deliver 117 separate aparthotel units as well as nine ground floor retail and catering units.
The total development value is expected to be £20m and work on site is due to commence in the first quarter of 2019 with completion in 2020. The development will be undertaken as a partnership between TCS and Leeds City Council, with the Council acquiring a 50 per cent ownership of the completed development.
Edward Ziff, chairman and chief executive at Town Centre Securities said: “Leeds has seen an influx of visitors and businesses and we are delighted to have secured this scheme to deliver additional accommodation capacity in this sought-after location. We are confident this scheme will further enhance the regeneration of this area of Leeds.”
