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Business news 20/04/2022

Leicester City Mayor Visits 350 Unit Housing Development in Leicester

National housebuilder Keepmoat Homes welcomed City Mayor, Peter Soulsby, to its latest development in Leicester, Waterside.

During the visit, the Mayor and accompanying Council members were given an in-depth tour of the 17.2- acre development, located on Frog Island including visiting the new showhome, The Barkby. Alongside the tour, the City Mayor also met with the first residents who have already moved into their new homes at the development, gaining an insight into what city living is like in the transformed area.

Overlooking the Grand Union Canal, Waterside is an exciting new development featuring a mix of over 350 new one- and two-bedroom apartments and two-, three and four-bedroom homes, aimed at working professionals aspiring for sustainable city living on the waterfront with an enviable urban design, and including at least 55 affordable units.  In addition to the new homes, homebuyers will also benefit from new public green spaces and a new canalside path opening up the waterfront, along with 60,000sqft of Grade A office space.

 

 

City Mayor Peter Soulsby said: "Leicester’s waterside has for a long time had immense potential for regeneration, and bringing that redevelopment forward for the benefit of the city has been a long-held ambition of mine.

“These new homes are a key part of that, and the catalyst for the surrounding waterside developments. The city council’s regeneration strategy for the city has included assembling this brownfield site using £25m of grants and council funds to compulsorily purchase run down and disused areas along the River Soar, as well as securing outline planning consent for these new homes.

“We’ve worked closely with Keepmoat Homes as our development partners to reach this important stage in making Leicester’s waterside a vibrant, attractive area in which to live and work.”

Since 2015, around 1,000 new houses and apartments have been delivered in the waterside area, along with around 1,000 student spaces, the Novotel and Adagio (200-beds), new bowling alley and over 75,000sqft of new office space built at Friars Mill, Great Central Square and Northgate Street.

Shaun Fielding, Regional Managing Director at Keepmoat Homes said “We’re thrilled to have hosted the City Mayor and members of Leicester City Council, so that they can witness the great progress that we’ve made at Waterside and how the new housing development will provide the people of Leicester a great place to live.

“We’ve worked collaboratively with Leicester City Council and the City’s design team to create a development of bespoke houses and apartments, formed within an incredible urban layout which has already attracted potential new homeowners to the area, who will further enhance the city’s economy.”

Work at waterside is expected to take five years to complete. 

The news comes after Keepmoat Homes’ East Midlands team recently relocated their office to Keepmoat Homes East Midlands, Unit 1, Interchange 25 Business Park, Bostocks Lane, Nottingham NG10 5QG.

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