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Tower Works Regeneration Scheme Moves Forward

October 21, 2015 | Landlord News  

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Carillion, a construction and support company, announced this week that they have secured a contract with the UK Homes and Communities Agency to take on the redevelopment of the Tower Works site in the South Bank area of Leeds.

The Tower Works is an old mill in Holbeck Urban Village, and is one of the most iconic group of buildings in the city. Carillion will build 90,000 sq ft of commercial space on the 1.17 hectare site, incorporating the three grade II-listed Italianate Towers as part of the masterplan. They are the preferred bidder to develop the Engine House complex at the centre of the site, which is expected to be converted into an art-house cinema and boutique brewery.

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Also planned for are 147 new one, two, and three-bedroom apartments and town houses, as well as 24,000 sq ft of retail, restaurant, and bar spaces.The site will be transformed into a mixed-use, sustainable community with its own distinctive character.

The combined value of the proposed development is said to be £80 million, adding to the £1.7 billion of new business that Carillion have won since the end of June. A masterplan will soon be submitted for planning approval, with construction scheduled to begin on site in the spring of 2016.

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