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From the next executive board meeting on Tuesday.

To consider the report of the Director of City Development that provides an update in relation to the Capital Receipts Programme, to seek support to the continued disposal of surplus property assets, and to recommend the disposal of a number of key sites.

Lisbon Street – A 1.12 hectares mixed use development site with potential for office, residential, hotel and education uses together with an area of public realm as identified within Plan 1.

Following Executive Board approval in 20 March 2019 a marketing campaign was undertaken and the Council has subsequently received a number of offers which have been reviewed internally. A number of parties have been shortlisted and final submissions and offers were received on 18 November 2019.

It is envisaged a report will be taken to Executive Board in February 2020 to select a preferred and a reserve bidder. On the assumption that a conditional contract for sale is agreed, it is likely that the capital receipt could be secured in 2021/2022.
The documents also say the Leonardo and Great George Street building should sell 2019/20, they don't say to whom however, see the entry regarding this site.

In particular the sale of the Leonardo complex of offices is not proceeding as anticipated, although work is taking place to complete the sale by the end of the current financial year.
Sovereign Square plot B due to sell 2020/2021.

Meadow Lane Development Plot to sell 2021/2022
 

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https://www.yorkshireeveningpost.co...h-plans-leeds-international-pool-site-2477703

Green light expected on fresh plans for Leeds international pool site

A report written by Leeds City Council officers claims a preferred backup bidders have been chosen to redevelop the Lisbon Street site, but the details of which have been kept hidden for commercial reasons.

The report stated such a move would continue the development of the city centre’s so-called ‘west end’, with after permission was granted in January for a 17 storey, 330,000 square foot office development on a nearby site at Wellington Street.

Shortlisted bids for the site have been reviewed, with the document recommending accepting both a preferred and a reserve bid to redevelop the site.

It added: “The disposal and development of the Lisbon Street site will provide a timely supply into the city’s construction pipeline to bring forward city centre growth as part of mixed used development.

“In doing so the disposal of the site will contribute to the outcomes of the Leeds Inclusive Growth Strategy, specifically the target to double the size of the city centre and in doing so increase the economic output.”

On the confidential details of the bids, the report stated: “The information contained within the confidential appendix attached to this report relates to the financial or business affairs of a particular person and affected parties (including the authority holding that information).

“This information is not publicly available from the statutory registers of information kept in respect of certain companies and charities. It is therefore considered that this element of the report should be treated as exempt under access to information procedure rules.

The building had long divided opinions in Leeds, and was seen as an example of the ‘brutalist’ architectural style popular in the 1960s.

Leeds International Pool was opened in 1967, having been designed by controversial architect John Poulsen. It closed in 2007 before demolition began in 2009.

Although designed to host international swimming competitions, the 50-metre pool was just centimetres short of Olympic length regulations, meaning major events could not be held there.

The building was supposed to be replaced by a skyscraper called The Spiracle, a 24-storey apartment block, but the proposals were abandoned following a downturn in the residential property market. Since 2010, the council have operated two surface car parks on the site.

The report concluded: “The Lisbon Street site is a valuable and strategic development opportunity to further enhance the growth of Leeds city centre and support the delivery of the Leeds Inclusive Growth Strategy.

“The marketing exercise for the disposal of the site has now been concluded and offers have been received by the Council. These have been duly considered and both a preferred and reserve bid can now be recommended to Executive Board for approval.”

Leeds City Council’s executive board is set to meet on Wednesday, March 18.
 

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The council should make the sale of the land contingent upon the developer actually building the scheme. There was a lot of fan fair about the Rossington Street Leonardo buildings and nothing actually happened.
 

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A developer packages up a proposal a then effectively sells the scheme to an investor. A good rule of thumb is no investor = no construction. There’s no way any developer would accept a legally binding obligation that mandated they had to get an investor on board, so the site wouldn’t get sold at all. The council could chose to sell the land to a consortium that operated as a combined developer / investor, but how are many out there? Even then why would anyone accept a condition that might force them to invest in the future when market conditions, even at the best of times might change. They could invest pretty much anywhere else in the world that didn’t have these restrictions.
 

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From the businessdesk.com:

Developer selected for planned £270m scheme at former pool site




Leeds City Council has selected a preferred developer for the site of the city’s former International Swimming Pool – with proposals for a £270m redevelopment.

It is hoped the project could act as a springboard for further investment in the west end of the city centre.

Marrico Asset Management and Helios Real Estate have been selected as the preferred developer for the 2.8 acre site on Lisbon Street.

Marrico and Helios intend to submit a planning application by the end of the year to deliver ‘Lisbon Square’, a high-quality mixed-used development of 500 student apartments, 400 residential apartments, a 300-bed hotel, and 150,000 square-feet of office space.

Lisbon Square would feature a significant public realm development at its heart, which would be of a similar scale to Sovereign Square and will complement nearby Park Square.

Marrico and Helios intend to submit a planning application by the end of the year for the site, which has been used as a council car park since the pool’s demolition in 2009.

If planning permission is granted, work would begin in 2021.

The development could form a key part of further investment and resurgence in the west end of the city centre.

In January, planning permission was secured for a 17-storey office development on neighbouring Wellington Street, along with the major redevelopment of Wellington Place.

Councillor James Lewis, deputy leader of Leeds City Council and executive member for resources, said: “We are excited by the Lisbon Square proposals, which would transform the former pool site and play a key role in bringing more investment and growth into the west end of the city centre.

“The development would support our efforts to double the size of the city centre, helping to boost the wider city economy by providing more jobs and opportunities, while at the same time providing a vibrant, world-class public space.

“The funds from selling the site would also support the delivery of crucial council services and tackling the budget gap we face.

“We look forward to seeing this plans come forward for consideration.”

Marrico’s managing partner, Mark Barnes, said: “We are delighted to have been chosen by Leeds City Council to develop this site.

“This highlights our expanding development profile and ability to maintain momentum despite current economic challenges.

“This achievement is a testament to the commitment and professionalism of our team.

“Since selection we have spent the intervening period refining our design to meet the changing needs of the market. The result is a scheme which would be a major asset to the city.”

Trevor Cartner, the Helios chairman, added: “This is undoubtedly the best remaining site in Leeds and our scheme would bring together a number of end users who will contribute to what will be a vibrant new area.

“We are working with a student operator who will own and operate the student accommodation together with a major hotel brand.

“The apartments and offices would be released to the market and we anticipate very high demand.”

Richard Bland at Marrico LLP, said: “There was a positive momentum in the UK economy together with the strong growth in Leeds prior to recent times, market sentiment and occupier demand means that there are a number of larger, ‘live’ and forthcoming requirements coming forward.”
 

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Interesting that this has emerged now. What else have DLA done in Leeds?
I had a peek on their website and could see they've done quite a lot. Headingley Emerald Stadium, Leeds Arts University, Newlyn Building and Esther Simpson Building at Leeds University, The Foundry, the replacement for Kitson College on Woodhouse Lane, 2 Sovereign Square, Central Square, St Cecilia Place (Quarry Hill), Roberts Wharf, St Paul's House and 12 Kings Street.
 

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I had a peek on their website and could see they've done quite a lot. Headingley Emerald Stadium, Leeds Arts University, Newlyn Building and Esther Simpson Building at Leeds University, The Foundry, the replacement for Kitson College on Woodhouse Lane, 2 Sovereign Square, Central Square, St Cecilia Place (Quarry Hill), Roberts Wharf, St Paul's House and 12 Kings Street.
Sounds like quite a good list - lets hope they deliver something worthy.
 

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Here's the new major PreApp news for this site:

. Planning design by DLA Architects
. Applicant is Lisbon Street Developments Ltd

  • Two residential towers of 33 and 22 stories, with basement car parking
  • Student residential of 24 stories
  • Aparthotel of 15 stories
  • Outline planning for office building of 11 stories, with basement car parking
  • Major enhancement to the landscaping
  • Major upgrade to the footbridge provision over the inner ring road
Pre app report here:

1484798
 

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As outline proposals go it sounds promising, 33 & 22 stories of residential is showing real confidence. Materials wise, I saw mention of it being metal clad with stone look and bronze mentioned (no aluminium, at least so far) with glazed frontages at street level. Look forward to seeing the full application for more details.
 

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Some movement at least, especially if we get 33 storeys (although to be honest, I would say you could go taller on this site if desired). I do have some reservations about the layout and open space though.

Those spaces that are close to the curved IRR will surely be dead - mostly in the shade from the buildings and facing the very busy motorway. Would it not be better to bring the buildings, even if just a podium, up to the curve and instead maximise the central green area?
 
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