UK: Developer Town Centre Securities (TCS) has submitted plans for a 1,110-bed PBSA development in Leeds, on a site previously consented for office development.
The proposals will see two new buildings created, offering studios, cluster accommodation, residents’ lounges, coworking spaces, meeting spaces, a cinema, gym and karaoke room.
In addition to converting the 1960s built 13-storey Wade House office building at the Merrion Centre, TCS will deliver a new 35-storey tower on the site of 100MC, which was previously consented as a new-build office scheme.
Edward Ziff, chairman and chief executive of TCS, said: “We have identified significant untapped potential within our Merrion estate, strategically positioning it for future growth. We are delighted to submit this crucial planning application which signifies the commencement of our upcoming strategy for the Merrion Centre. Our dedication to investing in and enhancing this mixed-use city centre destination is resolute, and we are excited to embark on this next phase of development.”
“The surrounding location and demographic has continued to evolve over previous decades, more recently with the first direct arena and numerous student and residential developments. These changes are set to continue with further developments coming forward including the proposed Convention Centre on Merrion Way. Our proposition and offer across the Merrion Centre has consistently evolved to address the changes in demand across the retail and leisure elements. This application has been carefully considered to strike a balance of reuse first with the re-invention of Wade House. The two buildings provide a rare opportunity to deliver a complimentary student offer which will benefit from the vast array of retail and leisure amenities that the wider estate offers,” he added.
