Council leader welcomes funding boost for regeneration projects

Chancellor Rachel Reeves confirmed the multi-million pound package of funding – which will help drive forward work already being spearheaded by the council – while speaking at the UK's Real Estate Investment and Infrastructure Forum in Leeds today (Wednesday, May 20).

The central government funding will support regeneration projects in locations such as West End Riverside, Meadow Lane and the Temple district, where plans are in the pipeline to bring the Grade I listed Temple Works building back into use.

Councillor James Lewis, leader of Leeds City Council, said:

“The announcement made by the Chancellor in Leeds today is a real vote of confidence in our city and the opportunities offered by the transformation of its former industrial heartlands.

“The council and its partners have achieved great things with a whole range of regeneration projects in recent years, but we know there is still more to do before Leeds’s full potential is unlocked.

“This funding will help us to collectively meet that aim, not least by supporting the delivery of much-needed homes in key strategic locations such as West End Riverside and Meadow Lane as well as the Temple district, where we are already working hard alongside partners to breathe new life into the Temple Works building.

“The funding will also, by facilitating the creation of commercial and leisure space, strengthen even further the reputation of Leeds as a brilliant place to do business and, crucially, a city with an economy that works for everyone.”

Today’s announcement follows confirmation yesterday that Homes England – central government’s housing and regeneration agency – will provide a £16m infrastructure grant to Caddick Group to help deliver Leeds South Village, a new mixed-use neighbourhood in the city’s South Bank area.

ENDS