Work begins on Logic Leeds business park
The Aire Valley Leeds Enterprise Zone has taken an important step forward as development work on the Logic Leeds site has begun.
Muse Developments and Leeds City Council have announced that work has now begun on Phase One of the Logic Leeds project which involves the construction of 200 metres of highway to link the site with the A63 East Leeds Link Road.
David Wells, development director at Muse said: “The start of work on the first phase of infrastructure at Logic Leeds culminates over seven years of preparation by Muse and Leeds City Council. It’s a fantastic step forward for the scheme and for Leeds.”
Councillor Richard Lewis, Leeds City Council’s executive member responsible for economy and development said: “It is great to see work starting on Logic Leeds. This is a key site within the Aire Valley Enterprise Zone with high prominence and great links to the motorway. Once developed this site will provide high quality industrial and warehouse units and will offer excellent employment opportunities for the area.”
Eric Wright Civil Engineering - a division of the Eric Wright Group has been employed by Muse to carry out this £500,000 first phase of infrastructure works which is due to be complete in August 2013.
Adrian Taylor, director at Eric Wright Civil Engineering added: “We are proud to be the first firm to start work on this impressive development and look forward to completing Phase One so that further phases of the development can continue.”
Businesses are being enticed to relocate to the Aire Valley Enterprise Zone with benefits such as a £275,000 reduction in their rates bill over a five-year period, superfast broadband and a simplified planning system.
As well as the standard package of benefits, business rates discounts, simplified planning and high speed broadband, the council has developed a tailored package including development funding and recruitment and training support to make it easier for companies moving to the zone.
Neil McLean, Chair of the Leeds City Region local enterprise partnership said:
“Investing in strategic improvements in and around the Aire Valley is imperative for the future of the zone, but also strengthens our offer to businesses and the city region economy. Starting the works is great news and delivering the scheme in such a short time means businesses locating in the zone can enjoy even better access in just a few months’ time”.
Logic Leeds is one of four sites being developed as part of the zone, along with Newmarket Lane, Thornes Farm and Temple Green. The sites cover a total of 142 hectares and are all located along the East Leeds Link Road, the dual carriageway that links Leeds city centre to Junction 45 of the M1.
The Aire Valley Leeds Enterprise Zone went live in April 2012. So far more than £200 million investment has been secured. This includes the Watershed Packaging factory which is well advanced and Veolia’s £180 million recycling and energy recovery facility is due to start on site later this year. The facility is part of a £480 million 25-year contract the council has signed with Veolia to recycle the city’s waste.
Despite challenging economic conditions, negotiations with a number of businesses looking to expand in the zone are continuing.
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