Caddick’s £300m Leeds SOYO scheme approved

Aaron Morby 3 months ago
Share

Caddick Development has got the green light for the first phase of it flagship £300m mixed-use scheme at Quarry Hill in central Leeds.

Caddick aims to create a sense of New York’s East Village and San Francisco’s SoMa districts at the new SOYO district in Leeds

The new district named SOYO – (SOuth of YOrk road) – will transform a six-acre site with apartments, bars, restaurants, a hotel and multi-storey car park.

Construction work will start later this year on the initial phase of 515 units, named New York Square.

The first phase will consist of two 16-storey blocks designed by DLG Architects, sitting alongside new public realm as well as 9,000 sq ft of co-working space within the wider masterplan.

Once completed, the homes will be managed for the long-term under Caddick’s Moda brand, with a 24-hour concierge service and round-the-clock maintenance provided.

The Moda model is based on what is available to renters in the United States, where professionally managed rental apartment complexes filled with amenities – known as ‘multifamily housing’ – have been around for decades.

Backed by Apache Capital Partners, Moda has a £1.75bn development pipeline of 6,500 homes, with high-profile city centre schemes underway in Birmingham, Edinburgh, Glasgow, Liverpool, Manchester as well as Leeds.

The Caddick Group is aiming to inject a sense of New York’s East Village and San Francisco’s SoMa districts to Leeds by working with the existing cultural institutions such as the BBC, Leeds City College, Leeds College of Music, the Northern Ballet, Yorkshire Dance, Phoenix Dance, West Yorkshire Playhouse, the Wardrobe and Future Sounds.

SOYO was recently announced a principal capital partner, along with solicitors Irwin Mitchell, for West Yorkshire Playhouse, which will see the developer financially and practically support the Playhouse during its £14m face-lift due to start in June.

Neighbouring Leeds City College is onsite with a £57m new campus, revolutionising the city’s digital, creative arts and health sciences provision.

Johnny Caddick, director at Moda and Caddick Developments, said: “Being right on the doorstep of major cultural institutions, at the heart of a brand new neighbourhood and on the cutting edge of the latest lifestyle trends, New York Square at SOYO will be one of the best places to live in Leeds.”

Latest news

Spurs stadium builders earning more than the players

Team of 3,800 construction workers now on site to get job finished
19 mins ago

Winners revealed for London Development Panel 2

29 organisations secure places on huge housing framework
14 hours ago

Green light for Mace £70m Sheffield PRS and student

Mace ramps up student development business with fourth project
25 mins ago

Wates wins £70m Barnet council building upkeep deal

Builder will maintain nearly 100 public buildings in North London Borough
20 mins ago

York Council retenders Interserve Guildhall revamp

Bids to be invited in January for Grade I building refurbishment
1 hour ago

Stantec to acquire Peter Brett Associates

Latest deal adds another 700 professionals to the expanding Stantec team
19 hours ago

Balfour boosts profits despite another Aberdeen road hit

Build to Last programme on track but Aberdeen Western Peripheral Route losses rise to £135m
23 hours ago

War of words starts over Spurs stadium delay

Tottenham board "hugely frustrated" by eleventh hour report of problems by Mace
24 hours ago

NG Bailey reveals £2.2m Carillion hit

M&E firm reveals cost of stalled Midlands hospital project
22 hours ago

Leading steel fabricator falls into administration

Rippin goes under due to slow paying customers and orders slowing down
2 days ago

Four clinch £500m Midlands highways framework

Balfour Beatty, Eurovia, Galliford Try and Morgan Sindall bag medium schemes framework places
1 day ago

Kier confirmed for London £27m biomedical labs job

Work to start later this year on  London School of Hygiene and Tropical Medicine project
24 hours ago

Ex O’Rourke site leader to oversee Everton stadium scheme

Major project veteran Colin Chong to oversee move to Bramley-Moore Dock
1 day ago

Spurs confirm stadium opening delay

Tottenham holding urgent talks with Mace and trade contractors
2 days ago

Crane drivers threaten “autumn of anarchy”

Unite members at mobile giant Ainscough in strike threat
3 days ago

Plan submitted for vast York Central redevelopment

Work on York 45ha railway land redevelopment could start next year
2 days ago

Construction start date for office scheme next to Crossrail

Workspace giant HB Reavis acquires Farringdon site
2 days ago

Road and commercial delays hit Polypipe profits

Residential sector still booming and materials giant confident about rest of the year
2 days ago

Boot submits Nottingham £60m warehousing scheme

Building work set to start by autumn 2019
2 days ago

Ikon blames collapse on site death investigation

Trade creditors owed more than £9m as assets sold to new firm set up by former directors
3 days ago

Construction Enquirer Awards Top Ten winners revealed

More than 15,000 votes cast already. Book now for the big night
3 days ago

£560m Welsh healthcare framework winners

Four contractors secure NHS Wales major project pipeline
3 days ago

Balfour Beatty starts Mayfair luxury flats

Luxury 32-flats scheme is being built at 60 Curzon Street
3 days ago

Boost your online presence – join the new Enquirer Directory

New site for suppliers and buyers will showcase their products, services and latest stories
4 months ago

Yorkshire Water starts bid race for £1bn AMP 7 work

Selected firms will deliver works not covered by tier one alliance partners
3 days ago

Plans in for £350m Leicestershire warehouse hub

IM Properties submits plan for 3.6m sq ft logistics hub near the M42
3 days ago

Redrow plots £180m Brentford mixed-use scheme

House builder teams up with social housing provider for 450-flat London scheme
3 days ago

Galliford Try wins £11m Coventry swimming pool

Olympic-size pool to be built within leisure centre on 3G football pitch site
3 days ago

Track workers dive for their lives to avoid 125mph train

Agency staff scared to challenge unsafe system of work
6 days ago

Green light for 540-home Shoreham harbour resi scheme

Southern Housing Group to start 10-building development at disused Wharf
6 days ago

Contractor services