2018 is coming to an end. Leeds has seen an eclectic mix of regeneration schemes helping to reshape the region and progressions in local infrastructure making access in and out the city easier. Next year aims to build on the success of this year. The city’s prospects look promising as big developments are in the pipeline to progress the region further.
Advancements in roads are helping to ease traffic and congestion, making access for commuters easier and more convenient. Work on the East Leeds Orbital Road commenced late this year with over 7.5 kilometres of dual carriageway aimed to connect north and east Leeds together. At a cost of approximately £80 million, it is one of the biggest infrastructure projects that has occurred in Leeds over the last 50 years.
One of Leeds’ hidden gems is expecting a major transformation. Live music venue Howard Assembly Room is part of an English opera company based in Leeds, will soon have a big part to play in the redevelopment of the city. Opera North has been given the go ahead to create an £18 million world class centre of music within the Grade II listed building. New plans will create a whole new arts complex, complete with its own entrance and box office. Restaurants and bars will help to create a fresh new look, fused together by a state-of-the-art glass atrium.
Similarly, Leeds Playhouse is in the middle of a £15.8 million refurbishment due for completion mid-2019. This will be the first revamp of the site in almost 30 years as the plans introduce a new restaurant, bar and coffee shop. One of the most significant changes this area will experience is a brand new 100-seater theatre.
Leeds is a city renowned for its innovation and always being one step ahead, but educational facilities seems to be a significant focus. A £40 million innovation centre is set to open in Leeds University in early 2020 standing at around 6,684 square metres. The objective is to design an area including office space, 12 purpose-built laboratories, 11 meeting rooms and a 120-seat lecture theatre spread over 6 floors.
Due to state of the art facilities, students both from the UK and overseas will be drawn to Leeds University, presenting a perfect opportunity for investors to capitalise on the burgeoning market. RW Invest property investment specialists have recognised the need to increase the standard of living to draw in students from around the globe.
Leeds Bradford Airport has been confirmed for a major upgrade, as it prepares to serve a record number of passengers since operation began in 1931. The new £12 million terminal building will add space to the existing airport and confirm its reputation as one of the UK’s fastest growing airports. Serving more routes, through more departure gates and the latest customer and baggage claim facilities, the new plans should create a more pleasant experience at a fraction of the time.