Helios powering ahead at Leeds
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Helios and JV partner Marrico have bought a 2 acre site in Leeds city centre from the City Council for a development of 578 apartments to rent. The site at Lisbon Street is the former International Swimming Pool site which was put out to tender by the Council in a process involving 27 bids of which ours was successful.
The apartment scheme will be the second of four phases and is due to commence on site in early 2025. The first phase comprising student accommodation is already under construction and will complete next year.
The apartment building will comprise two towers of 32 and 28 storeys sitting on common podium which will house a gym, residents lounge and communal areas. The estimated value of the completed development is £180m.
Once home to the Leeds International Swimming Pool, demolished in 2009, this site has been temporarily used as a car park since.