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17/05/2018

SOYO scheme in Leeds receives green light

Build-to-rent / iStock-488120139

Planning permission has been granted for the first phase of the £300 million SOYO mixed-use scheme in Leeds named New York Square.

Named New York Square after nearby New York Road, the scheme will include a range of on-site shared facilities free for all residents to use, including a cycle café, communal lounges, roof terraces and fitness centre.

Construction work on the initial phase of 515 units will start later this year, and will be delivered by Moda.  

The 515 homes will be spread across two 16-storey blocks, and sit alongside new public realm as well as 9,000 sq. ft. of co-working space within the wider masterplan.

The Caddick Group aims 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, and Future Sounds.

Caddick Developments wider plans for the SOYO district includes a new hotel, bars, restaurants, a multi‑storey car park and public realm to be delivered over the coming years.

Long-term flexible family-friendly leases of up to five years will be available, for renters to enjoy the same security of tenure homeowners have.

Johnny Caddick, director at Moda and Caddick Developments, said: “Being at the heart of a brand new neighbourhood, New York Square at SOYO will be one of the best places to live in Leeds.”

He added: “The focus on service, technology and amenity provision at New York Square will raise the bar locally for renters.”

Image credit / istock

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