Leeds’ first speculative shed development since the recession is expected to win planning approval next week.
Conditions and reserved matters on Muse’s plan for the first plot at its Logic Leeds site are likely to be approved on Friday 12th September.
Following the signing of a landmark £2.5m grant agreement with Leeds City Council, funded through the government’s Building Foundations for Growth programme, construction of the 80,000 sq ft industrial unit at
Logic Leeds will begin in October.
The building, which will include 4,000 sq ft of offices and 100 car parking spaces, is the largest of its kind to be speculatively developed in West Yorkshire since the recession.
The £220m Logic Leeds scheme will offer 1.4 million sq ft of development space, including some smaller ‘own front door’ units, on virtual freehold or leasehold terms.
A development agreement has been signed with the site’s owners, the Trustees of the Lord Halifax Estate, with land to be drawn down over the next 10 years.
The scheme is served by the east Leeds link road (A63), connecting Leeds’ inner ring road with the M1 at junction 45. It also forms one of the major sites within the Leeds City Region’s Enterprise Zone.