We have secured planning approval for the final phase of our SOYO development at the heart of Leeds’ cultural quarter.

Blocks A and D were approved by Leeds City Council’s City Plans Panel in November.  Both will provide new student accommodation.

Both blocks will comprise of a mix of studio and cluster flats, with the overall design complementing the rest of the new neighbourhood. Block A will bring 360 student units to the neighbourhood, adding to the 291 units due to be created at Block D.

SOYO began construction in 2019, bringing in a new mixed-use development to the Quarry Hill area, creating a new neighbourhood at the heart of Leeds’ cultural quarter.

The first two buildings, Moda New York Square, opened in 2022, comprising 551 studios and apartments.

The latest buildings, Madison East and Mercer West for Hestia, are due to open to residents in the new year.

Our Associate Director, Alistair Smith, said: “We are pleased to receive approval on both Blocks A and D from Leeds City Council. With this, we can now progress the final phase of SOYO and complete this exemplar development that has already brought significant jobs and investment to the city.

“The consultation phase was very positive, and we received great responses to our proposals for both blocks which helped inform the final presentation of the plans to Leeds councillors. Through our ongoing collaboration with the local community and surrounding cultural institutions, we are already seeing the positive change that SOYO is bringing to this area of Leeds, cementing its status as an exemplar regeneration story for the city.”

Residents at Blocks A and D will benefit from a range of amenities, including a 24hr gym, keyfob secure entry, study and collaboration spaces, and roof-top gardens.

The final phase of the development will also complete the landscaping plans, creating one of the largest landscaped spaces in Leeds.

The project team includes ID Planning, Box Clever, DLG Architects, Fuse Architects, Re-Form Landscape Architecture, Roscoe, Tate Consulting, Richard Boothroyd and Associates, Fore Consulting, Jensen Hughes, Jameson Acoustics, Stroma Building Control, Ridge and Partners and Carbon-Climate-Certified.

We have reached practical completion of Farington Park in Leyland, in preparation for handing over the brand new 544,000 sq ft logistics hub to anchor tenant, Victorian Plumbing, a leading northern-based bathroom supplier.  

This facility, strategically positioned between J28 and J29 of the M6, allows Victorian Plumbing to enhance their operational capabilities and bolstering the quality of new jobs in the region.  

This is a result of a funding deal between Caddick Developments, Goldman Sachs Asset Management and Canmoor, planning permission for phase one Farington Park was granted to Caddick by South Ribble Borough Council in April 2022, following extensive consultation with local residents, businesses and stakeholders. 

Once both phases are fully operational, Farington Park will support up to 1,100 jobs and take its place as one of the region’s most prominent logistics schemes, serving the growing demand for industrial space across the North West.  

Our Development Manager, Tom Park, said: “Our Group structure means that we can work seamlessly with our construction division, giving us the ability to react quickly to both investor and occupier demand in unlocking the full potential of challenging sites. This project is the culmination of many years of work from our teams and we’re particularly pleased to have been able to work alongside an excellent investor partner, Goldman Sachs, to deliver this much needed landmark scheme. The development will address a huge need for high-quality industrial and logistics space within the North West, as well as echoing our commitment for creating spaces which benefit both people and planet.”  

 Construction of the new development, overseen by Caddick Construction, has included a number of features to enhance and increase access to nature. Achieving 20% Biodiversity Net Gain, Farington Park has seen the team de-culvert a nearby river to open up new habitats for local wildlife, alongside committing to extensive landscaping and investing £500,000 to complete a section of the Leyland Loop cycleway.  

 Paul Dodsworth, Caddick Construction Group Managing Director, commented: “Throughout construction, we have worked closely with our Group partners at Caddick Developments to ensure Farington Park serves as a thriving commercial hub for Victorian Plumbing while being sensitive to the local area through a host of biodiversity and sustainability measures. We’re looking forward to continuing this collaboration as we begin the fitout of the unit.”
 

Throughout construction, the team has also delivered a comprehensive social value strategy, including a host of local opportunities for training and employment. 

 This has included Lancashire student, Isabelle Roberts, who undertook a programme of work experience alongside her A-Levels and has since started a Quantity Surveying apprenticeship with Caddick Construction. 

 Efforts to positively impact the local community also saw the project support four apprentices, two work experience placements and a 77% local workforce, as well as undertaking mentoring and interactive career sessions with Bridgeway School. 

 The team also raised £8,000 for Leyland and Preston-based charities, including work with Chorley-based Inspire Youth Zone, which offers 5,000 local young people a place to connect and learn new skills during the school holidays. 

We’re inviting members of the public to help shape proposals for the latest phase of SOYO, the new neighbourhood at the heart of Leeds’ cultural quarter. The proposal for Block A, which would be the final phase of the development, following a successful round of public consultation held in November 2022 for Block D, which is currently awaiting a decision from Council planners.

The proposals for SOYO Block A seek to bring an additional 360 high-quality student accommodation units, on top of the 291 units in the proposals for Block D. The accommodation will be comprised of a mix of studio and cluster flats, with students able to enjoy the benefits of living in a vibrant and exciting part of the city. The development will benefit from communal spaces such as a gym with 24hr access, dining spaces, gaming areas and a private cinema, as well as providing a café with outside seating and a bank of accessible parking spaces.

Block A will complete the SOYO project, which has already brought jobs and investment to the city and created over 500 new homes to date. It will also allow the full realisation of an ambitious landscaping scheme that’s designed to knit this part of the city back together.

We’re inviting the local community to have their say on these plans through an online feedback portal: https://soyoleeds.com/public-consultation/ 

Alistair Smith, our Associate Director said: “The launch of our consultation for Block A marks another key milestone for SOYO, an entirely new neighbourhood for Leeds which is helping to regenerate and enhance the cultural quarter. We received a great response to our proposals for Block D which helped us to refine the plans, and we were pleased to submit a planning application earlier this year.

Block A will be designed to the highest standard and will play a key role in making SOYO a cultural hotspot for Leeds as well as being a truly exemplar scheme for the city as a whole. We’re looking forward to hearing from the public and receiving their feedback on this exciting next and final phase of our plans for SOYO”

The work for SOYO commenced in 2018 and Block A represents the final phase of the wider development. Blocks E and F are now open, comprising of 551 studios and apartments, with Blocks B and C under construction and set to deliver additional homes upon completion later this year. Once finished, SOYO will occupy over 1 million square feet of high-quality development, incorporating new shops and restaurants, alongside some of the largest landscaped spaces in Leeds.

The public consultation goes live on Wednesday 5 July, and will conclude on Wednesday 19 July. Residents are being encouraged to provide their feedback via the online portal.

 

Caddick Developments are delighted to have won the award ‘Best Investment Deal’ for their Leeds Valley Park forward funding deal with JLL at Yorkshire Children’s Charity – Commercial Real Estate Awards.

JLL advised Caddick Developments on the forward funding of Leeds Valley Park, an exemplar scheme which comprises six prime urban logistics units ranging between 25,000 and 70,000 sq ft. Situated at Leeds’ premier industrial and distribution location with unrivalled motorway connections to the M1, M621 and nearby to junctions with the M62 and A1(M), the development, which is due for completion in late 2023, will comprise 300,000 sq ft of accommodation across six buildings on a total site area of circa 25 acres.

Providing a welcome economic boost to the local area, Leeds Valley Park will support over 300 jobs during construction, with an additional 500 jobs created when the units are occupied. The mid-box scheme will be EPC A-rated, and benefits from being situated between Junction 44 of the M1 and Junction 7 of the M621.

The development is market-leading and highly anticipated in the Yorkshire & Humberside urban logistics market, set to service demand for much-needed space in a ‘grade A’ location, just 15minutes from the City Centre. It is widely expected to set benchmark rental levels and offers an attractive proposition for occupiers looking to prioritise sustainability and future-proof, given its environmental, social and governance (ESG) credentials. By design, the development highlights will include: BREEAM ‘Very Good’ status, EPC A rating target, PV ready, EV charging points and Cycle provision.

This was a complex transaction that required the input of a number of cross-discipline teams from both vendor and funders including Agency, Building Surveying, Construction, Legal and Planning & Development teams.

A huge well done to all the teams involved in the project.

The latest plans for our SOYO Development at the heart of Leeds’ cultural quarter have now been submitted to Leeds City Council, following positive pre-application discussions and a public consultation exercise.

The proposal for Block D seeks to bring high-quality student residential accommodation to SOYO, comprised of 291 beds. The accommodation will include a mix of studio and cluster flats, with students able to enjoy the benefits of living in a vibrant and exciting part of the city. The design of the building will be of a high quality, complimenting the other parts of the overall SOYO scheme.

The public consultation gave residents, stakeholders and other interested parties the opportunity to comment on proposals and feed into the final submission

Alistair Smith, Associate Director said: “SOYO is a landmark development for Leeds and we’re proud to have brought forward these latest plans for the neighbourhood. We’ve worked closely with partners and local residents to deliver a project that further enhances the area, bringing additional footfall to the cultural quarter and creating a great place to live and work.“

Designed by Leeds-based Fuse Architects, this latest part of the SOYO development will seek to be an exemplar student scheme for the city, adding to an increasingly vibrant neighbourhood. Residents will benefit from a range of amenities, such as; 24hr gym and wellness initiatives, keyfob secure entry, dedicated study and collaboration spaces, and roof-top gardens. The development will also complete a further section of the wider landscaping scheme, including a feature pocket park zone.

The first phase of SOYO, Moda New York Square, opened in autumn last year (2022). Phase two, a development of 331 build to rent (BTR) apartments is currently under construction for Hestia. Once finished SOYO Leeds will create over 1 million square feet of high-quality development, incorporating new shops and restaurants, and including some of the largest landscaped spaces in the city. The application has been managed by ID Planning.

We have had plans to deliver 3 new logistics units at Knowsley Park in Merseyside approved by the local authority. The proposals will result in a significant employment boost to the area and establish the site as Merseyside’s premium ‘mid-box’ logistics scheme.

The site is an extension to Knowsley Industrial Estate prominently situated off the East Lancs Road (A580) Knowsley, which is less than one mile of junction 4 of the M57 and less than 7 miles of junction 6 of the M62.

The industrial estate is currently home to major organisations including Amazon, Matalan and Kammac, making it an ideal location for a range of occupiers and supply-chain organisations. The prominent location sees Manchester and Liverpool within a 45- and 20-minute drive respectively, whilst attracting local, regional, and national business.

The proposed scheme will provide a total of 157,500 sq ft of much needed logistics space across 3 units. ESG and sustainability are an area of increased focus for the groups pipeline of residential and industrial projects therefore these will all be constructed to a BREEAM excellent standard with electric vehicle charging points, air source heat pumps and PV panels installed as some of the onsite sustainable measures. The site will also provide substantial landscaping with a significant biodiversity net gain.

The site provides high quality employment opportunities in manufacturing for those living in the immediate catchment zone of the scheme. The extension will also provide additional employment in transportation and storage, of which is a growing space for employment in the North West.

Tom Park, Our Senior Development Manager in the North West, said:

“Knowsley Park is an exceptional location with almost unparalleled transport links both within the North West and across the UK. We’re proud of the work done to bring this scheme forward and we look forward to continuing our work with a range of regional stakeholders to help bring this first-class development to the market.”

Knowsley Park will add to an impressive list of high-quality logistics developments delivered by Caddick Group, including recent projects which began construction in 2022, including Leeds Valley Park and Farington Park in Leyland.

For any occupational enquiries please contact the agents for the scheme Knight Frank – 0161 833 7714 or Savills – 0161 277 7207

We are inviting residents to help shape proposals for the latest phase of our SOYO Leeds scheme prior to a planning application being submitted.

The proposal for Block D looks to bring student residential accommodation to SOYO, comprising 275 purpose-built residences.

The accommodation will include a mix of studio and cluster apartments.

 

Alistair Smith, our associate director: “SOYO is an entirely new neighbourhood for Leeds, helping to regenerate a key gateway to the city and enhance the cu

ltural quarter. Our ambitious plans have already seen residents move into New York Square, and these new

proposals – which will see high-quality student living brought to the site – will further enhance the vibrancy of the area. We look forward to working with colleagues and stakeholders to bring these plans to life.”

 

SOYO is mixed-used development and when finished, it will occupy more than one million sq ft incorporating shops and restaurants as well as some of the largest landscaped open spaces in the city.

SOYO has been under construction since October 2019, with phase one – Moda New York Square – already complete, and phase two – for Hestia – under construction.

The project has already supported 700 jobs for local Leeds residents, with £43.7m spent via local supply chain networks.

The public has until Wednesday 16th November to respond to the consultation.

A funding deal has been agreed between Caddick Group, Goldman Sachs Asset Management and Canmoor, which will see work commence on a new employment hub in Leyland, Preston. Following planning approval earlier in the year, construction is underway targeting delivery of the 544,000 sq. ft. warehouse in July 2023.

The scheme represents a considerable investment in the region and will be the biggest speculative development of its type in the North West this year, addressing the acute demand for quality logistics and warehousing space. Situated with direct links to M6, M65 and M61 motorway networks the development offers excellent connectivity to the whole of the North West region.

The Connect 6, Preston is expected to bring over 1,000 jobs to the area once complete, and around 600 jobs during construction, which will be carried out by Caddick Construction North West. The building will reach practical completion in July 2023.

Steve Widdowson, Our Head of Developments in the North West, said:“

Connect 6, Preston is an incredibly exciting scheme and we’re delighted to have investors of the calibre of Goldman Sachs and Canmoor coming on board to take this development forward. The deal means we can push ahead with developing out the site and help introduce much-needed capacity into the Industrial and Logistics market in the North West. Caddick’s vertically integrated offer has once again demonstrated the value of being able to act fast in addressing supply-shortages in quality locations.”

Farbod Nia, Managing Director at Goldman Sachs Asset Management, said:

“This investment aligns with our wider strategy to deliver best in class logistics space in well-connected, high-quality locations, specified to meet the requirements of modern occupiers and the highest sustainability standards. The building will help address the supply and demand imbalance in the North West market by providing occupiers with greatly needed space. We look forward to working with our partners Canmoor and Caddick Group on this exciting development”

Tom White, Director at Canmoor, said:

“This development addresses an acute need for this type of development in the North West of England. Moreover, the scheme is set to lead the way from an environmental point of view, being BREEAM Excellent rated, whilst enjoying unparalleled links to local infrastructure.”

 

 

We are delighted to announce Caddick Group have been shortlisted for Transaction of the Year at The Yorkshires Residential and Real Estate Awards 2022.

This award brings together property developers or teams who have concluded a significant residential property deal (purchase or sale) between June 2021 and June 2022.

This award reflects a residential deal which has made a significant impact on the landscape of the Yorkshire residential property sector. This could be related to knowledge, lateral thinking, innovation in the structure/securing of the deal, or the positive economic impact the transaction could have in years to come.

Our nomination is on behalf of our second phase of SOYO Leeds.  Federated Hermes BTR brand Hestia have appointed us to bring two new residential blocks to Leeds, designed to offer high quality rental accommodation at an accessible, mid-market price point – opening a new niche in this rapidly growing sector.