The project will form the first phase of Caddick Development’s £300m SOYO regeneration project in Leeds’ cultural quarter.
Moda Living, a leading developer, owner and operator of homes for rent, has appointed sister company Caddick Construction to deliver 515 homes designed exclusively for rent in Leeds city centre, with start on-site due in October this year.
Designed by award-winning DLG Architects, the rental homes will be spread across two C-shaped 16-storey blocks, with a new public courtyard in between the buildings and rooftop terraces overlooking the city centre. Two commercial units will also be delivered at ground floor.
Named New York Square after nearby New York Road and a nod to its synergy with performing arts and culture, the build-to-rent development will also host a range of on-site amenities, such as shared lounges, flexible workspaces, a cycle hub, and health and wellbeing facilities, with access to everything included in the rent.
Services include 24-hour hotel-style concierge and round-the-clock professional management, while the bespoke MyModa app will enable residents to report maintenance issues, communicate with the concierge, book events, and acts as the apartment key.
The homes at New York Square, where Moda will develop and operate the buildings for the long term, will be a mix of studio, one, two and three-bedroom apartments. A unique two-bed sharer layout will provide the perfect solution for sharers – two equally-sized bedrooms, with en-suites on either side of a shared living space, allowing for greater privacy, reduced noise and no arguing over who gets the biggest room.
The development forms a key part of the new £300m SOYO neighbourhood being delivered by Caddick Developments, another sister company of Moda Living.
In addition to the 515 Moda rental homes, SOYO will include a new hotel, bars, restaurants, further residential, a multi‑storey car park as well as high-quality public realm and open green spaces, The West Yorkshire Playhouse has also recently completed an extensive refurbishment.
Johnny Caddick, managing director at Moda Living and director at Caddick Group says:
“New York Square marks the first phase of SOYO, which will regenerate a car park into a new and exciting city centre neighbourhood. Moda’s aim is to raise the bar for rental in the city, creating high-quality homes and strengthening the appeal of city-centre living for all.
“This development highlights the confidence and momentum of investment into Leeds city centre and the wider Leeds City Region.”