Why Leeds?
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WHY LEEDS?
Situated in West Yorkshire, with a population of 812,000, Leeds is the economic heart and capital of the region and one of only two UK Core Cities that are a net contributor to the Exchequer.
Leeds is vibrant, dynamic and growing.
West Yorkshire’s economy is worth £70 billion with Leeds alone accounting for over 40% of this, having grown 32% over the past decade. Leeds has built over £4 billion worth of large-scale development projects over the last 10 years.
Leeds has recognised talent and research strengths.
The largest centre for finance and professional services outside London and the second city in the UK for start-up businesses, Leeds has also seen the biggest jobs growth in knowledge-intensive businesses of all UK cities since 2010.
Leeds is attracting new firms and important institutions.
The UK Infrastructure Bank (UKIB) and the Financial Conduct Authority (FCA) moved to the region recently, alongside existing brands such as JP Morgan, the Bank of England, First Direct, Channel 4, Burberry and DLA Piper. Already home to 25,000 businesses and 1.4 million city workforce.
Leeds is a city with a significant environmental base,
with major tracts of countryside surrounding the main urban area, and 4,000 hectares of green spaces, 16 Local Nature Reserves and 50 Local Wildlife Sites within its boundary as well as ready access to the beautiful nearby countryside of the Yorkshire Dales and Vale of York.
Leeds is at the forefront of the country’s housing growth,
with over 17,000 new homes built over the last five years – 1.5% of England’s overall housing supply – including the most new affordable homes of any Core City.
Leeds is a Mecca for education,
Home to 75,000 students and home to 5 major UK universities.
LEEDS PROPERTY MARKET
POISED FOR EXPLOSIVE GROWTH
A PERFECT STORM FOR INVESTORS:
YOUNG PROFESSIONALS + JOB BOOM
Leeds boasts a sizeable population of young, affluent renters, particularly concentrated in the city centre. This area is undergoing an ambitious transformation, aiming to create tens of thousands of new jobs. Unfortunately, the housing supply isn’t keeping pace with this surge in demand, creating pressure on the rental market and pushing rental rates to new highs.
This confluence of factors has positioned Leeds as a top performer in the eyes of industry giants like JLL and Savills. Both firms highlight Leeds as a prime location for investors seeking capital and rental growth over the next five years.
UNMACTHED CONNECTIVITY
YOUR GATEWAY TO SUCCESS
Leeds offers seamless connectivity with its own Leeds Bradford Airport, welcoming over 4 million passengers annually. Additionally, Leeds Train Station, one of the busiest in the UK, serves nearly 30 million passengers a year.
DIRECT RAILWAYS
♦ London – 2 hours
♦ Birmingham – 1 hour 55 Minutes
♦ Manchester – 55 Minutes
♦ Liverpool – 1 hour 40 Minutes
♦ Edinburgh – 2 hour 50 Minutes
VIBRANT CITY CENTRE: A SHOPING AND BUSINESS HUB
SHOPAHOLIC’S PARADISE: OVER 1,000 STORES AWAIT
Leeds boasts a compact yet bustling city centre overflowing with over 1,000 shops. This abundance has earned it the coveted title of the UK’s best shopping destination by the Rough Guide with over 26 Million visitors annually. The variety is unparalleled, catering to all tastes, from quirky boutiques and high-street favourites to high-end luxury brands.
A CITY THAT NEVER SLEEPS: ENTERTAINMENT FOR ALL
Leeds caters to a diverse range of interests. Hundreds of restaurants tantalise taste buds, while a thriving cultural scene and electrifying nightlife promise unforgettable experiences for all visitors.
REGENERATION
THE FUTURE OF LEEDS
The Leeds Transformational Regeneration Partnership is a 10-year programme of change and investment involving the council, central government, Homes England and the West Yorkshire Mayoral Combined Authority.
Revitalising Mabgate, Eastside & Hunslet Riverside, South Bank, Holbeck, West End Riverside and the Innovation Arc within the city centre, to unlock the delivery of 20,000 new homes.
Government allocating an additional £10m (subject to a business case) towards the establishment of a new British Library site at Temple Works, along with working to bring the building into public ownership through Homes England.
New funding of £5m (subject to a business case) towards the delivery of a new National Poetry Centre Support for further work to explore and develop the role of the Royal Armouries Museum including the planning and delivery of new conferencing and exhibition facilities.
