NEW plans for the £600m Eastgate Quarters development scheme in Leeds have been hailed as a “milestone” for the city.
Property developer Hammerson has submitted a new design for the shops-led, regeneration scheme to gain outline planning permission from Leeds City Council.
It is hoped that the project would create 4,000 jobs and has already attracted retailer John Lewis.
Andrew Hilston, project director for Hammerson, told the YEP: “I think first and foremost it’s a very good news story for the city. It’s a milestone to move forward one of the major investment projects in the region.”
He added: “It will provide excellent new buildings for the city. At the moment that whole part of the city is totally run down.”
Mr Hilston said that a number of retailers had voiced interest in being among the 130 stores.
He added: “We have had a lot of interest from retailers. We have retail destinations across the country and retailers always ask us about Eastgate.”
Mr Hilston said that once outline planning permission had been gained, work could begin on a finished design.
Over the past two years the regeneration scheme has been reviewed and the new proposal better suits current retailer requirements and improves connectivity with neighbouring parts of the city, said Hammerson.