Growing Places Fund Aire Valley Land Leeds

The LEP’s Growing Places Fund loan to Aire Valley Land LLP helped kick-start work on the Temple Green site of the Leeds City Region Enterprise Zone, which will lead to the creation of up to 3,000 new jobs.

The LEP’s Growing Places Fund loan to Aire Valley Land LLP helped kick-start work on the Temple Green site of the Leeds City Region Enterprise Zone, which will lead to the creation of up to 3,000 new jobs.

The loan is being used to speed up the delivery of the site by funding ground and remediation work. The site is earmarked for Eastern Leg Rolling Stock Depot (ELRSD) for High Speed Rail 2 and it is anticipated a technology park related to High Speed Rail will follow. 

About the Growing Places Fund (LEP Loans)

The Leeds City Region Enterprise Partnership (LEP) Growing Places Fund provides loan funding to kick-start stalled development or infrastructure projects that will create homes, jobs and other economic benefits in Leeds City Region. The initial £35.5m Growing Places Fund investment was provided by Government in 2012, specifically to invest in development schemes that are unable to proceed due to a lack of commercial finance.

Project Lead

Aire Valley Land LLP

District/ Area

Leeds

Business case summary

 

Funding

Growing Places Fund loan £4 million

Project Status

Activity 6: Delivery

Start and end dates

2012- 2019

Delivery partners

Keyland Developments

Evans Property Group

West Yorkshire Combined Authority

Other funders

Keyland Developments 

Evans Property Group

Get in touch (contact information)

lcr@leedscityregion.gov.uk