CEG has entered into an exclusivity agreement with its first Joint Venture delivery partner at the flagship £600+ million Kirkstall Forge development in Leeds.
Yorkshire-based Banks Homes is set to partner with CEG and prepare a Reserved Matters planning submission for a range of family homes that will be delivered within the eastern element of the site.
As Banks rolls out the first phase of family homes, CEG will continue to act as master developer for the site, coordinating the delivery of infrastructure, further apartments, community facilities and commercial space as part of a thriving mixed-use development.
Joe Cable, Banks Homes project manager, said: “We’re very pleased to be combining our experience and working in partnership with CEG at Kirkstall Forge.
“It will be a flagship development for Banks Homes in Leeds and we look forward to delivering sought-after homes in a fantastic new community, along with all the benefits that will bring to the area.”
Antonia Martin-Wright, director of commercial development at CEG, said: “We are really excited about the opportunity to work with Banks Homes. We had a fantastic response when we went out to market and the ideas Banks has proposed are in line with our vision of creating a vibrant new community at Kirkstall Forge.”
CEG, on behalf of investors, has already delivered a £100 million work programme to bring this brownfield site back to life, including acquisition, clearance, remediation, archaeology, design, planning, utilities, roads, river walls and infrastructure, the opening of a dedicated railway station and the Number One office development with Butlers deli bar on the ground floor.
Kirkstall Forge has planning permission for a new community incorporating homes, offices, retail, leisure and community space across the 56-acre site.
