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20 May 2012
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1 July 2010

Trinity is a 'vote for Leeds' says the scheme's planners

Property consultancy Drivers Jonas Deloitte, which has provided planning and CPO advice on behalf of Land Securities’ Trinity Leeds development, has hailed the developer’s decision as a major boost for Leeds and its City Region.

John Cooper, director from Drivers Jonas Deloitte, said: “The retail lettings secured have two very positive indications for Leeds.

“Firstly, some of the tenants are moving from existing stores in Leeds to larger flagship stores which is testament to their long-term confidence in the city’s retail sector.

“Secondly, the scheme has attracted new blood to Leeds with clothes outlets like Cult and Hollister eager to get a foothold in the market.

“Trinity will be one of the only major schemes of its kind outside of London to be on site and also one of the biggest private sector backed developments in the pipeline.

“With most banks still reluctant to back big ticket projects, the move owes a great deal to the strength of Land Securities’ balance sheet as well as strong retail interest in Leeds.

“It’s also the perfect time with the market for building services now increasingly competitive and materials prices lower than in previous years. It’s a case of right product, at the right place, at the right time.

“Leeds’ rival cities like Birmingham, Liverpool and Cardiff all have significant new schemes so Trinity will be a massive boost to the city’s own competitiveness.

“The development will also bring back to life a significant site which is at the heart of the City’s shopping quarter and well connected to the office quarter and transport infrastructure of the city centre and link together existing parts of the core area.

“For the city region as a whole, the direct employment at Trinity and spin-off effects both during construction and during the life of the scheme is a major boost.”

Notes to editors

Press information

For more information please contact:

Fiona Mackie
Citypress
T. 0161 235 0332
E. fiona.mackie@citypress.co.uk
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