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Construction News
02/07/2019
Funding Partner Sought For Leeds BTR Scheme
The search has begun for a funding partner for a Build to Rent (BTR) development in Leeds city centre.
BAM Properties owns the site, which sits as part of a wider mixed-use development known as Latitude, within a short walking distance of Leeds Railway station.
The scheme comprises 463 studio, one, two and three bedroom apartments arranged across 17 and 21 storeys, connected by shared gardens and has 102 secure parking bays at ground and lower ground level. Designed to be operated as an exemplar private rental development, there is extensive resident amenity including two private rooftop resident lounges with adjoining roof gardens, ground floor glazed gymnasium and wellness suite as well as work space for residents. It also features a double height reception lobby. All apartments provide spacious accommodation and the quality of specification has been designed to meet the highest rental standards.
Martin Hill, Development Director, BAM Properties, said: "We have worked tirelessly with the LIV team over the past 18 months to create a best-in-class Build to Rent development designed to ensure we have a building that is futureproof. BAM has a reputation for creating sustainable, high quality buildings and this Build to Rent scheme will be no exception."
Specialist funding advisory firm for the Build to Rent sector, BTR Capital Partners has been appointed by BAM to identify a funding partner.
Huge demand is expected in the new Latitude site.
(CM/JG)
BAM Properties owns the site, which sits as part of a wider mixed-use development known as Latitude, within a short walking distance of Leeds Railway station.
The scheme comprises 463 studio, one, two and three bedroom apartments arranged across 17 and 21 storeys, connected by shared gardens and has 102 secure parking bays at ground and lower ground level. Designed to be operated as an exemplar private rental development, there is extensive resident amenity including two private rooftop resident lounges with adjoining roof gardens, ground floor glazed gymnasium and wellness suite as well as work space for residents. It also features a double height reception lobby. All apartments provide spacious accommodation and the quality of specification has been designed to meet the highest rental standards.
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Martin Hill, Development Director, BAM Properties, said: "We have worked tirelessly with the LIV team over the past 18 months to create a best-in-class Build to Rent development designed to ensure we have a building that is futureproof. BAM has a reputation for creating sustainable, high quality buildings and this Build to Rent scheme will be no exception."
Specialist funding advisory firm for the Build to Rent sector, BTR Capital Partners has been appointed by BAM to identify a funding partner.
Huge demand is expected in the new Latitude site.
(CM/JG)
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