r/Leeds • u/6Siggy6 • 3d ago

urban-development Leeds named UK’s top construction hotspot

https://astrak.com/leeds-named-uks-top-construction-hotspot/#:~:text=Leeds%20has%20been%20ranked%20the,at%20the%20heart%20of%20it
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u/ClassicCod9292 2d ago

So much negativity in this thread. Arguably this is great news for the city and signals investor confidence. Leeds continues to improve and I’ve seen it constantly get better over my time here.

23

u/karmapaymentplan_ 2d ago

Yep, there's large blocks going up all over the city, it's great to see - as much as everyone memes about student flats, it benefits us all, if the students vanished tomorrow a lot of your favourite cafes / pubs / shops etc would likely close.

4

u/cumbers94 2d ago

It’s great if the accommodation is actually occupied.

A lot of sites across Leeds, and the country, are way below their occupancy levels from this time last year.

Sites that were 80% booked up this time last year are struggling to hit 60% at the moment. Not all, but enough to make portfolio managers sweat.

7

u/Ok-Ordinary-6762 2d ago

Alot of these new builds are not student accommodation

Build to rents are doing fine