Commercial Estates Group has appointed I & H Brown to the £400m Kirkstall Forge development in Leeds.
The scheme will deliver a new railway station, access road and service the site by late summer 2015; paving the way for more than 1,000 new homes and 300,000 sq ft of office space.
Jon Kenny, director of CEG, said the deal started “one of the most ambitious schemes in Leeds’ development pipeline”.
Councillor Richard Lewis, Leeds City Council executive member for transport and the economy, said: “The Kirkstall Forge development will play a vital role in the growth and regeneration of the city. The scheme will deliver greatly improved connectivity between Leeds and Bradford, as well as directly into the city centre, something which is of great importance to drive investment and growth across the whole City Region.”
The Department for Transport will contribute up to £10.3m towards the £16.9m needed to deliver railway stations on this site and at Apperley Bridge.
The remaining 40 per cent of the cost is made up of a funding package comprising a private sector contribution of over £5m, supplemented by funding from the West Yorkshire Combined Authority.
CEG will also invest more than £10m in affordable housing, education and transport improvements as part of the wider Kirkstall Forge redevelopment.