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Urban Regeneration

Leicester Waterside

Leicester Waterside is one of the most exciting large-scale mixed-use regeneration opportunities in the East Midlands. The area comprises over 50 ha of land in a prime city location. Up to 40,000 m² of new offices (the first 10,000 m² is either built or under contract) and over 2,350 new homes are either completed or under construction or contract. These will complement recent leisure and infrastructure investments.

Grade A self-contained new build offices from 186 m² with dedicated parking, are now available on a freehold or leasehold basis.

Key facts

  • A regeneration project that will transform over 50 ha (124 acres) of prime run-down industrial land in the heart of Leicester.
  • Up to 40,000 m² of new offices
  • Over 2,350 new homes

Opportunity location

Why invest in Leicestershire?

Welcome to Leicester & Leicestershire – the largest economy in the East Midlands.

We benefit from outstanding assets including a vibrant, university city with a strong industrial and cultural heritage; two unique and inspiring Enterprise Zones; a UK Freeport at East Midlands Airport; three world class universities delivering cutting edge innovation, research, and design; a central location with strategic rail and motorway links, one of Europe’s largest distribution parks and the UK’s largest pure cargo airport; and two Manufacturing Zones. We’re home to Caterpillar, Next, Santander, Walkers Snack Foods (PepsiCo), IBM Client Innovation Centre UK and Amazon.

Key strategic developments include Leicester Waterside and Station Regeneration, Space Park Leicester, offering high-tech facilities and capabilities building on the University of Leicester’s space excellence; Loughborough University Science and Enterprise Park, a dynamic innovation community with serviced development land opportunities; and Lutterworth East a trailblazing, sustainable housing and employment development.

Leicester is considered one of the best cities to do business in. Unrivalled transport links, a skilled and talented workforce of over 2.8 million within a 1-hour drive-time and one of Britain’s most attractive and cost-effective places to develop, own or lease property – presenting huge investment opportunities.

Insight for investors

  • Type of Investment Sought: Occupier
  • Target Investor(s): National / regional HQs; Customer services & back offices; sales & marketing functions; Creative & digital teams
  • Site Size: 50Ha
  • Timescale: 2020-2030
  • Delivery Timescale: 1 – 5 years
  • Planning Status: Outline permission
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Primary promoter

Leicester City Council