Leicester Waterside




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 hectares 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 hectares (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 Leicester and Leicestershire?

Welcome to Leicester and 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 and back offices; sales and marketing functions; creative and digital teams
  • Value: £300m GDV
  • Site size: 50 hectares
  • Jobs: 70,000
  • Timescale: 2020-2030
  • Delivery timescale: 1-5 years
  • Planning status: Outline permission
Leicester Waterside
Primary promoter

Leicester City Council