Work begins on Leicester Waterside development

Construction work has started on 300 new homes and 60,000 square feet of Grade A offices at Waterside, Leicester.  

Keepmoat Homes is delivering the city centre regeneration scheme in partnership with Leicester City Council.

Supported by Brackley Property Developments Ltd who are constructing the office accommodation, the partnership will redevelop the 18-acre brownfield site, located by the Grand Union Canal and River Soar, into a brand-new neighbourhood.

As part of their commitment to the local community and the city of Leicester, Keepmoat Homes has pledged to support local people and help generate opportunities in training and employment through the use of sub-contractors, work placements and educational visits to the site, which will be delivered throughout the lifetime of the project.

‘We are very excited to have started work on at Waterside,’ said Keepmoat Homes’ regional managing director, Shaun Fielding.

‘We have already received huge interest from potential homebuyers as the location alone, adjacent to High Cross but with a riverside setting is unique and highly appealing.  We have worked collaboratively with the City’s design team to create a development of bespoke houses and apartments formed within an incredible urban layout which will be award winning, I have no doubt.’

Leicester city mayor Peter Soulsby added: ‘The start of work on the first new homes as part of the Waterside regeneration project marks another milestone for this long-neglected part of the city.

‘After several years of planning, negotiation and site preparation, our partnership with Keepmoat means that we can begin to see the transformation of this important part of the city into a thriving new neighbourhood.

‘The regeneration of the Waterside area represents a tremendous opportunity for the city’s growth and future prosperity, by creating great new places to live, space for business to flourish and much better access to our beautiful riverside.’

Work at Waterside is expected to take six years, with the first homes becoming available to purchase in Summer 2021 and the sales centre and show homes will be available to view early Spring 2021.