Our response to the South Bank consultation

Posted by Rob Greenland.

Over the next couple of months we’ll aim to answer questions that people have asked us – on social media, at events we’ve attended etc.  If you have a question, please get in touch and we’ll answer it on here.

It’s important, if you’re considering investing, that you don’t rely on information we share in these blogposts. If you’re considering investing, please visit either our Ethex profile, or the share offer page on our website.  There you will find detailed information on the share offer, our plans, our more detailed business plan, and the Rules of Leeds Community Homes.  And of course, if you have any questions, please get in touch with us.


 

Leeds City Council is currently running a consultation exercise on the South Bank area of Leeds.  According to the website:

Redeveloping the South Bank area of Leeds will be the biggest change the city has seen in more than a hundred years. We aim to double the size of Leeds city centre by transforming South Bank into a distinctive European destination for investment, living, learning, creativity and leisure.

The site where we plan to create our first sixteen #peoplepoweredhomes is in the South Bank area, and we think there is a lot of potential to make the area a great place to live.  We are obviously particularly keen to ensure that a good amount of the housing in the area is affordable housing – and that other strategic decisions are taken that make the area a good place for people to live in, and get around.

Our response to the consultation is below.  We also wrote a letter to the Yorkshire Evening Post about South Bank this week – it’s here.

Leeds Community Homes response to the South Bank Consultation

We are a newly formed community benefit society, which aims to be involved in the creation of 1000 affordable, sustainable homes in Leeds over the next ten years.  We will act as a Community Land Trust for Leeds, acquiring and holding land and buildings for affordable use in perpetuity.  You can find more information about us on our website.

We plan to create our first sixteen homes in the South Bank area – through working with Citu on their development in the Climate Innovation District.  We plan to work with them, through the Section 106 agreement, to acquire nine homes for social rent, and seven homes that we will subsequently sell on at an “intermediate” price. We will ensure that these homes remain affordable after subsequent re-sales.

We welcome the plans to create up to 4000 homes in the South Bank area, and the desire that you have clearly stated to create a strong sense of community in the area.  We would like to emphasise the importance of ensuring that there is a broad mix of housing, both in terms of the type of housing (houses as well as flats) and their affordability (for rental and for purchase).  For South Bank to become the kind of place it could be, it is important that a wide range of people are encouraged to live there, including families with children.  There is, as with any regeneration scheme, a risk that a broad mix of housing will not be provided (eg developers may focus primarily on providing rental flats aimed at young people, and little else).  We would encourage you to do all you can to ensure that a broad mix of housing, aimed at a wide range of people, is offered in the area.

We also welcome your clear intent to consider how to provide high quality public space, and excellent transport links – in particular in relation to public transport and infrastructure to make walking and cycling attractive.  We think these things are important aims in themselves, but can also have a positive impact in relation to the delivery of high quality homes in the area.  High quality public space – such as parks and play areas for children, can encourage people to move to, and stay in, the area.  It can also enable homes to be built at a greater density – potentially improving affordability, and making high quality public transport more cost-effective to introduce.

We are very keen to play our part in making South Bank an attractive place for people to live in over the next thirty years.  We would like to encourage you to involve us as appropriate as things develop, particularly with regards to housing in the area.  We believe that our “people-powered” approach to creating affordable homes in Leeds could play an important role in helping South Bank to be a great place for people, on a wide range of incomes, to live in.

 


 

It’s important, if you’re considering investing, that you don’t rely on information we share in these blogposts. If you’re considering investing, please visit either our Ethex profile, or the share offer page on our website.  There you will find detailed information on the share offer, our plans, our more detailed business plan, and the Rules of Leeds Community Homes.  And of course, if you have any questions, please get in touch with us.