THE developer which has bought the home of the Yorkshire Chemical Works in Leeds has revealed plans for the site.
Blenheim Developments bought the 14-acre development site on Kirkstall Road for around £3m.
The Yorkshire Chemical Works closed in January 2006, the site was cleared and it has remained open land. The site has planning permission for 1.5m sq ft of office space, residential units and a green urban park.
But Peter Burrows, who runs Blenheim and is based in Sheffield, said the company was looking to submit a revised planning application of about 500,000 sq ft, which would be about a fifth of the original development size to fit in with the current market demand.
He said: “The original plan was for 1,200 apartments but our plan is to build 100 family town houses in an attractive village called Otter Island. We are also talking to two hotel operators and there would be a bit of commercial office space. Originally the plan was to have 300,000 sq ft of office space but we know now that there are better located office sites in the city and we will need to be flexible and creative in the way we incorporate offices into our design.”
He added: “This is a fabulous opportunity. Commercially, the market is tough but the location on the fringe of the city centre will be attractive. There is a lot of opportunity on that stretch.”
The Yorkshire Dyeworks and Chemical Company was founded in 1900, with the merger of 11 smaller companies. Due to competition from the Asian market, the company went into liquidation and the factory was demolished in 2007. In August 2006, the site was acquired for £15m by developers Gladedale Group.
Savills, Leeds purchased the site on behalf of Blenheim and are retained to market the scheme.