Torsion and Khalbros to build new Leeds £1bn neighbourhood

A Khalbros and Torsion Group JV has acquired the Eastgate Quarter site in Leeds and now plans a £1bn residential-led development.
The JV has paid Hammerson £26m for its assets on Templar Street and will now push a head with a mixed-use scheme to replace the original plans for a retail development.
Plans by the contractor and private equity investor will create a mixed-use community, combining PBSA and BTR living with workspaces, hospitality, leisure, and lifestyle amenities.Dan