Predicting the future is like peering into fog. But Leeds City Region has published a route map showing how the shape of the City and surrounding region could look in 2036. Head of Northern Agency at Carter Jonas Chris Hartnell, takes a look.
Predicting where Leeds property values will be in 2020 takes an element of guesswork. Guessing which locations will prove profitable in 2036 in the Leeds City Region of 1.9m may sound a wild exercise, but some guesswork has been removed. In 2016 a 20-year plan was published by the Leeds City Region Enterprise Partnership. The 96-page report identifies growth spots in ten council areas, which are, Leeds, Bradford, Barnsley, Wakefield, York, Harrogate, Kirklees, Craven, Calderdale and Selby. Here we have the biggest regional economy outside London, worth £62 billion, 5% of England’s output.
Summer 2017 saw clarity on HS2, stated to fully open by 2033. The Leeds High Speed terminus will be conjoined with the existing station. To the south, over the River Aire, lies 185 hectares of under-developed land. The Enterprise Partnership suggests extraordinary growth. “The regeneration of the South Bank area 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.” There will of course be ups and downs - and periods of stalled growth over the next 18 years. But certainty over the HS2 station brings the certainty of a long term rise in values and economic output for the City Region.
This opinion piece is part of an article outlining Chris Hartnell’s thoughts for the future of Leeds. The full article will be released in the Carter Jonas Commercial Journal in November.
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