Elland Road land sale set to go ahead — and could include 2,000 new Leeds homes — YEP 12/3/26
By Don Mort, Local Democracy Reporter
The sale of land at Elland Road could attract £2billion of
private investment to the city as the council presses ahead with the move.
Leeds City Council said the redevelopment of the site could
include 2,000 new homes.
The Labour-run council is set to sell 30 acres of land
around Leeds United’s stadium, which is itself set to redeveloped under plans
by the club.
The land sale would be made to a joint venture company set
up by the club and Lowy Family Group, an investor in United’s owners 49ers
Enterprises.
The stadium is set to be expanded to a capacity of 53,000
after Leeds secured planning permission.
Deputy council leader Jonathan Pryor, speaking at an
executive board meeting, said: “The development of Elland Road and disposal of
this land will hugely benefit the local area.”
Coun Pryor said funds raised from the sale would be used for
infrastructure projects in the city.
Councillors agreed in principle to press ahead with legal
agreements with the joint venture company to make the sale possible.
Alan Lamb, Conservative group leader, said similar stadium
projects had benefited communities in Liverpool and Manchester.
But he was concerned about the Leeds project after plans for
a £2.5bn tram system for the city were delayed.
Coun Lamb, who represents Wetherby, said: “The one elephant
in the room in all of this is the impact of mass transit.”
Coun Pryor said the Elland Road plans were not contingent on
delivery of the transport scheme.
Council leader James Lewis said: “The reality is, work is
happening on developing the tram.”
A council report said plans for the Elland Road land could
include a community sports arena and education facilities.
It said: “This provides a long-term vision for the
regeneration of the site and aims to position the location as an exemplar in
sports and transport-led regeneration.
“It is envisaged that over £2bn of investment could be
secured.”