Launch of Victoria Gate in Leeds

Posted on 27 October, 2016 by admin

Victoria Gate in Leeds, one of the major regeneration projects by the UK’s property development and investment firm, Hammerson, opened to the public last week.

The new retail and leisure complex has already filled 90% of all its units, and some of the major tenants include John Lewis, Nespresso, Le Pain Quotidien, Neom Organics, T2, Tommy Hilfiger and Hacket.

Leeds Victoria Gate John Lewis Building

For over 75% of the brands that are taking up Victoria Gate’s retail units, it is their first entry to the city of Leeds.

The £165 million development was designed and delivered by Acme, making it the largest leisure complex in Northern England. This has resulted in Leeds becoming highly attractive place for shopping.

The development has played a large role in boosting the city’s economy by creating more than 1,500 new job opportunities for the locals in various sectors including, retail, construction and hospitality.

Judith Blake, Leeds City Council Leader Councillor, said: “Victoria Gate is already making a big impact on Leeds. It has introduced a significant number of employment opportunities locally. It is a striking scheme which has redefined the skyline in that sector of the city centre and its opening will further cement Leeds’ place as one of the best places to shop and visit in the UK.

“I’m delighted to welcome its opening on behalf of the city and I’m confident it will be a fantastic addition to our existing diverse offer of independent, high street and luxury retailers.”

David Atkins, CEO of Hammerson added: “This is a truly unique development and there is nothing else like it in the UK.  We are confident that Victoria Gate will set new standards for retail across Europe as it becomes an iconic piece of Leeds’ retail heritage.”



Related Posts


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants