Leicester Council Sells Land for Office Complex
Leicester News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Leicester City Council plans to sell a plot of land in the citys cultural quarter to Homes England for £1.15 million. The site, located on Midland Street, could become a large office complex, complete with a new pedestrian walkway to the Phoenix Cinema. Homes England would lease the land back to the council for a nominal fee and contribute £300,000 for planning permission costs. The council aims to tackle a shortage of office space and spark regeneration, job creation, and new investment, unlocking an additional £1.5 million in government funding.
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