Wakefield Makes the Shortlist!
23 September 2015
Wakefield Council is delighted to have been shortlisted for the Business Insider Yorkshire Property Industry Awards, Local Authority of the Year. With over £60M of grant funding having been brought into the Council to deliver economic and regeneration project the teams in Wakefield Council and Wakefield first hope to give our fellow contenders Leeds and Sheffield a run for their money!
With the delivery of a series of excellent projects including Merchant Gate, Trinity Walk and The Hepworth alongside the creation of the necessary infrastructure to support it, Wakefield is on a roll. As a gateway to the city the refurbishment and completion of £5m Kirkgate Railway Station has seen a Grade II listed building once termed the ‘worst station in the UK’ into a fantastic new facility complete with offices, retail and café space. The local authority have driven the project and supported the development of the site by securing £3.5m grant towards the £5m restoration scheme.
These major development successes would not have happened without Wakefield Council’s commitment to making economic development and regeneration a strategic priority and highlight why we are the second fastest growing economy in the Leeds City Region .
Our commitment to jobs and growth has seen a major investment from TJX Europe which helped to secure a huge investment for the new TK Maxx Distribution centre. The 1.3m sq. ft. centre is the largest ever pre-let facility on the M62 corridor and will created 1271 brand new jobs and safeguard a further 500 existing jobs. With an increase in jobs we also want the housing stock that can match our ambition. The City Fields Housing Development was agreed in 2014 creating an additional 2500 homes, a primary school, health facilities alongside excellent district and neighbourhood centres and civic spaces.
Wakefield’s ambition continues to grow and grow and over the next five year and is forecast to have the largest percentage net increase in GVA across the Leeds City Region, outperforming national forecasts by 1.4%!