Family-owned commercial property developer Bruntwood has welcomed Chancellor George Osborne’s commitment to HS3 as part of the £300m improvement of transport links in the north of England. Craig Burrow, Bruntwood Leeds director said: “The Government’s pledge to develop the HS3 line between Manchester and Leeds will transform the business sector in the north.
“The growth potential for the city is fantastic and this is only further enhanced by plans to incorporate Liverpool and Newcastle in the future. Improving connectivity across the North from east to west will be crucial to the Northern economy. Further investment in this key piece of infrastructure, which is already benefiting from the Northern Hub programme and HS2, will cement Leeds’ position as a business hub at the centre of the country.
“The high-speed rail line will save the daily Manchester to Leeds commuter more than six days per year in travel time once phase two of the development is complete, reducing the journey from 50 minutes to 30 minutes each way.
“This announcement is great news for our City House development, which is at the epicentre of all this activity. The high-speed link will generate more business opportunities for our customers across the city and provide access to larger pool of skilled employees.
The 120,000 sq ft., 12-storey City House development, Leeds’ largest collaborative workspace to date, sits prominently above Leeds train station and is due to be completed by May 2017.