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Credit CrunchYou are in: Leeds > Credit Crunch > Building blocks? ![]() Lumiere - a hole near the train station Building blocks?The skyline of Leeds has changed dramatically in the last few years... it's something you can't help noticing as you approach the city. But it seems the building boom is well and truly over. As the recession has caught hold the news has carried regular reports about projects being put on hold, or cancelled, and now BBC Radio Leeds has learnt new planning applications for tall buildings in the city have virtually dried up. ![]() Trinity: a hole in the ground So what's the future for new projects in Leeds, for the building sites left untouched, and the people who rely on them to make a living? When the iconic Bridgewater Place opened two years ago a further 22 tall buildings were going through the planning process. Now five of those have been finished and just two other proposals are being considered. Richard Wormald is a plasterer based in Wakefield who's been hit by the downturn in Leeds. Richard says, "Unfortunately a lot of the flats are not selling anymore so there's not a lot of work in Leeds city centre. "You're lucky basically to be in work at the moment. "A majority of work was in Leeds 'cos it was a massive, massive boom." Steve Sheard, BBC Radio Leeds, talks to Richard Wormald Help playing audio/video Chris Gilman is director of Bridgewater Place - opened two years ago. He says, "The well located schemes are doing OK. Sales aren't at the level they were two years ago. The rental market is very strong. "It is a positive future but it is going to take some time to evolve. Leeds is a pretty resilient city. The next 12-18 months (will) start to see signs of recovery." Steve Sheard, BBC Radio Leeds, talks to Chris Gilman Help playing audio/video John Thorp is the Leeds Civic Architect. John says, "There maybe a sudden dip in the evolution of the city... of which the skyline is just one part. "The emphasis is shifted. There is less emphasis on residential and office accommodation at the moment and more on student accommodation, teaching accommodation for the universities and cultural projects. "I feel the city is in a robust condition to adapt to the new circumstances. "I think there will be fewer (buildings), of higher quality, giving distinction to the skyline." What stage are some of Leeds's high profile developments?
Wellington Place
last updated: 15/04/2009 at 15:40 SEE ALSOYou are in: Leeds > Credit Crunch > Building blocks? |
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