The planned Sky Gardens development, which will be one of the tallest residential buildings in Leeds, has a £90m gross development value.
The delivery arm of Torsion Group, Torsion Construction, has signed a £46.5m contract to build the project on behalf of the JV partnership.
Sky Gardens will have 284 residential apartments, ranging in size from one to three bedrooms, with a residents’ lounge and gymnasium at level 30.
CityLife is currently concluding site remediation of the brownfield site, and Torsion Construction is due to start on-site in January 2024. Completion is expected in the first quarter of 2026.
The project team includes architect DLA, quantity surveyor Rex Procter & Partners and ID Planning.
Torsion Group chief executive Dan Spencer said, “We are delighted to be entering into a joint venture with CityLife and believe that there is a close alignment of strengths between both companies that will allow us to achieve great things for the city of Leeds. Torsion has a long track record of successful project delivery and sustained business growth, and this JV continues to support this.�
This will be Torsion’s fifth development in Leeds city centre, following the recent news of its build-to-rent schemes at Phoenix (367 flats) and Flax Place (300 flats).
It is CityLife’s second development in Leeds, having just achieved practical completion on the 16-storey Springwell Gardens development on Whitehall Road.
CityLife managing director Gareth Morgan said: “After the success of Springwell Gardens, it was a logical move to form a joint venture with an experienced developer who has in-house construction expertise. I have known Dan and Torsion for several years and expect this to be the first of many future collaborations.â€�Â