Keywest Estate Agents / Nov 21

There are many great things about living in Leicester, but one of the very best is the city’s ability to continually reinvent itself and move with the times, ensuring that life is never dull and opportunities are rarely left undiscovered for long.

Ambition is also always high on the agenda, whether that means a commitment to finding the perfect Leicester property in which to live or a desire to perform a multi-million-pound transformation covering a whole area.

Some cities are simply content to rest on their laurels or cash in on the history of their location. Leicester is certainly not short of historical interest, but it is certainly not stuck in the past. Instead, plans are constantly being unveiled to ensure that the city will always stride rather than creep towards the future.

One of the latest visions for the future to be revealed centres around a planned £80 million transformation that will see hundreds of new homes and more office space being created in the Leicester Waterside area.

The developer has been chosen and a deal has been signed with the city council, meaning that the countdown has begun to the transformation of the 18-acre site, which was mostly industrial in the past.

Leicester City Council has earmarked £15 million in capital funding to create new homes in the Leicester Waterside area, and it will probably plough £45 million into the project to make its vision for the riverside area a reality. A £20 million contribution will also come from the national government’s Local Growth Fund.

Sir Peter Soulsby, the mayor of Leicester, said that the Waterside project marked ‘a tremendous opportunity’ which would lead to more than £65 million being inwardly invested into the city and would bring job opportunities to people living in Leicester.

Sir Peter said the vision was to create another ‘thriving neighbourhood’ in Leicester, complete with homes, business spaces and excellent riverside access.

Yet another vision for the city is focussed on Leicester North station and plans for a multi-million-pound Central Railway Museum.

International architects Wilkinson Eyre won the competition to design the £18 million heritage museum near Birstall. The Heritage Lottery Fund is contributing £10 million to the project, and the museum should be fully open for visitors by 2021.

The museum will be the result of a collaboration between Leicester City Council, the Great Central Railway and the National Railway Museum in York.

A spokesman for the city council said the museum would complement the Abbey Pumping Station and National Space Centre nearby and become an important destination for visitors whilst also creating hundreds of jobs for people who choose to work and live in Leicester.

Are you looking to buy or sell property in Leicester? Call our expert property team today – 01162 544 555.