Caddick Construction has completed work on SOYO neighbourhood's two newest residential blocks in Leeds city centre on behalf of Hestia, the residential platform of Federated Hermes Real Estate.

Located at the south of York Road in Leeds, SOYO comprises two new residential buildings, known as Madison East and Mercer West, featuring 331 built-to-rent apartments, two commercial retail units, car parking facilities and sustainable public spaces for the local community. The project, focused on delivering quality modern living, has been developed by Caddick Construction through close collaboration with Hestia and joint enterprise partner Caddick Developments.

The £57.4m project follows the completion of an earlier phase at SOYO, New York Square, where Caddick Construction delivered two 16 and 17 storey, build-to-rent apartment developments, housing 515 unique one-, two- and three-bedroom apartments for Moda Living.

SOYO is the newest multi-use neighbourhood in Leeds city centre and once complete the state-of-the-art quarter will offer over 1m sq ft of space to live, work and enjoy. The new development includes some of the largest green public spaces within the city, high-quality residential buildings and a hub for local artistic exhibitions, enhanced by its location at the heart of the city’s cultural district.

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Hestia is focused on delivering affordable residential assets that will have a positive impact on the environment and communities in which they reside. Since its inception, Hestia has embodied Federated Hermes’ Responsible Property Investment agenda by sourcing and developing homes in neighbourhoods people want to live in, to a specification enhanced by an eight year operational track-record and all aligned to the Hestia Net Zero Carbon Pathway.

The project's contribution towards creating vibrant and authentic communities has been emphasised by the recent appointment of local artist EV Hardaker (Emma) as SOYO's 'Artist in Residence'. Having worked with Emma for almost five years, Caddick Group recently cemented this partnership with the launch of THE ARCH, a major temporary art installation embodying the area’s identity. Emma will be further animating the area as the major regeneration project enters its final phase.

Paul Dodsworth, Construction Group Managing Director, commented: "Before a spade had even hit the ground on SOYO Madison East and Mercer West, collaboration was at the forefront of our operations. Working in partnership with Hestia and our sister company, Caddick Developments, means that we can ensure we achieve the very best quality across the board, creating landmark residential developments that regenerate a vibrant neighbourhood in Leeds city centre.

"As we continue to grow our residential portfolio across the north of England, SOYO Leeds marks a flagship era for us, and we look forward to seeing the space form a new cultural hub for this thriving metropolitan city."