Winvic Construction Ltd has been selected to construct a prominent £130 million Build-to-Rent (BTR) scheme in Leeds city centre. The appointment follows Gateway 2 approval for the project, which will be delivered on behalf of Lisbon Street Developments Limited—a joint venture comprising Helios Real Estate and Marrico Asset Management.

The development will introduce 578 apartments divided between two residential towers of 22 and 33 storeys. Construction works are scheduled to begin in the final quarter of this year. This contract follows Winvic's recent completion of a 548-bed Purpose Built Student Accommodation (PBSA) facility on the identical Lisbon Street site six months ago.

Both towers will sit above a shared basement and a single-storey podium. The podium is designed to accommodate resident amenities alongside two commercial units, whilst the basement will house car parking, ancillary facilities, and direct access routes into both residential structures. The architectural design also incorporates east-facing balconies and a roof terrace to optimise outdoor living spaces and city views.

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Sustainability features are central to the scheme, which aims to achieve a 3.5-star Home Quality Mark (HQM) certification. On-site renewable electricity will be supplied via photovoltaic (PV) systems, and decentralised Air Source Heat Pumps (ASHP) will be utilised to decrease operational carbon emissions once the buildings are occupied. Additionally, enhanced glazing specifications and upgraded building fabric will be integrated to lower overall heating and cooling demands.

In partnership with Leeds City Council, Winvic has established a Social Value Plan. The initiative will track local employment outcomes, including the creation of new jobs, apprenticeships, work experience placements, volunteering opportunities, and educational engagement initiatives.

The contract adds to Winvic's Multi-Room portfolio, which has delivered 15,000 beds across the UK to date.

Mark Jones, Managing Director for Multi-Room at Winvic, said: "Working in partnership with Marrico Asset Management, we look forward to delivering a high-quality residential scheme that will contribute to Leeds' continued growth and provide homes in a thriving city centre location.

"Following our recent work on the same site, this development is a great example of our capability. The scheme's scale, complexity and prominent city centre location make it an exciting addition to our portfolio."

Richard Bland, Partner at Marrico Asset Management Limited said: "Gateway 2 approval moves the scheme into delivery. We appointed Winvic following their work on the PBSA scheme on the same site, which gave us confidence in their ability to deliver here. The BTR towers are the third scheme underway on the former International Swimming Pool site, following student scheme and the aparthotel now under construction. Together with Helios, we are focused on bringing forward 578 well-built rental homes in a central Leeds location"