Marrico Asset Management and JV partner Helios Real Estate has purchased the site for the £200m second phase of the former Leeds International Pool site.
The second phase is set to comprise 578 build-to-rent units across two towers of 21 and 32 storeys, with associated gym, residents lounge and communal areas. Work on site is expected to begin in 2025.
The first phase, a 529-room PBSA scheme, is currently onsite and is due to complete in 2025, opening in time for the next academic year
Phase three will be a 188-room aparthotel, with construction also targeted to begin in 2025.
