Moda Living is making significant strides in its first purpose-built student accommodation (PBSA) project, developed through a joint venture with Aermont, contributing to Caddick’s substantial £300 million investment in Leeds’ cultural quarter. The SOYO Block D development has received planning approval, with funding secured from the real-estate investment firm BGO.
Project Overview and Amenities
This ambitious development will introduce 291 student bedrooms, accompanied by a suite of resident amenities designed to enhance the student living experience. Highlights include a 24-hour gym, a rooftop terrace offering stunning views, and dedicated study spaces to foster an environment conducive to academic success. The completion of Block D is anticipated just in time for the 2027-2028 academic year, further solidifying the area’s reputation as a prime location for student accommodation.
Strategic Location
Situated on the south side of York Road, SOYO Block D is strategically positioned near key cultural landmarks such as the Leeds Playhouse, the BBC studios, and Leeds City College’s Creative Arts faculty, alongside Northern Ballet. This central location is expected to attract a diverse cohort of students, enhancing the vibrancy of the neighbourhood.
Timeline and Previous Developments
Construction work for the SOYO project commenced in 2019, with the initial two buildings, known as Moda New York Square, officially opening their doors in 2022. This first phase included 551 studios and apartments, catering to the burgeoning demand for quality student accommodation in Leeds. The completion of additional residential buildings, including Madison East and Mercer West, now provides build-to-rent options for more than a thousand residents, indicative of the region’s growing appeal.
Collaborative Efforts and Vision
Caddick’s project team comprises a robust consortium of industry experts, including ID Planning, Box Clever, and DLG Architects, among others. Rachel Groves, project director at Moda Living, expressed enthusiasm about entering this new chapter for the SOYO neighbourhood, stating, “We’re excited to begin the next chapter of the SOYO neighbourhood, as we look forward to providing students with accessible and sustainable accommodation that meets the needs of the next generation.”
Steve Ford, regional managing director of Caddick Construction Yorkshire & North East, highlighted the exceptional pace and quality of construction at Block D, noting that it reflects the energy and ambition driving the development of the new SOYO neighbourhood as a landmark destination for culture and community.
The advances being made at SOYO Block D not only signify a promising addition to the Leeds PBSA market but also underscore the commitment to creating high-quality, sustainable living environments for students in an increasingly competitive landscape.