Winvic Secures £130m Contract for 578-Home Leeds Build-to-Rent Towers

Winvic Construction has been appointed to deliver a major £130m build-to-rent development in Leeds after the scheme successfully cleared the Building Safety Regulator's Gateway 2 approval process.

The contractor has secured the contract from Lisbon Street Developments, a joint venture between Marrico Asset Management and Helios Real Estate, to construct 578 build-to-rent apartments on the former International Swimming Pool site close to Leeds city centre.

The development will comprise two residential towers rising 33 and 22 storeys above a shared podium and basement structure. Alongside the new homes, the scheme will include resident amenity facilities, commercial space, roof terraces and private balconies.

Construction is expected to commence in the fourth quarter of 2026, marking the next phase of a wider regeneration programme already underway at the site.

Winvic is already familiar with the location, having completed a 548-bed student accommodation scheme on the wider development site six months ago. The build-to-rent project represents the third major phase of redevelopment, following the student accommodation scheme and an aparthotel currently under construction.

Sustainability Focus

The development has been designed to achieve a Home Quality Mark 3.5-star rating and will incorporate a range of sustainability measures, including:

• Photovoltaic (PV) panels

• Decentralised air source heat pumps

• Enhanced building fabric

• Reduced operational energy demand

  
  

Supply Chain Opportunity

With construction expected to begin later this year, potential opportunities are anticipated across:

• Groundworks and civils

• Concrete frame

• Structural steel

• Façade and cladding

• Roofing

• M&E services

• Fire protection

• Internal fit-out

• Flooring and finishes

• Landscaping and external works

• Building maintenance and facilities management

  
  

Project Details

Developer: Lisbon Street Developments (Marrico Asset Management & Helios Real Estate)

Main Contractor: Winvic Construction

Location: Leeds

Project Value: £130m

Residential Units: 578 Build-to-Rent Apartments

Building Heights: 33 and 22 Storeys

Construction Start: Q4 2026

Mark Jones, Managing Director for Multi-Room at Winvic, said the project demonstrates the contractor's capability in delivering large-scale city centre residential developments and will contribute to Leeds' continued growth.

Disclaimer: Project information is based on publicly available announcements. Supply chain opportunities are indicative and suppliers should undertake their own due diligence when pursuing opportunities.