A little while ago we wrote an article about how Channel 4 are moving a huge segment of their operations to Leeds, by transforming the Majestic Building into their new HQ by early 2020.
Now we’re excited to report a further development in Leeds’ expanding film and TV industry: Leeds City Council has agreed to lease the Whitehall Road site of the old Polestar Petty Printworks as a new premises to be called the Leeds Studios.
The initiative to turn the old printworks, once damaged by fire, is costing the developer, Versa, £1.6 million, payable as a loan from the Leeds City Council. Six new studios will be created in a total space of around 70,000 sq ft.
Channel 4’s move to Leeds has sparked a demand for studio space as it is anticipated that content will be created in Leeds itself. In fact, Channel 4 has already announced plans to film a new daily show in the city, and Leeds is expected to continue to grow in popularity as a location for TV and Film production.
Channel 4 might be the highest profile new entrant to Leeds’ TV industry, but it doesn’t stop there. The National Film and Television School have also announced it will be creating a new base in Yorkshire, due to open in 2020 and which will be home to 150 students.
It’s incredibly exciting for Leeds that this industry is seeing a boost in the local area, and will certainly contribute to the booming local economy. By working closely with the National Film and Television School, as well as other partners such as Screen Yorkshire and regional production companies, local talent can be nurtured to meet the demands of Leeds as a creative powerhouse.
The new Versa studio site will be operated by Prime Studios, a company who has supported the production of The ABC Murders for the BBC, which stared Hollywood actor John Malkovich and Hope Gap staring Bill Nighy.
The Yorkshire Evening Post quotes Ben Hepworth, Managing Director of Prime Studios as saying, “This is an incredible era for the screen industries in the UK, with film and TV spend reaching over £3.1 billion last year and the creative industries as a whole growing at twice the rate of the UK’s economy. The film and TV industries in Yorkshire have been invigorated in recent years.”
The Versa studios site will be located in the South West of Leeds city centre, just outside of the Holbeck Urban Village area. At Aspen Woolf we specialise in providing high return investment options to our clients. Leeds, and especially the South Bank area is a prime investment location. Have a look at what we have to offer.