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Leeds, 7th May 2013 - The Leeds residential team at Jones Lang LaSalle has successfully concluded a deal with Henry Boot Development and David Wilson Homes to purchase the historic former Terry’s Chocolate factory site on the outskirts of York. The site will see a mixed use scheme for hundreds of new homes and a state-of-the-art business centre with the first phase of a £75m programme for 270 houses and apartments expected to start later this year.
The 27-acre site was purchased for an undisclosed sum from the previous owners, GHT Developments LLP.
Guy Ackernley, Residential Director at Jones Lang LaSalle said: ““The Terry’s site is a prime development opportunity and an iconic piece of York’s history.The sale of the site indicates the increasing confidence developers have in the improving market and we believe this landmark development will provide one of the most sought after places to live and work in the city.”
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