Leeds City Council hopes to strike a deal with one of the UK’s biggest institutional investors to part-fund a £100m orbital road, which is vital for the delivery of 5,000 new homes and other development.
FTSE 100 insurance company Legal & General (L&G) has expressed interest in part-funding the East Leeds Orbital Road (ELOR). Martin Farrington, the council’s director of city development, said the proposal was a “potentially ground-breaking and innovative...
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