Once financing is secured BAM Construction will build the development known as Latitude, within a short walking distance of Leeds Railway station.
The Monk Bridge project will involve building 463 flats arranged across 17 and 21 storeys, connected by shared gardens and 102 secure parking bays at ground and lower ground level.
The property arm has signed up BTR Capital Partners to identify a funding partner for what is one of the UK’s most significant regional build to rent developments
Martin Hill, development director for BAM Properties, said: ‘We have worked tirelessly with the LIV team over the past 18 months to create a best-in-class Build to Rent development designed to ensure we have a building that is futureproof.”
Nick Wiggans, associate director at BTR Capital Partners, said: ‘This is an exceptional opportunity to invest in a scheme where construction will shortly be underway with BAM, one of the UK’s most credible delivery partners.”