City wants to improve transport links as well

Nexus building cgi

City leaders in Leeds have revealed 拢1bn plans to build an innovation hub and overhaul transport in order to attract investors.

The plans, which will be revealed at Mipim today, are expected to highlight how the council is prioritising investment in innovation and transport connectivity.

Council leader Judith Blake is expected to say: 鈥淟eeds has seen a renaissance in investment with more than 拢3.9bn invested in large scale development projects over the last decade and a further 拢7.3bn worth of development planned and under construction.

鈥淏ut we know from ongoing conversations with business leaders and investors that access to talent and innovation as well excellent connectivity remain the priority to ensuring continued business growth and a buoyant economy post-Brexit.鈥

Details about how the University of Leeds鈥檚 planned 拢40m innovation centre, Nexus (pictured), will connect businesses with  research and talent from the university will also be revealed.

The university has also invested in the development of an Institute for High Speed Rail and System Integration, in readiness for HS2鈥檚 planned arrival in the city by 2033.