Tuesday, June 3, 2025

Leicester accelerates regeneration with Waterside housing investment

Leicester City Council will retain a block of new-build apartments from the Waterside regeneration scheme to serve as temporary accommodation for homeless families. The eight two-bedroom flats, known as Lambert House, are part of the wider Waterside project, a £80 million-plus initiative being developed in partnership with Keepmoat Homes.

The mixed-use development comprises more than 350 homes, with over 200 already complete, alongside new public spaces on former industrial land adjacent to the Grand Union Canal. Additional phases are underway, with 34 homes on Soar Island scheduled for completion by year-end and 53 more properties to follow in the Canal Frontage phase by 2026. A separate specialist care facility, delivered by a third-party provider, is also expected to break ground later this year.

Four commercial units are planned within the scheme, positioning the project as a key component in Leicester’s strategy to revitalise disused industrial zones into liveable, mixed-use communities. The redevelopment has also included infrastructure upgrades, such as the refurbishment of the Soar Lane bridge, which improves connectivity across the site.

The council’s decision to allocate Lambert House for temporary accommodation supports its broader goal of delivering 1,500 new social or supported housing units by 2027, addressing the city’s rising levels of homelessness.

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