The City of Leicester is undergoing a dramatic transformation and is indeed a city for the future. Recently dubbed the “Cinderella City”, this dynamic and cosmopolitan city has embarked on an ambitious and exciting £2 billion investment programme that will see the creation of a new City Centre office quarter next to the railway station, a new shopping centre anchored by a John Lewis department store, a £48 million performing arts centre, city centre town and waterside housing and apartments, a new waterfront and marina development, and the biggest investment in acute health care services outside London.
Examples of investment planned in Leicester over the next 5 years, include:
- The New Business Quarter (Office Development) in the City Centre - £165 million
- A New Science and Technology Park at Abbey Meadows, to the north of the City Centre - £100 million
- Wolsey Island (residential) Development, next to Abbey Meadows - £295 million
- New Community (Housing) Development - £275 million
- Waterside Development - £344 million
- A new Performing Arts Centre - £48 million
- Retail Sector expansion - £250 million
- City Centre Public Realm investment - £15 million
- University Hospitals of Leicester NHS Trust - £761 million "Pathway" investment in its hospital services
- Leicester City Primary Care NHS Trusts - £50 million to provide health and social care centres
- University of Leicester - £300m development plan is transforming its campus
- De Montfort University - £250 million spent or committed to massive regeneration of the University Quarter
- Leicester City Further Education Colleges - for example Leicester College's £40 million rationalisation and rebuilding of its estate
