Asda endorses PLATFORM_’s vision for South Bank regeneration at Sweetfields development in Leeds with new store signing

21 May Asda endorses PLATFORM_’s vision for South Bank regeneration at Sweetfields development in Leeds with new store signing

Asda has signed an agreement for lease for a new Asda Express store at PLATFORM_’s Sweetfields development in Leeds’ South Bank, endorsing PLATFORM_’s strategy of developing in city centre locations with strong demographics and accelerating regeneration.

The new convenience store will occupy a prominent 4,000 sq ft unit within Sweetfields, a 1.3 million sq ft neighbourhood in the South Bank incorporating over 1,350 new homes and 160,000 sq ft of Grade A office and commercial space all set around a new public square. The store is scheduled to open in early 2027, coinciding with completion of the first BTR building of 451 apartments which PLATFORM_ is delivering in a joint venture with Housing Growth Partnership. It will provide a valuable local amenity for residents of Sweetfields and the wider neighbourhood.

Sweetfields is set to transform a key site in South Bank, delivering high-quality homes along with thoughtfully integrated community spaces. As part of the project, PLATFORM_ is also reinstating The Commercial Inn pub — a local landmark with deep historical significance.

This let forms part of PLATFORM_’s strategy to include essential retail within its developments, providing convenience and enhancing quality of life for its residents. The new Asda Express joins a growing roster of major grocery operators across the PLATFORM_ portfolio, including Co-op in Cardiff and Sainsbury’s in Glasgow evidencing the strong demographics and commercial fundamentals of the growth locations that PLATFORM_ selects for its sites.

Asda’s headquarters is just minutes from the Sweetfields site, making this a particularly significant location for the brand.

“We are pleased to be opening a new Asda Express at PLATFORM_’s Sweetfields development, further expanding our presence. This site is particularly significant for us given its proximity to our head office in Leeds, and it reflects our ongoing commitment to delivering Asda’s unbeatable value to the communities we serve. We look forward to bringing our Express format to residents at Sweetfields and supporting the wider regeneration of the South Bank area.”
– John Mutton, Head of Acquisitions at Asda

“It’s fantastic to be welcoming Asda Express to Sweetfields. As with all our developments, we aim to deliver more than just homes — we’re creating communities where people have everything they need close to hand. Asda Express will bring real everyday value to our residents and the surrounding area, and it’s especially meaningful to be working with a brand that’s headquartered right here in Leeds.”
– Kevin Watson, Operations and Commercial Director at PLATFORM_