Lloyds Banking Group has announced plans to convert its former office near Dawsons Corner in Pudsey into social housing.
Up to 80 new homes could be built in Pudsey, with work at the former office and data centre starting in 2026 if planning permission was granted.
The move is part of a wider plan from the bank to increase the supply of affordable homes in the UK by converting its disused sites into new social housing, with the first development in Pudsey.
Lloyds’ chief executive Charlie Nunn said: “Everyone has the right to build a future from the foundation of a secure home.
“Social housing is part of this country’s critical infrastructure, and we need to direct and increase investment into the right homes, in the places they’re needed most.”
If planning permission was granted they would identify a suitable developer and sell the site to them under the commitment that at least 80 homes would be built there.
A full review of the group’s legacy commercial real-estate portfolio is currently under way, with plans progressing to finalise additional sites that could also be developed by housing partners as social housing in the coming years.
The news comes after new chancellor and Leeds West and Pudsey MP Rachel Reeves announced plans to build 1.5 million homes in England in the next five years.
Lloyds left its Pudsey office in 2020.
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