Bellway Homes has signed a contract with Leeds City Council for a £1.2 bn (EUR 1.76 bn) 20-year regeneration scheme that will transform some of Leeds' most deprived areas. Members of Leeds City Council's Executive Board agreed on Friday to back a strategic partnership with developer Bellway that will deliver one of the largest regeneration areas in the UK, called the East and South-East Leeds (EASEL) scheme.