Developer Glenbrook on behalf of Latimer, Clarion Housing Group’s development arm, has commenced construction on a new £70 million, 280 apartment residential scheme at MediaCityUK which is set to complete in 2022.
The build for sale scheme is being delivered in partnership with MediaCityUK and is located on a former surface car park immediately adjacent to Booths’ food store in the heart of the internationally renowned MediaCityUK development.
Contractor Bowmer + Kirkland has been appointed to deliver the 231,000 sq ft Sheppard Robson designed buildings. The scheme received detailed planning consent in February this year and will provide 132 one-bedroom, 136 two-bedroom and 12 three-bedroom apartments. Demonstrating its commitment to delivering varied ownership opportunities, alongside 180 apartments for private sale, Latimer will be offering 100 homes for sale on a shared ownership basis.
Speaking about the development, Ian Sherry, director, Glenbrook, commented: “After acquiring the site in March this year, the construction contract was fully procured during lockdown. This is reflective of how well the key partners and project team have worked together to get this scheme to site and for us to start our first development with Latimer on such a positive footing.”
Richard Cook, Group Director of Development for Latimer, said: “These new homes are exceptionally located in the very heart of the action at MediaCityUK, an iconic setting that offers unbeatable work and leisure opportunities for its residents.
“We’re also pleased to be offering 100 homes through shared ownership, making this unique development more accessible through significantly lower deposits when purchasing a share of the property. Over time, buyers can increase their share of the property if they choose to until they own it outright.
“In the 19th century Clarion’s founder WiIliam Sutton gifted his entire fortune into philanthropic trusts to improve the quality of social housing, and we continue this ethos today by reinvesting our profits into building affordable homes and supporting communities across the UK.”
Stephen Wild, Managing Director of MediaCityUK said: “We’re delighted to be working in partnership with Latimer and Glenbrook on what will bring a great new residential development to MediaCityUK. It will create a more diverse range of opportunities for owning a home at MediaCityUK and is an important step forward in the next phase of MediaCityUK’s evolution.”
Neil Brook, Bowmer + Kirkland’s NW Regional Director, said: “We are looking forward to continuing an excellent working relationship that has been forged during the challenging past few months and to be constructing another high-profile scheme at MediaCityUK.”
MediaCityUK is a joint venture partnership between Peel L&P and Legal and General Capital.
Greater Manchester-based National Network Operator, Vaioni is relocating and opening its brand-new head office in the heart of MediaCityUK as growth surpasses 100 per cent over the last four years with a plan to achieve £20m turnover in the next three to five years.
Edinburgh-headquartered design and digital agency, Web Foundry is expanding into Manchester, opening an office base in MediaCityUK, as it reaches its 10thsuccessful year in business.
A thriving MediaCityUK IT consultancy, Mason Advisory, is celebrating five years in business and a five times increase in turnover.
