Angel Gardens set for approval
A 458-apartment private rented sector scheme at NOMA in Manchester is due to be granted planning permission later this week.
The development from Moda Living, a PRS joint venture between Yorkshire-based Caddick Developments and Generate Land, is a part seven-storey, part 34-storey tower, which includes 20,000 sq ft of commercial space, a roof garden and a games area on a plot between Angel Street and Miller Street.
The block is the first residential element within The Co-operative and Hermes' NOMA masterplan, and will be marketed for sale to a single investor.
Angel Gardens has been recommended for approval by the Manchester City Council planning committee, which is meeting on 19 March.
Moda Living announced in December that it was targeting the North West in its launch pipeline with the 450 units planned at NOMA in Manchester and 300 in Peel's Liverpool Waters.
The total initial secured development order book contains 2,750 units, valued at £580m. A further 3,000 flats are planned, which would take the portfolio value to £1bn if delivered.
The architects on Angel Gardens are HAUS Collective and Fuse Studios, with landscape architecture by Planit-IE. Planning advice is from Deloitte Real Estate, while Turner & Townsend will provide project and cost management advice. Tate Consulting is the services engineer and BuroHappold the structural engineer.