ISG confirms £70m PRS schemes in Manchester and Liverpool

Contractor ISG has been confirmed to deliver two PRS projects in Manchester and Liverpool worth a combined £70m for developer Brickland: a two-tower scheme in Cornbrook, and a nine-storey block on Blundell Street, both designed by Tim Groom Architects.

Place North West first revealed ISG was being lined up to deliver both schemes earlier this month, and the contractor has now confirmed it will be starting on site in the coming months.

The larger of the two is the scheme in Manchester, which sits opposite Cornbrook Metrolink station and features 363 apartments over two towers of 16 and 19 storeys. This features one and two-bedroom apartments alongside duplexes and townhouses. There is also a co-working space, a library, gym, residents’ lounge, and two rooftop gardens.

ISG’s contract value is around £48m; enabling works have already started with the main build set to commence in November, with completion pencilled in for autumn 2020. The project has been designed by Tim Groom Architects.

In Liverpool, ISG’s contract is worth around £24m, and will see it deliver 200 apartments in a nine-storey block on Blundell Street, within the Baltic Triangle, pictured below. This features a mix of one, two, and three-bed flats along with commercial space at ground floor level.

Work is set to start next month and is scheduled to complete in summer 2020.Tim Groom Architects Liverpool September 2018

Paul Munro, regional director for ISG’s North West business, said: “This appointment showcases our capability to deliver high-value projects in our core cities as we continue to contribute to the ever-changing skylines across Manchester and Liverpool. Both schemes address the region’s continuing demand for high-quality rented accommodation, alongside a real focus on creating a sense of community and place.”

Darren Leary, director at Brickland, said: “We are pleased to be working in partnership with ISG to deliver these two high profile schemes and hope that these projects will be a catalyst to further develop our relationship nationally on our wider pipeline.”

Last month, Brickland secured a deal with global investor Heitman to develop both sites, working with LIV Group.

Heitman manages more than 20,000 multi-family units globally, and has made the investment on behalf of an affiliate of the firm in what represents its first venture into the UK build-to-rent market.

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