JV tweaks Partington plans

One Heritage Group, a company focused on delivering residential and co-living spaces in Greater Manchester, has been admitted to the London Stock Exchange’s main market.

The combined authority has awarded the developer loans of £37.5m and £32.4m from its Housing Investment Loans Fund to support the development of just under 1,000 apartments across schemes in the Greengate area of Salford and within the Great Jackson Street regeneration zone in Manchester.

The developer, in partnership with Japanese investor Kajima, has submitted plans for 240 homes and a 147-bedroom hotel next to the first phase of the town centre regeneration scheme, an £80m retail and leisure complex. 

The 26,000 sq ft Diamond House in Salford is to be converted into up to 83 apartments under new proposals, potentially triggering a move for the local housing organisation.

The council has submitted a bid to the Government’s Towns Fund, with an advanced manufacturing institute within Kingsway Business Park at the heart of its proposal.

Aluminium and steel stockholder Richard Austin Alloys’ plans for a 37,000 sq ft complex at Northbank Industrial Estate in Irlam, and a Peel L&P recycling facility off Liverpool Road in Eccles are both tipped for approval. 

The developer has amended its planning application submitted last year for commercial units on land adjacent to the Stockport industrial estate, a scheme that would have increased the park's footprint by 1.2m sq ft.

The investor has bought the freehold of the developer's £85m residential scheme on Woden Street.

Oldham’s Town Deal Board has submitted plans to secure support from the £3.6bn Towns Fund, with a focus on five capital projects.