The scheme was designed by Calderpeel Architects. Credit: via Philosophy PR

McGoff and Consensus team up in Altrincham 

The developers have formed a joint venture to deliver the long-stalled Downs Quarter development. 

Consensus sold the Altrincham site, earmarked for a 39-home scheme, to a vehicle of peer-to-peer lender House Crowd in 2019 but work never progressed.  

House Crowd collapsed in 2021 and investors in the original scheme are understood to be owed around £8m, according to an administrators report.  

It had been rumoured that PH Homes was in talks to buy the site out of administration, however, that deal did not complete.

Consensus bought back the site for £2m late last year. 

Now, the company has joined forces with McGoff Group to bring the Downs Quarter forward. 

The project comprises a collection of one-, two- and three-bedroom apartments, as well as three-bedroom townhouses and a commercial unit. 

McGoff Construction will complete the design and build of the development, which is expected to take around 14 months. 

“The Downs Quarter is a superb site in a much sought-after location,” said Declan McGoff, joint managing director at the McGoff Group.  

“The opportunity to work with Derek [Thompson, director of Consensus] and deliver 39 new homes in Altrincham was something we were really keen to do, and we are very much looking forward to getting started on site.”

The Downs Quarter deal is the second time this year McGoff has formed a joint venture to progress a stalled Altrincham scheme. 

In February, Place North West reported McGoff had teamed up with Nikal to develop Altair in the town centre. 

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I hope it’s quicker than the McGoff/Altair development🤞🤞

By Anonymous

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