Salford City Council has approved Knight Knox International and Fortis Developments' plans for a £75m buy-to-let residential scheme in Adelphi Street.
The 450,000 sq ft development on the bank of the River Irwell will be let and managed by Fortis Lettings & Management. Amenities include bicycle storage, an on-site gym, concierge reception area, landscaped gardens and underground parking.
Adelphi Wharf will be completed over three phases. There are 580 apartments and townhouses included in the first phase, which is due to be completed in the first quarter of 2017.
Knight Knox launched the scheme to potential investors in January. Prices for an apartment start at £94,995.