Town Centre Securities has handed over its first private-rented apartment scheme at Manchester’s Piccadilly Basin, designed by architect SimpsonHaugh and built by GMI Construction.
The 11-storey project was delivered in partnership with Highgrove Group and includes 91 one, two, and three-bed apartments.
TCS is now pushing ahead with its second PRS project at the site, Eider House. Designed by Carwright Pickard, this is set to include 128 flats over a mixed eight and 10-storey block. The project secured planning consent in 2017 and is due to get under way this year.
Elsewhere at Piccadilly Basin, GMI is also nearing completion on the four-star, 137-bedroom Dakota Deluxe Hotel, set to open its doors later this month. Evans Property Group is the developer and has a long leasehold on the site from TCS.
Edward Ziff, chairman and chief executive of TCS, said: “To be delivering our first ever PRS scheme represents an exciting time for TCS. Piccadilly Basin is a unique regeneration scheme with far-reaching development opportunities and is the natural home for a luxury apartment development of this nature.
“We will diversify our portfolio in response to market demand where we recognise opportunities, and are anticipating strong interest in this new venture.”
The project team on Burlington House also includes Civic Engineers, JLL, and Max Fordham.