Developer Capital & Centric is to put the first 20 loft apartments at Crusader Mill up for sale at an open-invitation event on 15 July, stating its determination that local owner-occupiers should have the first opportunity to buy. Prices will start at £165,000.
C&C director Adam Higgins said: “We’re the custodians of Crusader and we owe it to Manchester to create something special. Again and again, people who want to live in this city miss out. Properties are marketed overseas or are snapped up by investors before people even know about them – no wonder they’re frustrated. Something needs to change and it starts with Crusader.”
The developer acquired the 200,000 sq ft cluster of mill and warehouse buildings on Fair Street, Chapeltown Street, Congou Street and Baird Street off-market in late 2015. In summer 216 it secured planning permission for a scheme designed by Shedkm that includes 200 apartments, with 126 apartments in the existing mill and a further 75 apartments in an adjacent new 10-storey building.
Some of the mill buildings are linked, forming a central courtyard, which will be landscaped as part of the scheme.
Higgins continued: “We know people want to own their piece of Manchester history and that they want spaces that will make their mates bloody jealous. Crusader will deliver this by the bucket-load.
“Every brick, every pipe, every stairwell echoes the centuries of industrial graft the mill has witnessed. The building belongs to Manchester, therefore it’s only right that the people who want to make this city their home get first dibs.”
Higgins’ co-director Tim Heatley added: “Crusader will be all about creating a community – with a city centre garden at the heart of the mill. People don’t want to live in isolated little boxes anymore, they want to be part of a place they call home.
“It’s a chance to get in at the start. People look to Ancoats, Castlefield, the Northern Quarter, and wish they could have invested years ago. Crusader hands that chance to the people. We’re not marketing this abroad, we’re not using investment agents. Crusader is for the people and we’d love nothing more than a landslide of demand from genuine buyers.”