Developer picks up site for Trafford flats

Investar Property Group has acquired a 40,000 sq ft site on Talbot Road in Old Trafford, declaring its intention to build out more than 200 apartments.

The Manchester-based investor and developer intends to submit a planning application in the last quarter of 2019 for the site, close to the White City retail park and Trafford Bar Metrolink stop. It was acquired for an undisclosed sum from XYZ Properties, which was represented by Zaman Roberts.

Mace Consulting, JMW and Leach Rhodes Walker are working with Investar on the project.

Michael Dong, chief executive officer of Investar, said: “Trafford is undergoing a major transformation at present, outlined in the Civic Quarter Masterplan. With this, the area is demonstrating strong demand for new homes, especially as people are being increasingly priced out of Manchester city centre.

“The University Academy 92 is expected to create an influx in demand for contemporary living spaces. Our development will respond to this need by offering modern, city centre style homes, with easy access into Manchester for work and leisure.”

Investar is currently on site in Salford with Melody Gardens, a £6m social housing venture with Places for People, and has also got plans for a scheme called Fabric Village in Liverpool, a city where it has taken forward both new build and refurbishment projects.

Your Comments

Read our comments policy

Much needed

By Carl

A shame the area will not be able to sustain this influx of apartments as it does not have the required infrastructure in place.

By Rob

Related Articles

Sign up to receive the Place Daily Briefing

Join more than 13,000 property professionals and receive your free daily round-up of built environment news direct to your inbox

Subscribe

Join more than 13,000 property professionals and sign up to receive your free daily round-up of built environment news direct to your inbox.

By subscribing, you are agreeing to our Terms & Conditions and Privacy Policy.

"*" indicates required fields

Your Job Field*
Other regional Publications - select below