Progressive Living is set to acquire a site from Network Rail to bring forward a co-living scheme featuring apartments and a hotel, along with eight railway arches to be converted into commercial and leisure space.
The half-acre plot on Gorton Street is owned by Network Rail and Progressive Living has agreed heads of terms to acquire the site, currently used as car park. A deal is expected to complete imminently.
Designed by BDP, the project’s tower reaches 36 storeys alongside the railway and includes apartments pitched towards millennial occupiers, with large amenity spaces and shared kitchen and dining space.
A hotel is also planned within the development, aiming for an operator targeting a “compact city centre lifestyle hotel”. This is expected to create between 50 and 60 full and part-time jobs.
Eight railway arches are all to be redeveloped as part of the scheme, targeted at retail and leisure operators, while the public realm around the arches is also due to be enhanced.
Further details of the number of apartments and hotel rooms are expected to be revealed at a public consultation, which will take place on 11 September, between 3pm and 7pm at the Manchester Cathedral Visitor Centre.
A planning application is due to be submitted to Salford City Council before the end of the year.
David Fairclough, director at Progressive Living Developments, said: “Greengate and the whole Chapel Street area of Salford has seen huge investment over the past few years which has completely transformed this part of the city. It boasts fantastic transport links being so close to Victoria Station and the tram system as well as being a stone’s throw from all that Manchester city centre has to offer.
“We are already working with our professional team to design an attractive, exciting and vibrant scheme which will offer residential and leisure opportunities to further regenerate Greengate. We look forward to sharing these plans in due course.”
Gorton Street was marketed by JLL on behalf of Network Rail. Progressive Living Developments acted for themselves with Gately LLP as legal advisors.
Turley is advising Progressive Living on its planning application. The professional team also includes Exterior Architecture and Renaissance.