The Liverpool-based developer has bought a site at the junction of Ordsall Lane and Dyer Street near Salford Quays from electrical manufacturer Selectric and aims to bring forward a 196-apartment scheme called Merchant’s Wharf.
The development will be Legacie Development’s first in Greater Manchester and is being delivered in partnership with investment firm RWinvest. The value of the site acquisition was not disclosed.
Together, RWInvest and Legacie plan to deliver 2,000 units in Manchester within the next three years, according to Michael Gledhill, director at RWinvest.
Selectric, which is looking to relocate, secured planning consent for an apartment scheme at the site earlier this year.
Salford City Council granted consent for two buildings, at seven and nine storeys, on the one-acre site next to the River Irwell. The two buildings currently occupied by Selectric are to be demolished under the plans.
Legacie intends to use the existing planning consent rather than seek fresh approval, and aims to be on site in late autumn, a spokesperson for the developer told Place North West.
A new project team has been appointed following Legacie’s acquisition of the site, including Zerum as planning consultant and Falconer Chester Hall as architect, the spokesperson added.
Under Selectric’s plans, Euan Kellie Property Solutions was the planning consultant and Fletcher Rae was the architect.
John Morley, managing director of Legacie Developments, said: “The area between Salford Quays and Manchester City centre is experiencing a real renaissance with huge investment and regeneration underway.
“Our development, comprising 196 apartments, will add further quality to the residential offer in the area. This is Legacie’s first development in Greater Manchester and we are looking forward to starting work.”