Mulbury moves into city centre residential
James Alderson has joined Manchester-based developer Mulbury from Arcadis to lead a new city centre residential development business.
Alderson will spearhead the developer’s recently launched Mulbury City division focused on private rented sector and other investor-backed housing development opportunities.
His past experience includes roles with Grosvenor, Gardiner & Theobald and Balfour Beatty while his project highlights include work on Liverpool ONE, Spinningfields in Manchester and the new Woburn Center Parcs.
Greg Mulligan, director of Mulbury Homes, said: “Our first PRS scheme at Port Street in Manchester’s Northern Quarter will be starting on site early next year and we have number of other city centre schemes in the land acquisition and planning stages.
“James’s experience of handling major city centre development projects will be invaluable as we expand our Mulbury City offering.”
Mulbury was previously known for its social housing projects in partnership with housing associations.
Alderson said: “Opportunities to develop schemes under PRS and similar investor-backed housing models are growing, particular in Manchester, but also in other cities across the North. Mulbury has grown on the back of its desire to provide a range of solutions to housing need and we are well placed to help our clients benefit from these new opportunities.”
Mulbury was given planning permission in September 2015 for its development of 134 apartments on the corner of Port Street and Great Ancoats Street. The £30m development was designed by Manchester-based Tim Groom Architects.
The Lymm-based company is in discussions with several institutional investors interested in purchasing and letting the properties upon completion. Mulbury also has plans in the pipeline for further city centre sites, as well as developments in Old Trafford, Castlefield and Salford.
