FEC Angel Meadow

New market entrants join race for £200m MeadowSide

Charlie Schouten

London-based contractor Ardmore and Australian giant Westfield are bidding for their first jobs outside London after joining the race to build Far East Consortium’s £200m MeadowSide.

Both companies have been shortlisted alongside Manchester-based Russells to deliver the Gate and the Stile, housing 286 one, two, and three-bed apartments. The buildings reach 22 storeys and 17 storeys respectively, and sit within what was formerly known as the Angel Meadows site in Manchester.

Bouygues and Eric Wright were previously linked with the scheme but are understood to be no longer bidding for this part of the project.

Meanwhile, three contractors are in the running for the site’s plot five, which will house a combined 12 and nine-storey building containing townhouses and three-bed apartments. These are Bardsley, GMI, and Russells.

It is understood a deal has not yet been agreed with any of the contractors to deliver the project.

Ardmore is active in the capital and is working on schemes including a £77m hotel development in Stratford for Hilton and Adagio; and the first phase of the mixed-use redevelopment of the former Young’s brewery in Wandsworth for client Greenland, worth £170m.

Westfield owns shopping centres in Croydon and Stratford in the capital, and has a portfolio of retail assets and residential projects across the UK, where it acts as main contractor on development projects. MeadowSide would be its first residential project outside London.

FEC has an existing relationship with both contractors, having worked with them on projects in London and overseas.

Once a deal is agreed, FEC is understood to be hopeful of starting the projects later in the year.

The scheme has been designed by 5plus Architects; Cushman & Wakefield and JLL are the agents. Plans were submitted for the project in May last year, and approved in August.

Apartments for the one-bed apartments in the Gate and Stile is £189,950, while the two-bed apartments start from £289,950.

The last phase of the scheme, a 41-storey tower, is expected to be put out to tender in this year. Overall, MeadowSide will deliver 750 new homes across five buildings, alongside 6,600 sq ft of commercial space.

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Best part of £300,000 for a 2 bed appartment that will probably be tiny….I earn a good salary and couldn’t afford that. Definitely not aimed at the local population.

By coolmanc

Agree coolmanc. I suppose local population might also be aware this is a burial ground and was the “hell on earth” described by Engels on his first visit to Manchester. Hardly an illustrious part of the city.

The “regeneration” of Manchester really has lost its way.

By Town Planner