Salford City Council and LPC Living have agreed the next £45m phase of the Ordsall housing regeneration scheme.
The five-year programme will deliver 425 homes, allotments and new public open spaces. The derelict Ordsall District Centre and St Clement's school site will be redeveloped.
Launched in 2006, the Ordsall Development Framework was created to bring about transformational change to one of the most deprived areas in the UK. Under the deal Salford-based LPC Living, which is owned by the Pervaiz Naviede Family Trust, was appointed as the exclusive developer for an area of 190 acres between Salford Quays and Manchester city centre.
The developer was tasked with attracting first-time buyers and families back to Ordsall, creating new employment opportunities and making physical improvements to the area benefitting both new and existing residents.
So far more than £50m has been spent delivering more than 300 new homes, improvements in parks and green spaces and a primary school.
Next to the residential, LPC built a retail centre on Trafford Road comprising a Morrisons supermarket, Travelodge hotel, NHS health centre, a high street of shops and community Police base.
Simon Ashdown, director at LPC Living, said: "The startling transformation of Ordsall into a thriving community has been achieved thanks to the successful collaboration with Salford City Council and local residents. We're delighted that this partnership will continue for another five years allowing us to tackle a number of key sites to provide quality housing and environmental benefits for those living and working in the area."