Waterside Places, the joint venture between Muse Developments and the Canal & River Trust, has submitted plans for the fourth and final stage of the scheme, 15 years after approval for the first phase was granted.
The 106-apartment complex is made up of two towers of 16 and 11 storeys respectively and would sit on the corner of Great Ancoats Street and Old Mill Street, with phase three to the east and phase one to the south.
There would be 33 one-bedroom apartments and 73 two-bedroom apartments split across 77,000 sq ft.
The project team includes Savills as planning consultant, Ryder as architect, Buro Four as project manager, Hydrock and Hannan Associates as engineering consultants, and Rider Levitt Bucknall as quantity surveyor.
Eric Wright was lead contractor on the second and third phases of the project but no contract has yet been awarded for construction of the final phase.
Subject to planning approval, work is expected to start on site in autumn 2021 with completion projected for the end of 2022.
Tom Webber, senior development manager at Waterside Places, said: “We’re really proud to have significantly contributed to the transformation and positive regeneration of the area, which has seen Ancoats rise to be named the 13th coolest place in the word to live in 2019.
“The final phase of Islington Wharf represents the last part of Waterside Places’ ambitious masterplan that began in 2005.”
The wider Islington Wharf development began in 2005 when plans were submitted for phase one construction, and the first project completed in 2008.
The joint venture has also brought forward projects at Granary Wharf in Leeds and Brentford Lock in London.