M1 Piccadilly has submitted a planning application to the city council for a 15-storey development on Store Street.
The developer is part of Faizal Atcha’s LW Group, a conglomerate of companies, specialising in franchising, textiles, property development, asset management, and sports agency.
M1, which includes Liverpool footballer Naby Keita among its investors, is working with 5plus Architects on the £17m Store Street project, which comprises 54 flats including three triplex penthouse apartments.
The developer’s project, which has a striking gold façade, features a cinema room, gaming room, covered terraces, residents’ lounge areas, and private office space.
A previous planning consent on the site secured by Westward Estates Developments lapsed in 2020. Westward’s scheme was a 13-storey block with 34 apartments designed by BDP.
LW bought the site, located close to Property Alliance Group’s recently completed Oxygen, following the expiry of Westward’s permission.
Speaking to Place North West last summer, Atcha said: “As a developer, I am interested in looking at areas that have been disregarded somewhat and bringing them into productive use.
“On successful completion of this project, we are looking to invest more into overlooked but once-dynamic neighbourhoods in Manchester.”
In addition, there would be one two-bedroom duplex and three triplex apartments on the upper floors, each with three bedrooms.
Zerum is the planning consultant for the project.