Having bought the Manchester site earlier this year, the developer has started groundworks, paving the way for a 24-home scheme at Slate Wharf more than four years after the project was approved at planning.
Prestbury Estates’ contracting arm Prestbury Construction is carrying out the 12-month build.
The developer bought the Castlefield site, known locally as Plot G, from Waterside Developments earlier this year, as revealed by Place North West.
Following the acquisition, Prestbury Estates confirmed it intended to deliver the project as consented. The development includes a mix of one-, two- and three-bedroom apartments on a small plot next to the Wharf pub.
GA Architects designed the scheme, which will sit on a small site next to the Wharf pub close to Castlefield Basin.
The plans have proved controversial among some residents who want the plot to be preserved as public green space.