Renaker Build has started the first phase of enabling works at Crown Street, featuring two towers of 51 and 21 storeys in the Great Jackson Street area close to Manchester’s Deansgate station.
The move suggests the developer contractor will make a start on the scheme, which will include 664 one to three-bed apartments, within 2018.
A Renaker spokesman told Place North West: “Certain enabling works are being carried out. The main contract works have not yet commenced but we would anticipate starting in the next few months.”
The company, founded by ex-Laing O’Rourke man Daren Whitaker in 2006, is currently on site at the 44-storey 100 Greengate in Salford; and close to Crown Street is well on the way to delivering Deansgate Square, which features a tower of 66 storeys and will ultimately deliver 1,500 apartments.
In its latest results filed with Companies House, covering the year to 31 October 2017, the company reported a turnover of £97.3m and a pre-tax profit of £3.5m, up from £88.5m and £2.8m year-on-year respectively.
The Crown Street development has been designed by SimpsonHaugh & Partners, with Deloitte acting as planner. It sits within the Great Jackson Street development area, for which Manchester’s strategic framework was refreshed in late 2017, marking the area out for intensive development of residential towers.
Renaker’s scheme is at the development site known as Plot C, close to where the Mancunian Way meets Chester Road.