Rowlinson to get £5.6m loan for Moss Side apartments

A special purpose vehicle owned by Rowlinson is to get £5.6m of funding from the Greater Manchester Housing Investment Loans Fund to progress a 92-home scheme in Moss Side.

The package was signed off at a Greater Manchester Combined Authority meeting today.

The funding will help support the construction of 92 apartments as part of a wider redevelopment of the former Stagecoach depot on Princess Road.

Plans for the scheme, which includes 54 family homes for market sale, 40 apartments in a single five-storey block, and 72 affordable extra care flats in a six storey block, were approved in December last year. Designed by Buttress Architects, it also includes a four-storey health centre.

The site has been vacant since Stagecoach relocated to new premises in Sharston in 2011.

Rowlinson was chosen as developer for the project by Manchester Place, a partnership between Manchester City Council and the HCA.

Dave Chilton, director of development at Rowlinson Construction, was formerly head of area for Greater Manchester at the HCA. He took up his role at Rowlinson in September 2014.

Rowlinson’s loan of £5.6m will bring the total value of loans approved by the fund to date, to £401.2m.

Rowlinson also secured a £10m loan from the fund in 2015 to build 80 one-bed, 63 two-bed and 21 three-bed apartments over two blocks of 11 and 10 storeys at Pomona Wharf. This development is now largely complete.

 

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Now what are the chances of some commercial units fronting Princes Road? This is MCC “planning” we’re talking about. And Rowlinson. And Manchester Place. So I suspect the chances are slim to zero.

Sorry to say but MCC need to take a trip to Liverpool to learn how to plan a city properly.

By Fed up with the state of our city

@Fedup… The development is surrounded by commercial/retail units – many of which appear to be barley staying alive. There’s no demand for another commercial unit in the location.

Manchester has absolutely nothing to learn from Liverpool when it comes to city planning.

By Raj

@Raj Just go and visit some of the main corridors into and out of Liverpool. You’ll find densely packed terraced streets book-ended by a continuous ribbon of high street lined with shops, cafes, take aways, pubs, bars and other small businesses. These aren’t particularly affluent areas but they work well for people. Interesting attractive buildings, great public realm, clean and well kept and a certain buzz about the area.

Time and again, MCC prove themselves unable to think holistically and basically have a very light touch towards developers, they’re notorious for it. By contrast, most corridors into Manchester are a complete mess. As much as it pains me to say it, the difference between Liverpool and Manchester is plain to see.

By Fed up with the state of our city

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