Embankment West New
Ask Real Estate and Select Property Group are targeting a July start on site for 600 apartments at Embankment West

Salford approves 2,000 flats

Salford City Council’s planning committee has granted consent to almost 2,000 apartments across four developments, the latest large-scale schemes to be brought forward in the city from developers including Renaker, Ask and Select Property Group.

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Waterfront Quay, Salford Quays

TH Real Estate has been granted planning permission for a £140m development on Salford Quays’ Pier 7, which will see up to 800 apartments replacing a 1980s office park.

The redevelopment would total 700,000 ft of residential space, and would include 20,000 sq ft of retail units alongside landscaped public realm and pedestrian links. The apartments would be for a mix of owner-occupiers and private renters.

CJCT and GW Planning are advising on the scheme.

Waterfront Quay aerial

 

Exchange Court, Greengate

Renaker Build subsidiary AQ Investments is bringing forward Exchange Court, a 350-apartment building in Greengate, for the private rented sector.

The 350 one-, two- and three-bedroom flats will be built on a 0.5-acre triangular plot between the River Irwell and Trinity Way.

The 130m glazed tower, designed by OMI Architects, includes a 16-storey brick and aluminium-clad lower elevation.

The scheme will be targeted at the private rented sector and will include amenities such as a gym and a rooftop garden.

Exchange Court Renaker side

 

Embankment West, Greengate

Also in Greengate, a joint venture between Select Property Group and Ask Real Estate is planning to build 694 apartments at Embankment West.

The scheme will be split into three towers of 12, 25 and 32 storeys, with a mix of flats available for the private rented market from studios to three-bedrooms.

The development will operate under Select’s Affinity Living brand. The scheme was designed by Callison RTKL.

Embankment West Callison RTKL

 

111 Taylorson Street South, Exchange Quay

First mooted in 2008, Northern Irish developer Bredale Properties has finally achieved planning consent for redevelopment of Cygnet House in Exchange Quay.

The application for a 204-bedroom hotel, 45 apartment hotel suites, 132 residential flats, 150,000 sq ft of office space, 13,000 sq ft of leisure facilities, and 8,000 sq ft of retail units gained planning approval in 2012, although did not start on site.

The plot at 111 Taylorson Street South is currently occupied by a Pure Gym, and was formerly a Post Office.

Povall Worthington is the architect.

111 Taylorson Street South

Your Comments

Salford is romping away with development, with these as well as 100 & 101 Embankment, City Suites, 2 Greengate, New Bailey, Wilburn St Basin, Middlewood Locks. Riverside and that foul Dandara scheme that’s rearing its head again. Stonger signals of optimism in office and resi than anywhere outside London other than “Manchester-proper”. Time this was emulated and replicated in Liverpool or are we to rely on student hutches in perpetuity?

By timelord

Roll up roll up the buy to let slums of the2030s

By don draper

Slums they are not and will never be…Salford has grown of age…

By Schwyz

I think don is right to be honest. As if future generations are going to be stupid enough to line developers/investors pockets rather than buy their own homes forever – I think this concept is a bit of an insult to savvy kids who more than ever can see through marketing rhetoric/bs. When I look at greengate I see the high-rise council tower blocks of the future – hopefully the different ownership will mean they’re better managed but I can’t help predicting that they could end up as huge problem areas. Like rebuilt Hulme crescents.

By Correct

People live in apartments across the world without any problems, why would it be any different in England? People are also coming round to the idea that there’s nothing wrong with renting, in fact it’s often better than rushing into buying and getting it completely wrong.

By Shappers

Shappers – please demonstrate one example globally of where so many apartments have been thrown up so quickly that’ll all need filling quickly – while pipelines are already in place to build a load more? While I see growth in Manchester and Salford’s population, I fail to agree that such a large proportion will want to live in a tower block in the city centre, particularly when you start looking at real world evidence.

You’re absolutely right that there’s nothing wrong with renting – but surely you appreciate how sensible it is to buy property for future security (both financial and residential) where one has the resources to do so, particularly when new-build PRS rents don’t seem to be set at bargain prices? Not everyone wants to live in (well, just on the edge of) the city centre forever as well – most “young professionals” I know get well bored of it within a couple of years and appreciate the better quality of life and better places to bring up kids provided by nice suburbs. Agree with you that it’s great to have the choice though, just not necessarily the persuasion away from what I consider to be sound financial advice re: buying that’s been provided to young professionals until recently.

More high-quality suburban PRS housing rather than flats would be very welcome though to provide that extra choice – particularly if underpinned by some sort of “right to buy” scheme – this could work brilliantly and cover all bases while building a sustainable mixed-community which will benefit everyone within it.

By Correct

People aren’t coming round to the idea that there’s nothing wrong with renting, they are reluctantly accepting it as the next best option as they can’t afford to buy. The overwhelming majority would buy if they could afford to and only property investors are saying otherwise.

By Imperator

Spot-on Imperator.

I have no issue with developers and investment funds making profit – but think it’s borderline unacceptable using glossy marketing to try to persuade potential homebuyers of the future that they’re better of renting – as clearly this is utter nonsense. It’s effectively the same as suggesting they’d be better offwithout a pension.

By Correct

I don’t think the marketing is persuading people away from buying (the housing market has already made that decision for them), but is giving people for whom buying realistically isn’t an option the opportunity to rent at a higher standard. At the moment private renters are faced with an incoherent world of dodgy landlords, awkward estate agents, poor storage in every property, and no security. A lot of young professional types could afford to buy, if they sacrificed lifestyle and independence to go and live in their parents’ back bedrooms for a few years, which many won’t or can’t. Speaking as a 25 year old, with limited savings and no ‘bank of Mum and Dad’ to call on, I like the idea of being able to live somewhere of high quality in the city centre (if that’s what these projects end up being), rather than at the moment being in the worst of both worlds – poor renting options, and even poorer chances of owning a property any time soon.

By Yuppie renter

Spot on Imperator.

The suggestion that young professionals are better off renting than buying is effectively the same as suggesting they’d be better of without a pension.

By Correct

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