A joint venture between X1 Developments and Knight Knox International has launched X1 Media City, the 1,000-apartment development in Salford Quays, to the buy-to-let market
X1 Media City was granted planning permission by Salford City Council earlier this year. Vermont Construction is expected to start on site with the scheme in February 2015.
The apartments are spread over four towers, which include 22,700 sq ft of commercial space. The blocks will have a mix of studios, one-, two- and three-bedroom apartments.
The first and second floor spaces will be available for commercial and retail units, in addition to a private gym and cinema. There are two levels of underground parking.
The £200m development is on a wasteland site within phase two of MediaCityUK.
Knight Knox International previously launched X1 projects in the area, including X1 Salford Quays phases one, two and three.
Samantha Jones, head of marketing at Knight Knox, said: "The launch of X1 Media City is something we have been planning for many months. Investor appetite has grown in line with confidence in the UK buy-to-let market, and we have seen heightened interest in the local market over the past 18 months.
"Since launching our first joint venture with X1 Developments back in 2012, we have sold out eight sites and demand for X1 projects is extremely high, mainly due to the quality of the build and the professionalism of the lettings and management team. X1 Media City is certain to become an iconic development for Salford Quays and will rival anything located in the city centre."
The architect on the scheme is AHR.