Q Developments launches search for Salford funding partner
JLL has been tasked with finding a backer for the firm’s 538-bedspace Cross Lane PBSA project, a scheme with a GDV of £98m.
To be built on the site of the former McDonald’s regional head office close to Salford Crescent railway station, the development is to top out at 27 storeys, with a 19-storey shoulder block.
Broadway Malyan is the project architect, while DPP took the scheme through planning.
Ideally, the developer is looking to start on site this summer. A selection process is underway to appoint a main contractor, with a shortlist of firms in contention.
The site is ready to go live, with a fully complete stage 4 design.
Managing director Sean Quinn said: “We’re thrilled to be bringing this landmark student accommodation development forward in the heart of Salford.
“This project will deliver high-quality, much-needed housing for students across both Salford and Manchester, supporting the continued growth and vibrancy of the region’s academic and cultural life.”
Absolute joke do the area a favour with aforedble housing in stead of pushing the people out these colleges always say they have no money but can find money for student accommodation wich they make a fortune off and buy more land there not a university or college there desqesd estate agents making a fortune of the back off salford city and driving the lower ladder renters out
By Anonymous
Hi Anonymous. This is not a University of Salford project. It is being privately developed. Best wishes, Dan
By Dan Whelan
There are so many jobs and opportunities in Manchester and Salford nowadays
By Anonymous
@anonymous Where do anyone find the money? Well if there’s a “fortune” to be made someone will be willing to lend the money and get a nice return… Basic capitalism…
By Ian Heart