Re-start on site for Axis
Property Alliance Group has resumed construction on its Axis site in Manchester city centre. Work on a 27-storey residential building begins almost a decade after plans for a tower on the Deansgate Locks plot were first approved.
Contractor Russells Construction has confirmed that it has started enabling works. Concrete drilling equipment and site cabins are now visible on the site.
PAG and joint venture partner U+I, formerly known as Development Securities, initially began work on an 18-storey Axis office in 2007, with completion scheduled for 2009 before activity stalled.
The partnership were then granted planning permission for a reworked scheme in November 2014, replacing the office with a 27-storey residential building totalling 172 apartments.
At the time that consent was granted, completion was scheduled for autumn 2016.
However, the project suffered from persistent delays, which Property Alliance Group has said were due to negotiations with the Canal & River Trust, changing market pressures and construction material costs.
The development is now due to complete by the end of 2018.
JLL is the residential agent. 5plus is the architect.