Salford embarks on developer search
Sites in the flourishing Greengate area of the city could be redeveloped into around 257 homes under council plans to acquire the land and enter into a development agreement with a preferred party.
Salford City Council is inviting developers to apply for opportunity before 27 September.
A development partner to deliver the high-rise housing projects could be appointed before the end of the year.
In July, Place North West reported Salford was seeking a share of the Greater Manchester Combined Authority’s Brownfield Housing Fund to unlock two sites at Greengate.
The GMCA and Salford City Council are to enter into a grant funding agreement for a portion of a £16m award from the government to the combined authority.
The sites in question are the former Waterloo Pub on the corner of Boond Street and Greengate, and King Street car park.
The plots fall into three different ownerships but the council is “optimistic that terms will be agreed” for the acquisition of the land.
However, a report to Salford City Council’s property and regeneration committee last month said “greater powers may be required as negotiations progress, including compulsory purchase powers”.
Several Greengate schemes are at varying stages of the development process.
- Renaker’s 50-storey Colliers Yard – under construction
- Elliot Group’s £70m The Residence – stalled
- Salboy’s Fifty5ive – under construction
- Bradley Manor’s 104-home Copper Works – under construction
- Embankment 100 and 101 offices – completed
- The 55-storey One Heritage Tower – plans approved
- Renaker’s Anaconda Cut – completed 2018
- Vita’s 356-home Embankment West – under construction
Salford City Mayor Paul Dennett said: “The Greengate Regeneration Strategy, adopted in May 2018, provides an updated vision for the area to become a dynamic residential and commercial place with an exceptional public realm.
“It is planned that the scheme will deliver high-rise residential development on a number of sites at this city centre location. Developers now have the chance to enter the selection process to apply for this unique opportunity.”