ECF to deliver 196 further new homes at Salford Central

10.04.24 3 min read by Charlotte Kennedy

Our ECF partnership with Homes England and Legal & General has announced that CBRE Investment Management will fund the latest project at the heart of the Salford Central.

The 23-storey building will include 196 apartments located on the bank of the River Irwell between The Slate Yard and Novella, both of which were also delivered by ECF.

These three buildings include over 800 new apartments at the heart of Salford Central. Morgan Sindall Construction, which built Novella and The Slate Yard, has been appointed as main contractor.

The new building will also feature 3,800 sq ft of amenity space for residents, including a gym, co-living and working space, and a 1,850 sq ft roof terrace on the twenty-second floor.

Designed by Hawkins\Brown, the building will feature a mixture of modern one, two and three-bedroom apartments.

Salford Central – delivered in partnership between ECF and Salford City Council – is already a thriving community of world-class workspaces for businesses, over 1,000 new homes and sits at the heart of the recent growth of Salford’s economy, creating long-term employment opportunities and more quality places for people to live.

The different housing tenures across the 50-acre Salford Central site include townhouses, built-to-rent properties, affordable homes and luxury apartments, which together are bringing a unique mix of people and creating a diverse community.

Development Director, Max Bentham, said:

We’re thrilled to be partnering with CBRE Investment Management. The CBRE IM team are fully aligned with ECF’s and Salford City Council’s vision that has created a thriving destination of homes, workspace and fantastic public amenities, in doing so creating major benefits for the wider Salford community.”

Hannah Marshall, CIO – UK Direct Real Estate Strategies at CBRE Investment Management said: “Like most European cities, Manchester’s Build-to-Rent market is undersupplied, and high-quality assets with strong sustainability credentials, like those planned at New Bailey, are rarer still. We look forward to working with our partners to deliver this scheme to the market, enabling 196 new households the opportunity to rent a sustainable home in close proximity to Central Manchester.”

Simon Arnott, Morgan Sindall’s managing director for the North, said: “We’re very happy to once again be on site at Salford Central with the ECF delivering the latest stage of its landmark plan for Salford.

“Over the years we’ve developed a collaborative and supportive relationship with the team at ECF and our local supply-chain, which has been instrumental in helping this project get to site efficiently. Throughout the three projects we’ve worked on, we’ve fostered a commitment to using our work on these game-changing schemes to improve the skills base and economy of Salford, in addition to the long-term aim of creating much needed new homes.”

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