Queensberry to deliver 500-apartment scheme in Manchester city centre
Manchester Place, a government-council partnership set up to boost the supply of new homes, has chosen development partners to deliver hundreds of new properties at a southern gateway into the city centre.
Buccleuch Property – selected through one of its core residential joint ventures, Queensberry Properties – has been appointed to transform a site on Little Peter Street into around 500 homes.
The proposed scheme will comprise a mix of apartments for sale and rent, in addition to ground-floor mixed-use space and new public realm.
The JV is backed by Netherlands-based investment management fund Bouwfonds.
Buccleuch Property MD David Peck said: “We are hugely excited about the opportunity Little Peter Street represents and believe its location at the heart of this strategic masterplan makes it one of the most important sites in the city.
“Our vision is for a high quality residential led development that will create a neighbourhood where people will want to live, work and create a sense of community and play.”
Queensberry Properties will now formulate detailed plans for the scheme.
Bounded by Medlock Street, Jordan Street and the River Medlock, the site is part of the wider development framework for First Street, which includes the arts centre HOME.
Sir Richard Leese, the Leader of Manchester City Council, commented: “This development will create another high quality neighbourhood in the city centre, adding to the mix of residential options, providing new public space and opening up the River Medlock to link with nearby neighbourhoods such as First Street.
“It is yet another vote of confidence in Manchester by investors and demonstrates that it is very much business as usual for the city.”
Manchester Place chief exec Paul Beardmore said: “Manchester Place continues to promote and support great residential growth in the city.
“This is another example of our involvement in making things happen on the ground and bringing in new names in the world of development and investment.”
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