Bolton-based Forrest completes £11m first phase of X1 Eastbank

Contractor Forrest has finished constructing the multi-million pound first phase of the X1 Eastbank scheme in Manchester.

The eight-storey development, located off Great Ancoats Street, comprises 111 buy-to-let one-, two- and three-bedroom apartments, all of which have been sold off-plan.

Forrest’s completion of the £11m phase one marks the first of three schemes the Bolton-based business will deliver for property firm X1, on contracts worth a combined £55.5m.

The latest appointment, announced in September, will see Forrest create the 19-storey X1 The Gateway tower in Salford Quays.

https://bdaily.co.uk/environment/29-09-2016/bolton-firm-forrest-to-deliver-201m-salford-quays-tower-scheme/

In total, Forrest and X1 are working together to deliver more than 500 apartments across Greater Manchester.

The head of new build at Forrest, Neil Ashworth, said: “Our appointment to the X1 Eastbank scheme marked our entry into large-scale private residential sector development.

“Since then, we have established a strong partnership with X1 Developments, and the sector continues to be a driver for our growth plans.”

X1’s operations and regional director, Melissa Green, commented: “The speed which units in X1 Eastbank sold at is a testament to the quality development that we have produced.

“With demand in the market continuing to rise, we look forward to seeing similar results from our upcoming schemes currently being constructed by Forrest.”

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