Partner Article

£51 million project for NE developer

A land deal has been completed, paving the way for a £51 million apartment scheme by North East based developer, All Saints Living.

The company has acquired a site next to the central station in Warrington and expects to start construction in the autumn, creating a six storey complex with 284 apartments for private rent in the regenerated town centre.

The ground floor comprises undercroft parking for 256 cars and retail space, while the upper five floors contain open plan and contemporary homes with 106 having single bedrooms and 178 two bedrooms.

The foyer will overlook a new station square and provide a sense of place-making, with a better balance of public and private open space.

All Saints Living is a division of the Newcastle-upon-Tyne headquartered High Street Group – a multi-disciplinary operation established 10 years ago and involved in property investment, development finance and financial claims.

Among the company’s other projects are a similar, £40 million, 162 apartment, 26 storey project in Newcastle-upon-Tyne and a £35 million redevelopment of a former three storey office in the centre of Milton Keynes, providing 149 apartments on seven floors – including 500 square metres of commercial space on the ground floor.

Gary Forrest, founder and chairman of The High Street Group, said: “As the build to rent, or private rented sector, continues to grow due to demand for homes outstripping supply, we have taken this opportunity to develop these much needed homes.

“These are all exciting projects which we feel will enhance the towns and cities in which they are developed and I would like to thank all our partners for working so hard to help us make them possible.”

This was posted in Bdaily's Members' News section by Paul Dobbie .