“Landmark” Manchester property development to deliver over £28m economic boost

Select Property, a property developer, operator and investment specialist, has launched One Port Street, a “landmark” residential destination in the heart of Manchester’s Northern Quarter with construction due to begin imminently.

Construction is due to begin in early 2023, the development process will create at least 59 jobs and bring an estimated £28.07m of economic impact to the city by the point of completion. The construction process will also provide the opportunity for new training and apprenticeship opportunities for local people.

Comprising 477 “premium” apartments, it will be the first development in Select Property’s flagship residential brand the ‘Prestige Collection’, which centres around “high-quality” amenities and resident experience. Apartments range from one-bedroom to three-bedrooms.

Located in Manchester’s “world-class” creative district, the Northern Quarter, known globally for its street art, eclectic food scene and support for local businesses, it was recently named by TimeOut as one of the ‘World’s Coolest Neighbourhoods 2022’.

It also neighbours the popular area of Ancoats, named ‘Foodie Neighbourhood of the Year 2022’, and is just a short walk to Manchester Piccadilly station and the popular Arndale shopping centre.

Adam Price, CEO of Select Property, commented: “Launching One Port Street marks the culmination of decades’ of experience across the UK’s residential market, creating compelling places to live. One Port Street harnesses that knowledge to create the ultimate residential offer, and there is no better city to do it than Manchester.

“Once complete, the site will not only deliver for its residents, but it will bring greater value for the wider city too, creating an inviting neighbourhood with more green, public spaces and incorporating sustainability measures that will have a lasting positive impact on Manchester and its people for years to come.”

With a focus on welcoming hospitality and outstanding quality, One Port Street seeks to “redefine” city centre living providing the amenities of a “luxury five-star hotel and the exclusivity of a private members’ club”, giving residents the opportunity to socialise in any of the communal areas, or allowing the privacy to enjoy the surroundings alone.

Great care has been taken to ensure that One Port Street becomes a green gateway to the city with significant planting to create over 22,000 sq ft of public green space helping to create a better connection to the Northern Quarter, Ancoats and Piccadilly, as well as promoting greener travel with EV charging points and cycle storage.

By Matthew Neville – Senior Correspondent, Bdaily

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