Phase one of Salford’s £200m X1 Media City scheme tops out

Property consultancy Knight Knox and developer X1 have celebrated the topping out of the first tower in their multi-million pound X1 Media City scheme.

To commemorate the milestone, a concrete square on the first tower’s roof was engraved with the initials of X1 and Knight Knox.

Knight Knox’s commercial director Andy Phillips and head of marketing Samantha Jones were in attendance, alongside X1’s operations and regional director Melissa Green and project manager Charlie Tombs.

The £200m project, designed by Liverpool architects Falconer Chester Hall, is set to transform the MediaCityUK skyline with four new towers overlooking the waterfront.

The scheme will deliver 1,100 apartments ranging from studios to three-beds, in addition to an on-site cinema, private gym and underground parking.

Homes within towers 1, 2 and 3 at X1 Media City are now fully sold out. At Tower 4, which was released for sale last month, 120 apartments have so far been snapped up by eager investors.

Knight Knox commercial director Andy Phillips said: “This is a significant point in the evolution of Salford Quays.

“Now that the construction of the first tower has reached this milestone, including the fitting-out of the lower floors, we are confident that when the site reaches completion it will stand out as top-quality investment purchase for investors and become a sought-after tenant destination, too.”

He continued: “Salford Quays has long been seen as a buy-to-let hotspot and we have seen increased investor appetite as landlords are drawn to the area’s high yields and close proximity to key amenities like shops and restaurants. Excellent transport links also allow tenants to travel to and from the nearby Manchester City Centre with ease.”

The entire scheme will be let and block managed by X1 Lettings. Liverpool-based Vermont Construction is carrying out the building work.

X1’s Melissa Green commented: “Salford Quays has been the focal point of the city’s regeneration in recent years and, with X1 Media City being at the forefront of residential development in the area, we’re delighted that the first tower has now topped out.

“With its excellent location and unrivalled amenities, we’re expecting young professionals flocking to live in the media hub of Greater Manchester to snap up tenancies in a heartbeat! We can’t wait for all four towers to take pride of place on the Quays.”

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