Allied London seeks developer for ‘ambitious’ vertical village project

Property firm Allied London is seeking a residential developer to implement phase one of its Trinity Islands scheme.

The project’s first phase will create 1,000 residential units along with commercial and leisure space, including what will become the tallest residential tower in Western Europe.

The development is located on the part of the site bounded by Trinity Way and surrounded by Wilburn Basin and One Regent Square.

Allied London chief exec Michael Ingall said: “When we developed the residential element of Spinningfields, the 500-unit Left Bank development, we adopted the same process; following planning consent approval we sold a long lease to an experienced, well known residential developer to build the development, keeping the commercial element.

“I hope we can do something similar here for this really exciting new development, although our priority is to see the site developed now, and I am sure there will be interest from well-known and established residential developers.”

When plans for the project were submitted in March last year, Mr Ingall said Trinity Islands represents one of Allied London’s “most ambitious developments” to date.

Once complete, it will comprise 1,400 homes and 150,000 sq ft of commercial, leisure and education space.

Allied London has appointed property services company CBRE to market the first phase to the residential developers.

Tom Sinclair, a senior surveyor in CBRE’s UK development and residential capital markets team, commented: “Trinity Islands phase one presents a rare opportunity to secure a prominent development site in Manchester city centre.

“Interested parties will benefit from Allied London’s wider redevelopment of exciting mixed-use neighborhoods at Trinity Islands and St. John’s.”

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