£1bn North West development supporting 6,000 jobs announces ‘major milestone’
A ‘major milestone’ for one of the largest single regeneration projects in the North West has been reached this week as dignitaries gathered to mark the occasion.
Regeneration expert Scarborough Group International (SGI) has achieved topping out for ‘Railings’, phase three of Middlewood Locks, the £1bn mixed use scheme and new neighbourhood under development in Salford.
SGI hosted a topping out ceremony at Railings where 189 new residential apartments and townhouses are being built and are available for sale. Over 50 special guests gathered including Deputy Ceremonial Mayor of Salford and ward councillor for Ordsall, Tanya Burch, and the Chinese Consul General, Rui Tang.
Senior representatives from SGI’s joint venture partners Metro, who flew in from Singapore for the event, main contractor BCEGI, Salford City Council, Homes England and the delivery team were also amongst guests.
Identified as a key strategic development opportunity more than 20 years ago, the 25-acre brownfield site where Middlewood Locks now stands has already been transformed into a ‘thriving’ new mixed-use neighbourhood, directly connecting Salford to Manchester city centre.
It is now home to over 2,000 residents in 1,117 apartments, supported by amenity, and engaging public realm. Seven Bro7hers Beer House, 92 Degrees Coffee Shop and a Co-op convenience store support the growing community within an established oasis of green spaces along the canal.
‘The Railings’ has introduced the option for family living with 189 new homes including seven waterside townhouses, six mews houses alongside a mix of one, two and three-bedroom apartments. With topping out achieved the new homes are expected to be available for occupation towards the end of 2024/early 2025.
All of the townhouses have now sold along with a number of the apartments and mews houses. In July this year SGI launched a brand-new show apartment to showcase the quality of the specification with the interior styling and furnishings designed and supplied by John Lewis.
Middlewood Locks is a joint venture being delivered by SGI with Metro Holdings Limited, a Singapore-listed property development and investment group, and Hualing Group, based in Urumqi, Xinjiang, in China.
Seven years under development the scheme has already made a considerable economic impact, supporting around 6,000 jobs with the total local economic benefit to the Greater Manchester sub-region for phases one and two at £260m.
By Matthew Neville – Senior Correspondent, Bdaily
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