Crosby Lend Lease has acquired a city centre site in Castlefield, Manchester, to build residential units. Crosby is not disclosing how much the site was purchased for.
Planning permission has already been secured to build two six-storey blocks and a 12-storey tower at Potato Wharf. The development will comprise of 213 with one and two bedroom apartments, with prices expected to start from approximately £130,000.
Peter Vella, sales and marketing director for Crosby Lend Lease North West, said: “We’re confident that Potato Wharf will offer innovative city centre living, combined with improved local facilities.”
In addition, Crosby Lend Lease is in the process of purchasing an additional site adjacent to the current building proposal. The two and a half acre plot is currently being used as a cement works which, subject to planning permission, will also be used for residential accommodation.