Designed by DK Architects, the X1 The Landmark development will consist of 191 one, two and three bedroom apartments, together with two, three and four bedroom townhouses.
It will also feature a double-height gym, residents lounge, courtyard garden, concienge and secure parking.
The £31.2m scheme is the fourth contract Forrest has been awarded by X1.
The business completed phase one of X1 Eastbank project last year, and is currently onsite at X1 The Plaza and also X1 The Gateway.
Tim Waters, senior project manager at Forrest said: “Building on our successes on similar projects for X1, our appointment to this scheme further strengthens our presence in delivering high-quality city centre living.
“The scheme will act as the gateway leading into the Middlewood Locks development in Salford so it’s a key scheme for the improvement of the wider area”.