Work will start on the 290-flat Anchorage Quay project early next year, once a main contractor has been appointed.
The 250,000 sq ft, L-shaped plan residential block will redevelop brownfield land on the corner of The Quay and Anchorage Quay which has lain vacant for several years.
Designed by Chapman Taylor architects, the delivery team includes structural engineers Renaissance, M&E consultant Novo and project manager/quantity surveyor Henry Riley.
It will be Cole Waterhouse’s second residential scheme in the area following in the footsteps of the 214,000 sq ft No1 Old Trafford, a two-tower 354 unit scheme, being built by Domis Construction that is due for completion in early 2021.
Damian Flood, CEO of Cole Waterhouse said: “We look forward to appointing a contactor as soon as possible and starting the build programme which will not only deliver much-needed, high quality homes but will also create new jobs and training opportunities for local people.”
He added “As part of our commitment to the area, Cole Waterhouse will pay a total of £1.3m towards local projects, including improvements to Ordsall Park, Monmouth Park, Montford Street Park and Weaste Cemetery. ”
Funds are also earmarked for several transport and highways improvement as well as a residents-only parking permit scheme.