TCS to start northern apart-hotel and PRS schemes

Aaron Morby 6 years ago
Share

Developer Town Centre Securities is planning to start a major private rental flats scheme in Manchester and apart-hotel in Leeds this year.

The two projects are going ahead as the developer rebalances its investments away from retail to more hotel and residential schemes.

Leeds proposals include replacing the current outdated 1930s and 1980s buildings with a new apart-hotel

In its home city of Leeds, the developer is working with the city council to deliver a 126 aparthotel units at George Street on a site that sits between Kirkgate Market and Victoria Gate

as well as nine ground floor units for a range of commercial uses, including retailing, cafés and restaurants, bars or takeaways.

It confirmed work will now get underway this year.

100,000sq ft building Eider House will comprise of 128 luxury homes

While in Manchester ,it will also start work on Eider House, a 128 private rental flats scheme to be built at a site on Ducie Street in Piccadilly Basin.

Eider House will consist of two linked eight-to-ten storey buildings and include a range of 1, 2 and 3 bedroom flats, two duplex and nine townhouses.

Earlier this month TCS also submitted plans for a 17-storey office and retail tower at the Merrion Centre in Leeds.

The new tower would be built near the existing 12-storey Wade House and forms part of wider plans for the phased redevelopment and refurbishment of the Merrion Centre to make it a mixed-use destination.

The proposed new building will sit above the Home Bargains store and offer 170,000 sq ft of offices over 16 levels.

Edward Ziff, chairman, said: “We continue to improve our portfolio and maintain our track record of managing the business for long-term success, notwithstanding that the combination of Brexit uncertainty and continued seismic change in retailing makes it a tougher environment in which to operate.

“This means the importance of our development pipeline, that we have built up over time into a sizable opportunity, is clearer than ever.

“We remain optimistic about TCS’s prospects and the opportunities in our development pipeline.”

 

Latest news

London new home starts plunge 38% as Building Safety Act bites

Capital only region to see Q1 fall in NHBC new home registrations
18 hours ago

145 firms win places on £800m building safety framework

Fusion21 confirms latest winners: Full list
14 hours ago

Higgins Homes and site workers face manslaughter charges

Contractor and four site staff charged after woman killed by falling pallet of bricks
2 days ago

Operator spots cracked mast on Hinkley tower crane

Hinkley Point C contractor hit with safety notice over failed mast pin and cracks
23 hours ago

Countdown starts for £1bn Birmingham highways bid race

Council will break-up mega framework into five lots
23 hours ago

Acciona wins £400m Thames waterworks upgrade

Lea Valley Coppermills water treatment works to get full overhaul
23 hours ago

Pension giants pledge £25bn for infrastructure push

Seventeen pension providers pledge to invest in projects
22 hours ago

Safety row over London tower ducking fire regs by 30cm

Fire union calls on Mayor to block Bromley flats plan over single staircase
22 hours ago

Midgard lands £145m deal to build Edition Birmingham

Construction to start shortly on twin residential towers
2 days ago

McAleer & Rushe set to break £500m turnover barrier

Pre-tax profit jumped 16% to £46m last year
2 days ago

Top design team picked for £2.5bn York Central scheme

Massive city centre regen scheme moves to detailed design
2 days ago

MoD to bid £100m command HQ enabling works

Hertfordshire joint forces command centre expansion advances
2 days ago

Failed shed specialist Marbank owed suppliers £10m

Contractor was facing a string of adjudication claims
2 days ago

New scaffolding training trade body launches

Scaffolding Training Alliance formed amid disquiet caused by planned training changes
2 days ago

£1.8bn framework planned for green retrofit drive

Procure Plus to invite bids later this month
2 days ago

Breakthrough for HS2 as first Birmingham tunnel section dug

Balfour Beatty VINCI completes 3.5-mile TBM drive in 652 days
5 days ago

HS2 Curzon Street station redesign approved as timber roof axed

Change to meet stricter fire safety rules and cut maintenance costs
5 days ago

Care home fire trial collapses

Prosecution withdrawn against four firms including Morgan Sindall Property Services
6 days ago

Leicester rebids £22m station revamp after failed tender race

Council opts for ECI route after receiving one bid for project
5 days ago

Kier wins £58m East Coast College rebuild job in Great Yarmouth

Work to start this summer for 1,300-student college
5 days ago

R G Carter wins £28m hospital car park job in King’s Lynn

MSCP paves way for £1.5bn Queen Elizabeth Hospital rebuild in 2027
5 days ago

London to relax green belt building rules

Sadiq Khan shifts position on planning
5 days ago

Willmott Dixon wins Great Yarmouth waterfront deal

North Quay 10.5 acres mixed-use scheme to advance
6 days ago

SIG chief quits to join Travis Perkins

Gavin Slark to leave by the end of this year
5 days ago

Eight take key spots on £250m Prosper framework

Housing and public building upkeep deal for North East awarded
6 days ago

Early call-out for £150m Ebbsfleet Garden City infrastructure

Bidders day to set out plan for Ebbsfleet Central commercial scheme
7 days ago

McLaren storms April contracts league with flurry of wins

Cardiff Bay Arena job headlines a series of big contract wins
6 days ago

Balfour Beatty lifts cash forecast after strong first quarter

Contractor set to hit £1bn average monthly net cash in 2025
6 days ago

Goldman Sachs-owned Adler & Allan buys 180-strong civils outfit

West Country's Glanville Environmental gets new owner
6 days ago

Caddick lands first contract for £200m Skelmersdale revamp

Developer gets green light for masterplan
6 days ago

Contractor services