Scarborough International Properties to develope Middlewood Locks for €1.2bn (GB)

Middlewood Locks development

Scarborough International Properties, the UK and International Real Estate Developer and Investor, has announced that FairBriar International has been granted detailed planning consent by Salford City Council for phase two of its 24.5 acre Middlewood Locks development, a new residential and commercial neighbourhood at the western gateway to Manchester's Central Business District.


This second phase will consist of four separate buildings of up to 10 storeys and a total of 546 apartments. The scheme, designed by architect, WCEC Group, will include public green space and will be developed around three large basins of the Manchester, Bolton and Bury Canal.


Phase 1, which will be completed in October 2018, was granted detailed planning consent by Salford City Council in December last year and will comprise of 571 homes and associated commercial space, including convenience shops and restaurants.


The Middlewood Locks development will deliver a vibrant new mixed-use neighbourhood which, in total, will provide 2,215 new homes and 83,613m² of commercial space including offices, hotel, shops, restaurants, a convenience store and gym.


The site has a gross development value of over €1.2bn (£1bn).

 

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