Work begins on £70m residential scheme at MediaCityUK

146

Glenbrook has commenced construction on a new £70m, 280 apartment residential scheme at MediaCityUK

Contractor Bowmer + Kirkland has been appointed to deliver the 231,000 sq ft Sheppard Robson designed building ranging in height from 14 to 17 storeys.

The scheme received detailed planning consent in February this year and will provide 132 one-bedroom, 136 two-bedroom and 12 three-bedroom apartments.

Demonstrating its commitment to delivering varied ownership opportunities, alongside 180 apartments for private sale, Latimer will be offering 100 homes for sale on a shared ownership basis.

Building affordable homes and supporting communities

Ian Sherry, director, Glenbrook, said: “After acquiring the site in March this year, the construction contract was fully procured during lockdown.

“This is reflective of how well the key partners and project team have worked together to get this scheme to site and for us to start our first development with Latimer on such a positive footing.”

Richard Cook, group director of development for Latimer, said: “These new homes are exceptionally located in the very heart of the action at MediaCityUK, an iconic setting that offers unbeatable work and leisure opportunities for its residents.

“We’re also pleased to be offering 100 homes through shared ownership, making this unique development more accessible through significantly lower deposits when purchasing a share of the property. Over time, buyers can increase their share of the property if they choose to until they own it outright.

“In the 19th century Clarion’s founder William Sutton gifted his entire fortune into philanthropic trusts to improve the quality of social housing, and we continue this ethos today by reinvesting our profits into building affordable homes and supporting communities across the UK.”

Stephen Wild, managing director of MediaCityUK said: “We’re delighted to be working in partnership with Latimer and Glenbrook on what will bring a great new residential development to MediaCityUK.

“It will create a more diverse range of opportunities for owning a home at MediaCityUK and is an important step forward in the next phase of MediaCityUK’s evolution.”

MediaCityUK is a joint venture partnership between Peel L&P and Legal and General Capital.

LEAVE A REPLY

Please enter your comment!
Please enter your name here