Carillion starts construction work on flagship Manchester build-to-rent scheme
Carillion has started work on a £154 million state-of-the-art build-to-rent development in Manchester.
The construction company, chosen by Moda Living and Apache Capital Partners, will deliver Angel Gardens - a landmark 36-storey city centre tower expected to be one of the largest build-to-rent projects in the UK.
With 520,000 sq ft of space for 466 premium apartments and 22,000 sq ft of commercial space, the development, situated within the NOMA neighbourhood, opposite Manchester Victoria, will include a gym, cinema, resident lounges, co-working facilities, restaurants, shops and a multi-use roof terrace focusing on health and wellbeing.
With a pipeline to construct 5,000 build-to-rent homes in the UK, Angel Gardens is the first of Moda and Apache Capital Partners planned schemes and comes ahead of similar projects in Liverpool, Leeds, Birmingham, Glasgow and the South East.
Tony Brooks, managing director at Moda Living, said: “Angel Gardens will be a jewel in the Manchester skyline and make a significant contribution to the city’s housing needs through the provision of high quality rental homes.
"Keeping Manchester attractive to today’s footloose professionals who value both flexibility and security will be crucial to the city’s future growth and we’re hugely excited to be part of the NOMA neighbourhood.”
John Currie, North West operations director at Carillion, said: “We are pleased to be working with Moda Living to carry out this prestigious development.
"Carillion has a strong presence in Manchester and has delivered several major projects in the city, which have created jobs, training opportunities for young people and supported local suppliers. The construction of Angel Gardens will continue in this vein & have a lasting impact in the City.”