Riverside House

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Saturday, May 14, 2016 - 21:48

Plans to build luxury homes on the Irwell riverbank in Salford - between Broughton Bridge and Trinity Way - have been drawn up by an ambitious Manchester developer.

The plans for the £9m investment project have been submitted to Salford city council by Portergate Developments, which is aiming to deliver the second phase of the acclaimed Riverside House development in Blackfriars Road and St Simon Street.

Portergate is seeking planning consent to create 45 luxury one, two and three bedroom apartments, along with a convenience store and café on the prime site, next to the successful £8m hotel-style student accommodation building on the banks of the River Irwell.

The apartments, many with balconies and river views, will be managed by Portergate’s property management arm and are aimed at young professionals, key workers and first time buyers.

The project will become the only bespoke private apartment residence, including a number of duplex apartments, on the stretch of the Irwell that leads directly into Manchester’s Cathedral Quarter and main shopping district.

The café will be located on the first floor of the development to give it river views. The proposed plan also involves improvements to the riverside walkway and secure car parking for residents.

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Anthony Jackson, chairman of Portergate Developments, says he is confident the development will attract investors, including those who have already seen good returns from their initial investment in Riverside House.

He believes Phase II of Riverside, on a vacant 2,350 sq metre site backing onto St Simon Street, will also play another key role in the continued regeneration of the area, providing much needed homes for ambitious young people in the city.

The proposed development has been designed by North West architect practice Studio KMA.

Anthony said: “We believe there is a massive demand for this well-designed style of city living in the area and, coupled with the strong retail and restaurant offering, it is something the community in the area is crying out for.

“We’re already seeing a lot of interest in this second phase from existing and new investors, who are excited by the plans we have drawn up to deliver a building that is as stylish and welcoming as Riverside House.

“It really is a question of watch this space! We will be looking to start work on the development as soon as we get planning permission.”

Reference: 
http://www.manchestereveningnews.co.uk/business/property/portergate-unveils-second-phase-salford-10526813