WORK on the first major development plot at Chapel Street – part of the wider Salford Central scheme – is due to start.
Our Get Britain Building funding is designed for schemes with potential, but which have stalled.
The development, which is being delivered by English Cities Fund (ECf) – a joint venture between Muse Developments, Legal & General and The Homes and Communities Agency (HCA) – in conjunction with Salford City Council (SCC), marks the first phase of the multi-million pound regeneration project.
This first phase, which the HCA and Greater Manchester Combined Authority (GMCA), have agreed to invest in, will see the creation of 14 new townhouses, 83 apartments and new commercial premises, including a convenience store.
Phil Mayall, development director at ECf, said: “This first phase will kick-off the transformation of Chapel Street and marks the beginning of construction of the Salford Central development plans, which are set to regenerate and breathe new life into the area.
“We have been working closely with residents and community groups for a number of years to ensure the plans deliver what the people of Salford want. We are confident that the finished scheme will live up to their expectations.”
When complete, Salford Central – which is made up of two inter-dependent, but distinct areas, Chapel Street and New Bailey – will create around 11,000 new jobs, 220,000 square metres of commercial space, 849 new homes and 390 hotel rooms.
Salford City Council’s Assistant Mayor for Strategic Planning, Councillor Derek Antrobus, said: “We are now on the verge of transforming Chapel Street. This project will lead to new homes, offices and shops, while creating a vibrant hub at the heart of the community.
“As well as new homes for Salford people, building them close to the city centre means fewer extra commuter journeys. It also eases pressure on greenfield sites."
The HCA has invested £3.4 million into the scheme, through its Get Britain Building Programme. The GMCA has also invested £3.4 million from its Growing Places fund.
Deborah McLaughlin Executive Director North West at the HCA said: “Our Get Britain Building funding is designed for schemes with potential, but which have stalled. We joined forces with our partners to unlock this development and the mix of new homes and commercial space is set to help meet local housing needs while creating job opportunities.
“We’re looking forward to seeing how this scheme will transform the area and we’ll continue to work with the partners for the benefit of Salford.”
PS. Confidential is pleased to see that the travel bookshop Stanford's appears to have moved into the new Chapel Street building. The locals will love it.
