UK-based property developer Salboy has formed a joint venture with Ask Real Estate to deliver the £300m Viadux mixed-use project in Central Manchester, UK.
Planned to be built on the former Bauer Millett site off Albion Street, the scheme involves a 40-storey residential tower and a 14-storey office building that will offer 240,000ft² Grade A commercial space.
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The development, which has already secured planning permission, is expected to transform the neighbouring railway arches to create an active frontage with new bars, restaurants and shops along Great Bridgewater Street.
Designed by Simpson Haugh, the scheme involves working around the existing tram line and Grade II listed arches. It is planned to be completed in approximately three years.
Salboy co-founder and director Simon Ismail said: “Viadux will benefit from our extensive construction expertise and residential development experience and will be the latest in a line of high quality schemes we are delivering in the city region.
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“Working with a partner of the calibre of Ask over the coming years will help create one of the most exciting mixed-use projects right in the heart of the city centre.”
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By GlobalDataWork is expected to start on site in spring 2020. Salboy’s partner construction firm Domis will undertake the construction activity.
Ask managing director John Hughes said: “By joining forces with Salboy, together we are able to bring to fruition this significant development, which is in response to the city’s continuing economic, cultural and population expansion.
“Viadux brings back to life “hidden” space and with its unique characteristics, will transform this key location adjacent to Deansgate-Castlefield Metrolink station, the Beetham Tower and Manchester Central Conference and Exhibition Centre.”
In 2019, Salboy announced plans to build 500 new homes on the site of the former Manchester Racecourse, with an investment of £100m.
The development, which is expected to create 900 construction jobs over five years, will also include a new primary school and supermarket.
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Illustration of Viadux mixed-use development in the UK. (Credit: Ask Real Estate Limited)
