Biyernes, Abril 29, 2016

New Balfour Beatty residential development edges closer

A planning application for a residential-led mixed use development within New Cross, Manchester has been submitted by Balfour Beatty Investments.

The development was designed by Hodder and Partners and will feature two buildings located around a landscaped courtyard containing 274 one, two and three bedroom apartments. Residents will be able to take advantage of concierge facilities, residents’ lounges, a gym, and two roof top terraces incorporating private dining pavilions.

The project is situated within a short walk of Manchester’s Northern Quarter district known for its of independent designers, bars and restaurants. Also close by are Piccadilly Gardens, Market Street and Shudehill interchange for connections to the bus and metrolink service in addition Victoria Train Station.

The site was acquired in January this year by Balfour Beatty Investments and following the successful planning application it is envisaged that work on the development will begin later this year, with the first residents being able to move in by late 2018.

The development follows the principles laid out by Manchester City Council within the New Cross Neighbourhood Development Framework to help bring forward the regeneration of the area.

Balfour Beatty has also announced that they have achieved financial close of the Kennedy Street, Glasgow Student Accommodation Project. The deal with Investec Bank will provide funds for the Company’s first project for the direct let market as a developer of student accommodation.

Balfour Beatty’s developer role in the project will see them take on site purchase, planning, design, construction and operation of the scheme in addition to the direct letting of the rooms and student management elements.

The development will include 536 bedrooms spread over two blocks that will contain 149 self-contained studios and 387 bedrooms in cluster flats.

Construction on the project began in November last year and is scheduled to complete in July 2017.

Balfour Beatty

 Illustration of Kennedy Street, Glasgow Student Accommodation 

The post New Balfour Beatty residential development edges closer appeared first on UK Construction Online.


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