Far East Consortium (FEC), working in partnership with Manchester City Council (MCC), has broken ground on the first phase of development in Collyhurst Village and South Collyhurst.
The first phase of development will see the joint venture build a mix of townhouses and apartments intended to cater for a diverse range of families, young professionals and older residents as it supports the sustainable regeneration of the neighbourhood.
The works include the delivery of 130 high quality homes for social rent, with existing tenants in the area benefitting from the creation of a new 1.3 hectare park and 2,000 sq ft of new commercial and retail space to improve local services.
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This phase of development includes more than £35 million of public investment, and represents the first major regeneration in Collyhurst in 50 years.
Victoria North is one of the UK's largest and most ambitious urban regeneration projects and the biggest in Manchester's history. It will deliver 15,000 homes in Manchester city centre over the next decade, growing the population by 40,000 people and creating seven new and distinct neighbourhoods on largely disused brownfield land.
Work is already underway on schemes within Victoria North's Red Bank neighbourhood and New Cross. FEC has invested more than £120m in the Victoria North project, which has a gross development value of £4bn.
DEX Construction has been appointed to deliver the scheme in Collyhurst, with first completions expected in 2024. DEX recently delivered FEC's award-winning Mount Yard scheme at Manchester’s Angel Meadow Park and is set to complete the developer’s New Cross Central scheme in the coming months.
