Work on a £53m co-living development in Salford is complete. Sustainable homes landlord ForLiving says its development at Dock 5 in the riverside suburb of Ordsall is one of the largest private rented schemes in the north west, with 394 apartments and townhouses on the market.
The scheme, which is made up of three blocks ranging from four to eight storeys on a 2.8-acre site on Ordsall Lane, has been completed on time and on budget, despite 'various logistical and supply chain challenges faced during the pandemic', says ForLiving. The final phase of the development includes luxury facilities including a private cinema room and state-of-the-art gym.
Mark Edwards, strategic lead at ForLiving, said: “Demand for quality homes at rents people can afford in Salford and Manchester has exploded in the past five years, so we knew how important it was to stay on track. The past two years have presented lots of challenges for the construction industry, with supply chains and labour all being impacted.
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“But we chose to push on with Dock 5, finding ways to work around potential problems and hiring local people wherever possible.” Dock 5 is 10 minutes from MediaCityUK or a short walk or cycle ride down the river from Manchester city centre.
“We’re so proud to be opening the final phase of Dock 5 on schedule, helping provide much-needed affordable homes and regenerate Ordsall,” said Mr Edwards. “The first two phases of the scheme sold out in a matter of weeks, and we know that the cinema room and gym will be popular features in the final phase.”
ForLiving says profits from Dock 5 will be reinvested into the local community, with fighting homelessness 'a key priority' for the group.
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