£84.5million Manchester Scheme to Include 26-Story Tower

18/4/24

Property developers Salboy Group has launched its 10th central Manchester development in seven years, including a 250-apartment 26-storey tower.

The scheme, known as Obsidian, will have a GDV of £84.5million and will be delivered by DOMIS and marketed and sold by Salboy. Works have already commenced on site and are expected to complete by Q4 2026.

The development is situated on what Salboy describe as a 'narrow and complex slice of brownfield land', at the intersection of Trinity Way and William Street and will feature communal amenities including a private dining room, gym, cinema room, coworking spaces and package storage. At the base of the building there will also be 1,000sq ft of commercial space.

Simon Ismail, Managing Director of Salboy, said: "The schemes we develop with younger professional people in mind are often some of the most complex and creative - bringing together modern designs, compact inner-city locations and our future residents' discerning tastes. Obsidian will deliver beautifully and thoughtfully designed homes for people who want to live a stone's throw from everything that Manchester and Salford have to offer without compromising on quality and comfort."

Obsidian is Salboy's fourth development in seven years in the Greengate area - a well-established and well-connected part of Salford that is only a few minutes' walk from central Manchester's offices, restaurants and national transport links. The launch of Obsidian follows Salboy's completion of Fifty5ive (a 18-storey tower with 220 one to three-bed apartments), Local Blackfriars (a gated community of 380 apartments, townhouses and penthouses) and the Black Friar pub (a 140-year old historic landmark that Salboy restored to its former glory).

Mr Ismail added: "We are delighted to return to Greengate - an area that connects the twin cities of Salford and Manchester and whose overdue regeneration we have been involved with for more than seven years."