Salboy drops office space from Viadux Phase Two

12/12/23

Developer Salboy has dropped the office element from revised plans for the next phase of its Viadux scheme in central Manchester.

The next phase will now see construction of two residential towers of 76 and 23 storeys containing 910 apartments.

Simon Ismail, Co-Founder & Managing Director of Salboy, said: "City centres throughout the UK are facing the same falling demand for office space, but in Manchester that decline is being hugely outweighed by the ever-growing demand for high quality homes.

"When you are developing schemes like Viadux that will take years to come to fruition, being tenacious and adaptable is critical for success."

Revised plans are now out to public consultation by Salboy in conjunction with its construction partner DOMIS.

In plans first drawn up in 2017, Phase Two of the Viadux scheme had been expected to comprise 240,000 sq ft of Grade A office space.

Ismail added: "We are excited to reveal new plans that will complete the Viadux masterplan and deliver a neighbourhood of high quality, design-led homes that meet Manchester's substantial need for accommodation at a range of price points and tenure types.

"Viadux Phase Two will deliver on that demand, while at the same time bringing to the Manchester cityscape a crowning feature that offers panoramic views of a city rich in heritage and sympathetic regeneration."

Construction of Phase One, which comprises a 40-storey tower of 364 apartments, began in 2020 and is well underway with practical completion on course for Q2 2024. By November 2023, more than 95% of Phase One properties had been sold or reserved.

Source; Construction Enquirer