Permission for 1,950 New Homes Across Four Skyscrapers Granted in Manchester
A nine-year project to build four skyscrapers—including one which is set to be the second tallest buidling in Manchester—has been given the green light.
The apartment blocks, ranging from 39 to 60 stories in height, are planned for two parcels of land on the banks of the River Irwell known as Trinity Islands.
The buildings featuring 1,950 flats would be located on land between Regent Road, Liverpool Road and Water Street which is currently a car park.
Nearly two-thirds of the site off Trinity Way will be turned into green space which will be twice the size of Cathedral Gardens and open to the public.
However, none of the new apartments would be deemed affordable as the developer said this would affect the financial viability of the £742 million (US$994 million) scheme.
An initial contribution of £106,000 (US$142,000) towards affordable housing elsewhere in the city has been agreed and a "clawback" clause means the developer could be asked to contribute more cash if the project becomes more profitable.
For more on this story, go to Manchester World.
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