Maslow Capital is pleased to have provided a €147.6 development facility for the construction of two residential towers at the heart of a new Manchester City Centre neighborhood. The project which is now open to residents, has helped meet huge demand in a city that has one of the highest proportions of young workers (aged 18-34) in the country, a key demographic in the UK’s rental market. The development consists of two towers reaching 21 and 52 storeys respectively, providing a combined total of 664 residential units. The taller of the two towers offers 360-degree views across the city and has become one of the most iconic buildings on Manchester’s skyline. Residents benefit from the finest facilities, including a resident’s lounge, a rooftop garden, a co-working space, and one of the highest swimming pools in western Europe, located on the 44th floor.
GDV
€276m
Units
664
Deal Duration
27 months
Build Type
self build
Crown Street, Manchester
Maslow Deal Team:
“We are delighted to be supporting the delivery of a scheme of such scale and quality by such an accomplished and experienced developer. Despite the political and economic uncertainty, all the parties involved have done what they said they would do and remain focused on the delivery of this important project. It’s easy to lose sight of the housing shortages that many parts of the country face with all the Brexit noise around us. It’s important to Maslow that we support high quality developers throughout the cycle, ignoring some of the near-term volatility and focus on the long-term fundamentals”
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