Crown Street - Maslow Capital | Development Finance

Residential

Crown Street,
Manchester

GDV £230m

Units 664

Deal Duration 27 months

Build Type self build

Crown Street, Manchester

Maslow Capital were pleased to have provided a £123m development facility for the construction of two residential towers at the heart of a new Manchester City Centre neighbourhood.

With an estimated gross development value in excess of £230million, the project will seek to 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 will consist of two towers reaching 21 and 52 storeys respectively, providing a combined total of 664 residential units. The taller of the two towers will offer 360-degree views across the city and is set to become one of the most iconic on Manchester’s skyline. Residents will 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 which is located on the 44th floor.

Visit our dedicated residential and mixed-use development space for further residential schemes we have funded.

Maslow Deal Team:
Matt Pigram
James Henry

“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”

Ellis Sher - Co-Founder & CEO