The Red Bank neighbourhood of Manchester is set for a significant transformation. London-based CR Construction has been awarded a £210 million contract to build 895 homes as part of the Victoria North regeneration project. This ambitious initiative, led by the Far East Consortium (FEC) in collaboration with Manchester City Council, is a £4 billion effort to revamp the area.
The Red Bank Riverside project will see the construction of four towers, ranging from nine to 34 storeys, creating a dynamic skyline. Additionally, the development prioritises green spaces, biodiversity, and active travel, aligning with contemporary urban design trends. This project is expected to enhance housing availability and improve the quality of life in the area.
Huge Construction Deal
London-based CR Construction has secured a contract worth £210 million to build 895 homes in Manchester’s Red Bank neighbourhood. The deal is part of a broader £4 billion regeneration scheme for Victoria North. This initiative aims to rejuvenate the area and boost housing availability.
The Red Bank Riverside project will feature a mix of high-rise towers and mid-rise blocks. Four towers will range from nine to 34 storeys, offering a diverse architectural landscape. The project will prioritise green space, biodiversity, and active travel, aligning with modern urban development trends.
Project Background
The Far East Consortium (FEC) is the driving force behind this massive regeneration effort, working closely with Manchester City Council. Planning permission was granted in August 2023 for 1,551 new homes on plots NT02, NT03, and NT04 along Dantzic Street. Additionally, there’s an outline plan for another 3,250 homes under the ‘Wild Urbanism’ concept.
The ‘Wild Urbanism’ concept focuses on integrating natural elements into urban settings. This approach aims to create a balanced environment where residents can enjoy both modern amenities and natural beauty. Such plans are expected to significantly enhance the quality of life in the area.
Design and Architecture
The architectural firms HawkinsBrown Architects and Schulze+Grassov, in collaboration with Optimised Environments landscape architects, are behind the design of Red Bank Riverside. Their combined expertise ensures that the development will be both aesthetically pleasing and functional.
The design includes three towers reaching 20, 31, and 34 storeys, along with a nine-storey mid-rise block. Extensive public spaces will complement these buildings, offering residents areas to relax and socialise. The focus on public realm highlights the project’s commitment to community well-being.
CR Construction is also working on the nearby 634-home Victoria Riverside development, expected to complete in early 2025. This ongoing involvement demonstrates their capability and commitment to high-quality construction projects.
Project Timeline and Funding
Construction work is slated to begin early next year. This follows the completion of enabling works by Manchester City Council and BAM, funded through the Housing Infrastructure Funding secured by the joint venture back in 2019.
The enabling works are crucial for preparing the site for construction. These initial steps include clearing the land, setting up essential services, and ensuring the area is safe and ready for building activities. This preparatory phase is vital for the smooth progress of the project.
Key Stakeholder Statements
Nick Whitehouse, Delivery Director at FEC, emphasised the importance of the project, saying, “The execution of this contract to deliver the next phase of Red Bank Riverside is another significant milestone for one of the country’s largest regeneration projects.”
Calum Kidd, CR Construction Managing Director, stated, “Securing this project is another significant milestone for us as we further establish our business and presence in the UK market, as we continue to deliver on our promise to be one of the best.”
Shane Kelly, Projects Director at CR Construction, added, “We look forward to delivering another prestigious, high-quality residential project with FEC in Manchester. Our market presence in the North West is now well established, and our reputation is growing as we continue to demonstrate our ability to deliver.”
Market Impact and Future Prospects
The Red Bank Riverside project is part of a broader trend towards urban regeneration and sustainable development. This initiative aims to address housing shortages and improve living conditions in Manchester.
The project is expected to boost the local economy by creating jobs and attracting new residents. This influx of people and investment will likely spur further development and business opportunities in the area.
Apartments in the 189-home Falcon building are already available for reservation. The next tower is set to launch to the market later this year, indicating strong demand and investor confidence in the project.
Conclusion
The Red Bank Riverside project, with its focus on sustainability and community well-being, is set to transform the area. With strong backing from key stakeholders and meticulous planning, it promises to be a landmark development in Manchester’s urban landscape.
The involvement of reputable firms like CR Construction and the Far East Consortium further underscores the project’s potential for success. As construction begins, the eyes of the community will be on Red Bank Riverside, eagerly anticipating its completion.
In summary, the Red Bank Riverside development signifies a transformative chapter for Manchester. By integrating sustainability and modern urban design, the project aims to elevate the living standards of its future residents. The committed involvement of major stakeholders like CR Construction and the Far East Consortium underscores the project’s potential for success. As construction progresses, Manchester’s skyline and housing landscape are set to witness significant positive changes.