The Castings,
Manchester

Features

• Former printing works on a 0.7-acre site in Manchester Piccadilly Regeneration area
• Corporate acquisition from owner occupier
• Purpose-designed BTR development delivering 352 rental homes with a mix of studio, 1, 2 and 3 beds, due to complete in Q2 2024
• The scheme has a GDV of over £73m and was forward-sold to CDL Hospitality Trusts in September 2021

Purchase Rationale

• Off market acquisition from owner occupier
• Site allocated through the strategic regeneration framework
• Lack of multi-family rental housing in the area
• Within short walking distance from Manchester Piccadilly station and the city centre

ESG

Health and wellbeing

• Generous dedicated social amenity for residents including 5,500 sq ft of external amenity and a 21st storey roof terrace

Community engagement

• New public square and place-making delivered as part of the development

Resource use and efficiency

• Reduced energy consumption through optimised glazing ratio, low u-value façade and mechanical vent heat recovery
• Sustainable materials used throughout development

Renewable energy

• Roof-mounted photovoltaic panels

Location

• Heyrod Street, Manchester, M1 1WW