Capital & Centric’s £28m Ferrous plans have received a green light from Manchester City Council, in a move to grow and regenerate the city’s Piccadilly East neighbourhood.
Ferrous will complement Capital & Centric’s existing developments in the area, including the historic Crusader Mill restoration and new-build Phoenix. The new 15-storey building will create 107 homes, a rooftop residents’ garden, two cafe-bars, lush pocket parks on the ground floor and The Cabin – a new space for pop-up events.
Construction on the 20,000 sq ft site is due to start in autumn and complete in late 2024.
Tim Heatley, co-founder at Capital & Centric, said: “It’s no mean feat establishing a new neighbourhood in a city centre, but Piccadilly East is becoming an awesome place to live. Ferrous is the next part of the story, bringing more new homes with our trademark design-led finish, but crucially more spaces that will breathe life into the area.”
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