Manchester City Council and Far East Consortium are set to receive planning approval for their outline application for the regeneration of the Red Bank neighbourhood, a part of the £4bn Victoria North housing scheme.
The proposal includes up to 3,250 homes and more than 160,000 sq ft earmarked for commercial use, a health centre, primary school, residential amenities and community space.
The joint venture has committed to providing 20% affordable housing across the development, subject to viability.
Permission was granted for enabling works in 2021. The jv also received a £51.6m grant from the government’s Housing Infrastructure Fund to help facilitate development.
Alongside the outline planning application, FEC has lodged a full planning application for three plots on Dantzic Street, adjacent to its existing 634-home Victoria Riverside scheme (pictured below).
The next phase of the development will see the construction of 1,550 homes across seven buildings. The one-, two- and three-bedroom flats and townhouses will be delivered on a build-to-rent, affordable rent and open-market sale basis.
All buildings have been designed by Manchester-based architect Hawkins\Brown and Maccreanor Lavington, with energy efficiency measures in mind, including low-carbon and renewable technologies.
Red Bank neighbourhood forms a part of the wider £4bn Victoria North housing scheme, which is set to deliver up to 15,000 new homes over the next 15 to 20 years.
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