Henley Investment Management has revealed plans to redevelop Regent Retail Park into a new neighbourhood in Salford.
The firm acquired the retail park, located in Manchester city centre, in October 2020, with an aim to regenerate the site and ensure it continued to meet the needs of the local community.
The proposals, designed by Matt Brook Architects, include repurposing shops into a new green neighbourhood. The proposals include Salford’s first new city park, with five acres of green space alongside walkways, cycleways and one-, two- and three-bedroom homes.
Matt Brook, founding director at Matt Brook Architects, said: “Our masterplan creates a safe, walkable and inclusive neighbourhood where nature and architecture work together harmoniously, fostering a community that prioritises liveability and wellbeing.”
Warwick Hunter, managing director of development and head of ESG at Henley, added: “We want a place that is fit for the community it serves, that fosters growth, and that people can be proud to call home.”
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