CQ Investments, part of Renaker Build, has unveiled plans to build four residential towers of between 38 and 64 storeys on the Owen Street car park in Castlefield, Manchester.
The scheme would provide more than 1,400 flats across four towers on the 3.7-acre site south of Manchester city centre.
A three-storey amenity building would include facilities for residents such as an indoor tennis court, swimming pool and spa, gymnasium, studios, cinema screen, rooftop café and bar with a terrace and private garden, entertaining and home office and business facilities.
Plans also showed a 96,875 sq ft public realm around the River Medlock, with shops, entertainment facilities, and bar and restaurant areas.
Three levels of basement parking with around 700 spaces are also planned at the scheme.
Renaker bought the site from Morgan Stanley last year, after it was put on the market in a sell-off of Donal Mulryan’s former West Properties assets in Manchester city centre.
Origin in Princess Street, Piccadilly, and Renaissance Hotel in Deansgate, were bought by Urban & Civic.
Morgan Stanley acquired the sites as part of a £216m loan portfolio that also included assets in London and Leeds.
CQ Investments’ scheme would have to adhere to Manchester City Council’s adopted Development Framework for the Great Jackson Street area to receive approval.
If planning permission is granted, CQ Investments intends to start construction in the third quarter of 2016, with the entire scheme to be operational in 2020.
SimpsonHaugh & Partners designed the scheme; Deloitte Real Estate is co-ordinating the planning application.
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