Gary Neville and Fred Done’s Salboy enter JV to deliver 40-storey tower
Gary Neville’s development company Relentless and Salboy have entered a joint venture to deliver a 40-storey tower at its St. Michael’s scheme, Manchester’s most high-profile project.
The 40-storey residential and hotel skyscraper, designed by Hodder + Partners, will comprise a five star, luxury 161 bed hotel and 181 serviced residences.
Phase 2 will front onto the new public square, which will become a hub for food, drink, music and entertainment including a fully refurbished Sir Ralph Abercromby public house.
The development will also create an additional 1,800 jobs.
Domis Construction, Salboy’s dedicated construction partner, has been appointed contractor for the delivery of Phase 2.
Initial works are expected to start in January 2023, just 12 months after the commencement of Phase 1, the commercial element of the development. The scheme in its entirety is expected to be completed in 2026.
Gary Neville of Relentless said: “The Relentless team have been on this project for 15 years and we’ve never diluted our ambition on what has been an incredibly long journey to build this complex and challenging project.
“Thank you so much to the Salboy Team, to Fred and Simon in particular and for all their support over the last few months. I would also like to thank Manchester City Council and the Reform Synagogue for the faith they’ve shown over the years. It’s now time to deliver.
“Our aim with St Michael’s has always been to create a world class destination in our city that celebrates our local passion, spirit and hospitality that delivers to a 5 star international standard.
Simon Ismail, Managing Director of Salboy, said: “Gary and his team have worked incredibly hard to drive the St Michael’s project forward over the last few years and we’re excited to be on board to help them deliver this hugely ambitious and long-awaited scheme.
“We would like to thank Relentless for giving us an opportunity to be involved in this scheme. St Michael’s is already raising expectations for what Manchester has to offer.
“Now it’s time for Salboy, Domis and Relentless to work together to make this development a reality and deliver a destination at the sorts of international standards that all of Manchester can be proud of.”
Anthony Kilbride, Relentless added: “With the initial phase of the development now well underway it allowed us to focus on finding our delivery partner for the final phase of the project and to complete the masterplan we set out to achieve for St Michael’s.”
Danny Savage, Trustee of the Manchester Reform Synagogue which sold its synagogue on Jackson Row to the developers to make way for a new tower, said: “The development has overcome many challenges over the years and we have found Gary and the Relentless team to be both supportive and enthusiastic throughout that time.
“With the proceeds of the synagogue sale, the trustees will now be able to source a more suitable base in the city centre that will cater for the needs of our congregation in 2022 and beyond.”
Law firm Gateley provided advice through Gareth Atkinson, Darren Hughes and lead adviser Charles Glaskie.