Muse unveils final phase of Smithfield scheme
THE latest phase of development on Muse’s Smithfield regeneration scheme in Manchester’s Northern Quarter has been unveiled as One Smithfield Square.
The new building will include 77 one, two and three-bedroom apartments and more than 6,000 sq ft of ground floor commercial space.
Jones Lang LaSalle (JLL) has been appointed as residential agent on the scheme, with properties now available for purchase as construction gets well underway.
Hollie Reynolds, residential sales and marketing manager at Muse Developments, said: “The mixed-use development will provide contemporary and high-spec homes and we’re delighted to be working alongside Jones Lang LaSalle to market this fabulous development.”
One Smithfield Square will conclude the mix-use development, which began on site in 2001. Muse has also committed to an initial stage of shell restoration and refurbishment of the Grade II-listed building, known locally as the ‘Mackie Mayor’.
Stephen Hogg, lead director, regional residential at Jones Lang LaSalle, said: “The market has been waiting for a scheme like One Smithfield Square to be developed in the Northern Quarter for a long time now. The area has matured into one of the best parts of the city – almost a village in its own right – but the supply of new apartments has not kept pace with the area’s growth.
“One Smithfield Square will provide us with some very contemporary, new and exciting apartments. The architecture alone provides some clues to how ‘cutting-edge’ these units will be. JLL is very much looking forward to the launch – we have a huge number of enquiries all ready and we expect the first release to sell off-plan very quickly.”
One Smithfield Square is due to be completed in October 2014 and is being delivered by Ician Developments, a wholly-owned subsidiary of Muse Developments, in partnership with Manchester City Council.
The Homes and Communities Agency (HCA) has invested £6.5m towards the scheme, as part of the Get Britain Building fund for stalled projects.
