Grainger launches £80m Salford PRS scheme
Listed residential landlord Grainger has launched the first two phases of its £80m scheme at The Filaments, its latest build-to-rent development in Greater Manchester.
The Salford complex comprises 376 homes, including a mixture of apartments and 11 townhouses across three blocks – Neon House, Halogen House, and Lamp House, with the latter two ready for occupation in early April.
The Filaments adds to Grainger’s existing Build-to-Rent portfolio in the region, which includes the £100m, 510-unit Clippers Quay scheme at Salford Quays, one of the UK’s largest rental developments outside of London.
Helen Gordon, CEO at Grainger, said: “The north west is a key growth market for Grainger and the launch of The Filaments further reinforces our commitment to the area, taking our portfolio in the region to 1,841 homes.
“The Filaments is an exciting new development, and we’re proud to be bringing high quality rental homes to this market combined with our award-winning service, delivered by our inhouse Grainger Resident Services team.
The Filaments, Salford, show apartment
“The Filaments is nestled in the heart of Salford’s bustling Chapel Street corridor, providing our residents with great access to some of the city’s best independent bars, restaurants and culture venues, whilst also on the doorstep of Spinningfields and everything Manchester city centre has to offer.”
The Filaments is also home to a co-working zone, gym, residents lounge, and host of other amenities, which together total over 6,500 sq ft of shared social space for residents.
The site is bound by Trinity Way and Gore Street, and forms part of the Chapel Street regeneration masterplan.
In addition to new homes, The Filaments includes six ground floor commercial units ranging from 400 sq ft to nearly 3,000 sq ft in size.
