Far East Consortium appoints contractor for Victoria Riverside

Far East Consortium (FEC), the developer behind Manchester’s largest ever regeneration project, has appointed contractor CR Construction for three waterfront residential towers.

Victoria Riverside is one of the first developments being brought forward as part of FEC and Manchester City Council’s Victoria North project, which will create 4,000 new homes over the next 15 years.

The development, which includes 128 new high-quality affordable homes, will overlook the city’s new 113-acre City River Park.

The new green space is currently open to public consultation as part of plans being developed for Victoria North’s Red Bank neighbourhood.

CR Construction’s appointment to Victoria Riverside will generate significant social value for Manchester communities, including a commitment to support local supply chains and community initiatives being delivered by FEC within Victoria North.

Anthony Payne, commercial director at FEC, said: “We’re hugely excited to start bringing to life the vision for Victoria North with this landmark development that will bring additional green living to Manchester city centre.

“CR Construction’s experience and 50-strong local team will no doubt stand us in good stead for the delivery of this complex project at the heart of a fast-emerging neighbourhood.”

Mark Peatfield, MD at CR Construction (UK), added: “We are delighted to have been appointed as the preferred contractor to deliver FEC’s Victoria Riverside development, as we look to further grow our portfolio in Manchester.”