£210m construction contract signed for vibrant Red Bank development
CR Construction has been appointed to deliver the next phase of 895 homes in the Red Bank neighbourhood of Manchester as part of a £210m contract.
The London-based construction firm has been appointed by Far East Consortium (FEC), the developer working in a joint venture-partnership with Manchester City Council (MCC) to deliver Manchester’s transformative £4bn Victoria North regeneration project.
Representatives from FEC and CR Construction performed a signing ceremony on site last week to celebrate this milestone in the development process.
FEC secured planning permission in August 2023, for 1,551 new homes, across plots known as NT02, NT03 and NT04, along Dantzic Street, together with a separate outline planning permission for a further 3,250 new homes within Red Bank under its transformative ‘Wild Urbanism’ concept which seeks to prioritise green space, biodiversity and active travel.
CR Construction is currently working on FEC’s neighbouring 634-home Victoria Riverside development which is due to complete in early 2025.
The company will now deliver the next phase of Red Bank Riverside on plots NT02 and NT03 on Dantzic Street, which will include a collection of three towers reaching 20, 31 and 34 storeys high, and another mid-rise, nine-storey block set within extensive public realm.
The scheme was designed by Hawkins\Brown Architects and Schulze+Grassov in collaboration with Optimised Environments landscape architects.
Works are due to start on site early next year, following the completion of the enabling works by Manchester City Council and its appointed contractor, BAM, which is funded under the Housing Infrastructure Funding secured by the joint venture in 2019.
Nick Whitehouse, Delivery Director at FEC, said: “The execution of this contract to deliver the next phase of Red Bank Riverside is another significant milestone for one of the country’s largest regeneration projects. We’re pleased to engage the market leading skills of CR Construction on this exciting project.”
Calum Kidd, CR Construction Managing Director, said: “Securing this project is another significant milestone for us as we further establish our business and presence in the UK market as we continue to deliver on our promise to be one of the best, providing added value to our clients, partners and stakeholders.”
Shane Kelly, Projects Director at CR Construction, said: “We look forward to delivering another prestigious, high quality residential project with FEC in Manchester. Our market presence in the North West is now well established and our reputation is growing as we continue to demonstrate our ability to deliver.”
Apartments are now available for reservation at the 189-home Falcon, with the next tower due to launch to the market later this year.
