Portergate set to start on Friargate scheme
PORTERGATE Properties is preparing to start on an £18m mixed-use scheme in Preston after hiring the contractor Eric Wright Group.
It is planning a 253 student rooms and two new retail premises on a 1.5-acre Friargate plot.
Demolition work will start soon and the project is expected to take 12-24 months to deliver.
Anthony Jackson, chairman of Salford-based Portergate, said: “The appointment underlines our commitment to utilising the skills of local companies wherever possible during the construction work, helping to create and secure local jobs in the sector. That is very important to us as a North West company.
“This will be the biggest building project in Preston and the development will play a key role in our continued expansion plans in the North West.
“Once completed it will provide boutique hotel-style accommodation, not only for students but also for young key workers in the city, where we believe there is a real demand for this type of living space. Our aim throughout the project is to play a major role in transforming the fortunes of the Friargate area and our hope is that our development and commitment will encourage further investment.”
The development has been designed by Manchester architects Leach Rhodes Walker.