Hong Kong developer to build £200m U.K. project

The Manchester City Council has approved plans designed by 5plus Architects for a £200 million ($tk million) development in Manchester, England. The developer is Hong Kong-based Far East Consortium International.

The project, dubbed the Northern Gateway, is located in the northeastern part of Greater Manchester, and it will be the largest development ever undertaken in the city when completed, covering nearly 300 acres. Construction is scheduled to begin in early 2018, with the first units completed by 2019.

The development includes four separate blocks of apartments; the tallest will be 40 stories and include commercial residential amenity space, plus one lower ground level and one basement level. The new scheme will comprise 756 new residential units for sale across the four buildings. Spanning 20-acres, NOMA will provide high-quality office space as well as new retail and leisure opportunities.

Other towers include a 22-story residential development plus one basement level with commercial uses and residential amenity uses at ground level; a 17-story residential development plus one basement level with commercial uses and residential amenity uses at ground level; and a mixed nine-story and 12-story residential development with residential amenity uses at ground level.

In April, Far East Consortium International revealed plans to build 10,000 housing units in Manchester worth £1 billion ($1.3 billion) over the next decade, according to South China Morning Post.

“Manchester is the third most visited city in Britain and is famed for its architecture, culture, musical exports and media links, along with an impressive heritage of scientific and engineering innovations,” chairman David Chiu said in the article. “I myself have been to the city many times, and this project is a top priority for Far East Consortium in Britain. Official council data shows the demand for new homes in the Manchester city center will continue to exceed supply.”