£75 million contract awarded for Manchester BTR scheme

Manchester BTR

UK: Construction company United Living Group has been awarded a £75 million contract to build 1NQ, a 261-unit BTR scheme in Manchester’s Northern Quarter.

A joint venture between Marco Living and Axis RE,the scheme is scheduled to be completed in 2026. Located on Tariff Street, the development consists of two ten and 12-storey blocks, comprising a mix of one-, two- and three-bedroom apartments with private gardens, roof terraces and rooftop amenities. The development will also provide two commercial units on the ground floor.

1NQ at Tariff Street is one of two projects that United Living is currently working on in Manchester, which will deliver a total of 557 homes across the city.

Caroline Lewis, managing director of United Living New Homes, said: “We are delighted to have been awarded this contract to construct 261 Build to Rent homes. United Living strives to create sustainable housing solutions with a positive impact, and this development will help address the housing shortage in Manchester. We look forward to working with Axis RE and Marco Living and delivering a project which supports the ongoing regeneration of the Northern Quarter.”

Nick Mullins, co-founder of Axis RE, added: “Manchester City Council’s clarity of its strategic approach and direction within this area of the city centre will enable us to bring NQ1 to life in what continues to be a particularly challenging economic environment. We are excited to be working with United Living Group to deliver the project, and this deal is testimony to what we can achieve as a company and is another step forward in the long-term regeneration of this part of the Northern Quarter. Both parties share our vision for developing and delivering high-quality, sustainable, and energy-efficient apartments.”

 

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