A JV North member has reached a key milestone in a £8 million scheme that will provide 67 new homes.
Local MP for Stalybridge and Hyde, Jonathan Reynolds, took part in a steel signing ceremony at the Summers Quay site in Stalybridge, east Manchester.
Summers Quay is a private “build to rent” regeneration development of 67 new homes in the centre of Stalybridge and is the first, and largest, private rented development to be undertaken by JV North consortium member, New Charter Group.
It is being delivered through its commercial property arm, Cavendish Property Developments.
The steel signing, held to celebrate the final beam of the steel frame for the structure being put into place, was hosted by Cavendish Property Developments / New Charter Group and Rowlinsons Construction.
Located at Armentieres Square in the centre of Stalybridge in Tameside, Summers Quay consists of 22 one bedroom and 45 two bedroom apartments as well as 244 sq m of commercial and retail space.
Speaking at the ceremony Jonathan Reynolds MP said: “It’s an honour to be involved in marking this milestone in the Summers Quay development.
“The central location of this development makes it crucial to the continued regeneration of our brilliant, vibrant town. Stalybridge dearly needs a mix of new housing.
“These apartments will be quality, private rented accommodation delivered via a respected and responsible landlord. Cavendish Property Developments and New Charter Group are bringing a touch of luxury to canal side living.
“These new homes have it all -city centre style living, but with tremendous countryside views – and I know they will be in great demand.”
Tony Powell, Deputy Chief Executive at New Charter Group said: “Our private development arm Cavendish Property Developments has created a fantastic scheme here and we’re grateful to Jonathan Reynolds MP for helping us mark this milestone in what is its first ‘build to rent’ development.
“This is also an opportunity to thank our contractor Rowlinson and our professional team who have worked hard to bring this scheme to fruition.
“The design, undertaken by Pozzoni, and the construction are outstanding and we’re grateful to have the opportunity to contribute to the mix of housing types available in Stalybridge.
“We’re creating a statement building here in Stalybridge and also contributing to what is a relatively new market for luxury private rental accommodation.”
The scheme started on site in August 2016 with completion planned for spring 2018 and is viewed as the next best thing in city centre lifestyle renting, offering canal-side, urban living within a sub-urban setting.
Cavendish Property Developments was set up by New Charter Group in 2013 to carry out private rent, shared ownership and rent to buy and for sale residential development projects.
Summer Quay is being delivered in partnership with Rowlinson Construction and Tameside Metropolitan Borough Council.
Photo: Tony Powell, Deputy Chief Executive at New Charter Group (L) and Jonathan Reynolds MP (R).