Green light for new £1.3bn neighbourhood in Salford
AI Article Summary
Salford City Council has approved a £1.3bn development plan for a new neighbourhood called Regent Park by Henley Investment Management. This project will include ten residential towers and 15 retail units, transforming the 130,000 sq ft Regent Retail Park into a mixed-use community with up to 3,300 new homes and significant retail space. The development also aims to provide a large amount of affordable housing, a new park, and community facilities. Parts of the existing retail park will remain open during the construction phase, offering continuity for local businesses.
What This Means for Canadian Contractors
This project shows how large-scale urban development can integrate residential, retail, and communal spaces effectively. For Canadian builders, this means understanding how mixed-use development can maximize land use while providing necessary amenities. It also highlights the importance of keeping some parts of existing infrastructure operational during construction to minimize disruption.
