A Manchester-based property developer has acquired a site in Trafford where it aims to create more than 200 new homes.
Investar Property Group (IPG) says it intends to submit a formal planning application for the 40,000 sq ft site on Talbot Road sometime in the fourth quarter of 2019.
The development will be situated on the doorstep of White City Retail Park and less than half a mile away from Old Trafford Football Stadium.
According to the developer, prospective residents would benefit from easy access into Manchester city centre, with the Trafford Bar Metrolink stop located just 300 metres away. Media City UK is also reachable in less than 15 minutes.
IPG is working with MACE Consulting, JMW and LRW Architects on plans for the site.
“Trafford is undergoing a major transformation at present, outlined in the Civic Quarter Masterplan. With this, the area is demonstrating strong demand for new homes, especially as people are being increasingly priced out of Manchester city centre,” said Michael Dong, IPG’s chief executive.
“Thanks to its convenient location, with excellent transport facilities and local amenities, Trafford is a sought-after living area for both young professionals and families. The University Academy 92, which will open its doors in September 2019, is expected to create an influx in demand for contemporary living spaces.
“Our development will respond to this need by offering modern, city centre style homes, with easy access into Manchester for work and leisure.”