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26/07/2018

Milestone Reached On 368-Apartment Scheme In Manchester

A project milestone has been reached on a new multi-million pound 368-apartment scheme in Manchester.

The McGoff Group has completed the concrete frame at phase one of Downtown on Woden Street.

Occupancy of phase one, which comprises 160 apartments, is planned for March 2019. Construction on phase two, which comprises 208 apartments, will now start much earlier than planned.

To mark the occasion, a topping out ceremony was held on the roof of the Woden Street development. Joining the McGoff brothers James, Declan, Dave and Chris was the team from Wellesley, the development property finance specialist, which has provided £39.9 million of funding to deliver Downtown.

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Chris McGoff, director at the McGoff Group, said: "The success of Downtown has been superb both in terms of sales and construction and it was fitting to invite the team from Wellesley to the topping out event on the roof, giving them the chance to see the impressive progress made on site.

"Their continued support means we can start the build of phase two immediately, which means completion will be approximately nine or 10 months sooner than expected. With all apartments sold, the excellent design and prominent site of Downtown on the banks of the River Irwell have delivered a truly prestigious riverside residential development."

Graham Wellesley, Founder and Chief Executive Offier at Wellesley, added: "Downtown is a high-quality, aspirational apartment scheme and the impressive pace of sales fully supports this. Working with the McGoff Group on this project has been a pleasure and it was a privilege to attend the topping out event."

Image: Graham Wellesley on the roof of phase one of Downtown with Chris McGoff, director of the McGoff Group.

(LM/MH)

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