Embankment Exchange

Embankment Exchange is a residential development under construction in the Greengate area of Salford, Greater Manchester, England. It will comprise 300 apartments across two buildings connected by a central podium: the 107 m (349 ft) tall North Tower and 50 m (163 ft) tall South Tower.[2] The buildings were designed by Jeffrey Bell Architects.[3]

Embankment Exchange
Embankment Exchange, under construction
Former namesThe Residence Irwell Tower
The Residence Greengate Tower
General information
StatusUnder construction
TypeResidential high-rise
LocationGreengate, Salford,
Greater Manchester,
England, United Kingdom
Construction started2017
Completed2023
Cost£85 million[1]
OwnerLegacie Developments
HeightNorth Tower: 107 m (349 ft)
South Tower: 50 m (163 ft)
Technical details
Floor countNorth Tower: 35
South Tower: 16
Design and construction
Architect(s)Jeffrey Bell Architects
Website
Official website

Once completed, the North Tower will become the fourth-tallest building in Salford and 17th-tallest building in Greater Manchester.

History

Planning

The planning application was submitted to Salford City Council in August 2015,[4] with planning approval obtained in March 2016.[5]

Construction

In 2017, Elliot Group commenced construction of the complex, then called 'The Residence',[2] but progress was delayed the following year when main contractor Forrest went into administration.[6] Work stalled again in 2020 pending the results of a wider fraud investigation,[6] before restarting in February 2022 following the acquisition of the site by Legacie Developments who renamed the development 'Embankment Exchange'.[7] Construction is expected to complete in 2023.[2]

Facilities

The development will include a spa, gym, residents lounge and bar, work-from-home booths and a 24-hour concierge.[8]

See also

References
  1. Jackson, Nick (27 October 2022). "Flagship £40m, 300-home tower block boasting spa and gym to soon dominate Salford's skyline". Manchester Evening News. Retrieved 31 July 2023.
  2. "The Residence". Skyscraper Center. Retrieved 31 July 2023.
  3. Whelan, Dan (27 October 2022). "Legacie secures £40m for long-stalled Salford project". placenorthwest.co.uk. Place North West. Retrieved 31 July 2023.
  4. "Planning – Application Summary". salford.gov.uk. Salford City Council. Retrieved 31 July 2023.
  5. "Application No: 17/69573/FUL" (PDF). salford.gov.uk. Salford City Council. Retrieved 31 July 2023.
  6. Middleton-Pugh, Jessica (20 February 2020). "Work stops on Elliot's £70m Salford tower". placenorthwest.co.uk. Place North West. Retrieved 31 July 2023.
  7. Whelan, Dan (4 February 2022). "Funding deal paves the way for Legacie to restart Salford tower". placenorthwest.co.uk. Place North West. Retrieved 31 July 2023.
  8. Butler, Ben (28 October 2022). "Developer Strikes Funding Deal for Apartments Tower". insidermedia.com. Insider Media. Retrieved 31 July 2023.

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