Media

In this section you will find all of the latest news and updates on the Group's activities along with recent press coverage.

Press Releases

Scarborough Group sign up two tenants at Marina Quay, Rhyl Posted: 24th May 2016

Scarborough Group sign up two tenants at Marina Quay, Rhyl

Scarborough Group International (SGI), the UK and international real estate investor and developer, today announces that it has secured a further two lettings at its £23.4 million Marina Quay development on the seafront in Rhyl, North Wales.

 

Having secured pre-lets on 49,000 sq ft of retail space, Scarborough Group has now secured a 20 year lease with Burger King, on 1,800 sq ft of space. In addition Greggs, the largest bakery chain in the UK, has signed a 10 year lease on 1,540 sq ft of space.

 

Barnfield Construction began preparatory work in January 2016. Following infrastructure discussions there had been a delay to construction, however this matter has now been resolved and work is due to commence back on site today, with a view to completing the first phase by Spring 2017.  

 

Designed by NW Architects, the development will generate approximately 500 jobs (with others created through support businesses) in an area which has historically lacked significant economic activity. This is likely to include a number of part time opportunities which would potentially be attractive to the full range of the employment market, including the long term unemployed, mothers with children at school, students, single parents, older people who have been made redundant, and younger people who have never worked.

 

Scarborough Group has been working with the Council and JobCentre Plus in Rhyl to ensure employment opportunities at Marina Quay are accessible to local Rhyl residents.

 

Kate Howe, Associate Director, Scarborough Group, said: “We are eager to be back on site following the recent delay which was due to ongoing infrastructure discussions with the local authority. We have progressed matters as quickly as possible and Barnfield Construction have begun mobilising their resources ahead of the imminent construction works.

 

We are pleased at the continued strong occupier interest we are experiencing and believe Burger King and Greggs will provide a wide variety to shoppers visiting Marina Quay, as well as those visiting the wider Rhyl area. We look forward to announcing further additions in the near future.”

 

SPECULATIVE OFFICE SCHEME TAKES SHAPE AT THORPE PARK LEEDS Posted: 13th May 2016

SPECULATIVE OFFICE SCHEME TAKES SHAPE AT THORPE PARK LEEDS

The steelwork is now completed and development is ahead of schedule for what is currently Leeds’ only major out of town speculative office scheme.  

GMI Construction is progressing apace to deliver Paradigm at Thorpe Park Leeds, a premium ‘headquarters’ office building ready for occupation by November this year. Guests recently attended an official ‘topping out’ event to mark the occasion.

Paradigm offers 31,650 sq ft of lettable space with principal floor plates ranging from 8,800 sq ft to 10,275 sq ft and 122 car parking spaces. The building is prominently located overlooking Junction 46 of the M1.

It is the first of a total 940,000 sq ft of new business space planned at the Thorpe Park Leeds where planning consent has been secured for a further 1.35 million sq ft of mixed use accommodation, bringing a significant boost to the East Leeds economy. 

Development plans include a 300,000 sq ft shopping and leisure park, where Next is confirmed as anchor tenant, 300 new homes by Redrow and 140 acres of parkland and sports facilities.

Thorpe Park Leeds is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, National Grid, Kier, Laing O’Rourke, Atkins, BAM and United Utilities.

Delivery of the next phase of development at Thorpe Park Leeds follows last year’s announcement that Legal & General Capital were to invest £162 million as joint development partner with site owner Scarborough Group International.

JLL, Cushman & Wakefield and BNP Paribas Real Estate are appointed to market Paradigm.

 

Adam Cockroft, Director at Cushman & Wakefield said, “It is fantastic to see the rapid development of Paradigm at Thorpe Park Leeds which, with the recent announcement of Next on site and other retail and leisure operators in talks, is becoming more of a destination than a standard office park.  This is a major plus point for potential occupiers seeking out of town convenience and connectivity with unprecedented facilities.”

 

Michael Leonard, Director at BNP Paribas Real Estate said, “It is quite rare to see such high quality specification for an out of town office location. We would expect to let the building to occupiers seeking highly visible, headquarters style premises.”

Thorpe Park Leeds is already an important business location for both Leeds and the North of England, located just six miles east of Leeds City Centre, with direct access off junction 46 of the M1.  The new development plans are groundbreaking in their mix of uses and scale and Thorpe Park Developments vision is to develop a business and leisure location unequalled in the UK creating a truly unique place for both existing and new occupiers.

Thorpe Park Leeds recently won the coveted ‘Best Deal’ Award at the Yorkshire Property Awards for its groundbreaking funding arrangement with Legal & General Capital.

 

Visit www.thorpeparkleeds.com for details.

Scarborough Starts Work on Site at Middlewood Locks, Manchester Posted: 11th May 2016

Scarborough Starts Work on Site at Middlewood Locks, Manchester

The McCabe family's Scarborough Group International, the UK and international real estate investor and developer, announces that FairBriar International has started work on site today for the first phase of its 24-acre Middlewood Locks development, a new residential and commercial neighbourhood at the western gateway to Manchester's Central Business District.

 

FairBriar International is a joint venture between Scarborough, Hualing Group, based in Urumqui, Xinjiang, in China and Metro Holdings Limited, a Singapore-listed property development and investment group. The work is being undertaken by Beijing Construction and Engineering Group (BCEGI), the Chinese construction and engineering firm, as the Scarborough’s preferred contractor for the development.

 

The first phases, which were granted detailed planning consent by Salford City Council in December last year, will comprise the development of 571 homes and associated commercial space, including convenience shops restaurants, extensive new public realm in the form of canal side footpaths and cycle ways that will connect into the city centre. With a phased building programme the first residents are expected to start moving in early 2018.

 

Middlewood Locks received outline planning consent in March 2015 to deliver a new mixed-use neighbourhood, which, in total, will provide around 2,000 new homes and more than 750,000 sq ft of commercial development space, including offices, hotel, shops, restaurants, a convenience store and gym. The development, designed by architect, WCEC Group, is around three large basins of the Manchester, Bolton and Bury Canal in Salford and is just a short walk from the central business district and retail amenities of Manchester.

 

The site has a gross development value of more than £700 million and is expected to create more than 7,000 jobs for the local region.

 

Lee Savage, Development Director of Scarborough, said: "We are thrilled to be starting on site at last. It marks the culmination of many months of intensive preparation and allows the local communities to see for themselves some real progress. The whole team will be concentrating on delivering a development of which Salford and Greater Manchester can be truly proud.”

 

Salford City Mayor Paul Dennett said: "I'm really pleased to see the long-awaited development start on this derelict site.   Middlewood Locks will create a new community with much needed homes, commercial space and jobs whilst utilising our historic canal system, celebrating our industrial past.”

 

Mr Xing Yan, Managing Director of BCEGI, said: “we are proud to be working on Middlewood Locks with Scarborough Group and their partners on what we believe will be a vibrant new neighbourhood for Salford. We are looking forward to engaging with the nearby communities as the construction works progress.”

 

Planning application submitted for Phase 2 of Scarborough’s Newport development, South Wales Posted: 27th Apr 2016

 

Scarborough Group International (SGI), the UK and international real estate investor and developer, today announces that it has submitted an application for detailed planning consent for Phase 2 of its £30 million commercial development at the Station Quarter in Newport, South Wales.

 

The proposals for the second phase of the redevelopment of the Cambrian Centre site, bordered by Queensway and Cambrian Road, include a further 45,000 sq ft of office development. The building will be named ‘Interface’ and will sit across 5 levels with complementary leisure and ground floor retail facing the new plaza.

 

Scarborough completed the first phase of the redevelopment, Admiral House in May 2014, comprising 80,644 sq ft of office accommodation let to Admiral Insurance, with the capacity to accommodate some 1,200 staff, along with 28,000 sq ft of retail and leisure space, and a new public plaza.

 

Knight Frank and Cook and Arkwright acted as joint agents for Phase 2 of the development.

 

Kate Howe, Associate Director, Scarborough Group, said:  “We are excited to have reached this latest stage in delivering the mixed-use regeneration scheme at Station Quarter. It is clear that Newport is in need of new, high quality, office accommodation in order to support the City’s economic growth and build upon the already successful regeneration of Newport City centre. We hope to secure planning consent in the coming weeks which will enable development delivery preparations to move forward through 2016 in order to deliver a landmark building for Newport.”

 

NEXT TO ANCHOR RETAIL SCHEME AT THORPE PARK LEEDS Posted: 4th Apr 2016

Next has agreed a deal to occupy a store that will comprise a gross internal area of 18,000 sq ft at Thorpe Park Leeds, the established business park which is set for further development into a major strategic mixed use scheme.

The popular high street operator is to anchor the retail element of the new 300,000 sq ft shopping and leisure park at Thorpe Park Leeds.

Thorpe Park Developments Limited, a joint venture between Scarborough Group International and Legal & General Capital, is already progressing works on site to deliver phase two comprising over 1.3 million sq ft of mixed use accommodation.

Scarborough recently announced a deal with Redrow to sell a part of the site for 300 new homes and is progressing the speculative delivery of a 31,650 sq ft Grade A office building, the first of 940,000 sq ft planned for the site. 

Planning permission was granted last month for a new 60,000 sq ft multi-screen cinema in phase two which also includes 140 acres of parkland and sports facilities.

Thorpe Park Developments Ltd has confirmed that detailed discussions are ongoing with a number of other major operators to fulfil the retail and leisure provision well in advance of development. 

Mark Jackson, Consultant for Scarborough Group International said, “The deal with Next is a major milestone for Thorpe Park Leeds which until now has remained a successful yet traditional business park. Radical plans for phase two will change all of that, transforming Thorpe Park Leeds into a true mixed use destination, delivering on site amenities for an anticipated 13,500 working population at the park as well as the surrounding communities.”

 A Next Spokesperson said, “Thorpe Park Leeds is a great location for Next with its dense population catchment and position on the strategic road network. We can see that it is already a vibrant environment that will be enhanced further with the extension of the business park, the new shops and restaurants, new homes and public space. We are very pleased to be involved in such an important project for the City of Leeds, and look forward to delivering our new store in this prominent location.”

Thorpe Park Leeds is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, National Grid, Kier, Laing O’Rourke, Atkins, BAM and United Utilities. 

Scarborough Group International has worked closely with Leeds City Council to develop the new plans for Thorpe Park Leeds and the critical infrastructure that it will deliver for east Leeds. In August 2015 Legal & General Capital committed to invest £162 million into the project and became a 50:50 partner to fund future development works.

Phase two at Thorpe Park Leeds includes delivery of the first section of the ‘East Leeds Orbital Road’, a key piece of infrastructure connecting north and east Leeds to Junction 46 of the M1. This road will unlock land for the construction of up to 7,000 new homes in the East Leeds area, land that is either already allocated in the Local Plan or which is ‘brownfield’.

LEEDS’ ONLY OUT OF TOWN SPECULATIVE OFFICE SCHEME STARTS AT THORPE PARK LEEDS Posted: 17th Mar 2016

Thorpe Park Developments Ltd, a joint venture between Scarborough Group International and Legal & General Capital, has started on site with the speculative development of the first Grade A office building in phase two at Thorpe Park Leeds.  

This is currently the only major out of town speculative office scheme being delivered in Leeds and will be available for occupation from November 2016.

Paradigm is a 31,650 sq ft, premium ‘headquarters’ office building which sits prominently at the gateway to Thorpe Park Leeds overlooking the M1 at Junction 46.  It is the first of a total 940,000 sq ft of new business space planned at the business park where planning consent is secured for a further 1.35 million sq ft of mixed use accommodation, bringing a significant boost to the East Leeds economy. 

Development plans include a 300,000 sq ft shopping and leisure park with cinema, 300 new homes, further leisure and hotel space and 140 acres of parkland and sports facilities.  Strategic construction partner GMI Construction has advanced ground preparation with a phased delivery programme well underway.

Thorpe Park Leeds is already a well-established 800,000 sq ft business park with over 60 occupiers including IBM, National Grid, Kier, Laing O’Rourke, Atkins, BAM and United Utilities.

Delivery of the next phase of development at Thorpe Park Leeds follows last year’s announcement that Legal & General Capital were to invest £162 million as joint development partner. 

Mark Jackson, consultant at Scarborough Group International said, “We are pleased to announce the start on site for Paradigm which is the first of a new era of office buildings at Thorpe Park Leeds. Occupiers now want more from today’s business park which means that on site amenities that support wellbeing and a sense of community are just as important as location and connectivity.  We believe that Thorpe Park Leeds’ new vision has all of the right ingredients to provide a sustainable business location for occupiers for the long term.”

JLL, Cushman & Wakefield and BNP Paribas Real Estate are appointed to market Paradigm.

 

 

 

Jeff Peary, Lead Director for Yorkshire and the North East at JLL said, “We saw an improvement in demand for out of town offices during the latter half of 2015 with over 250,000 sq ft taken up during the year.  There is a real shortage of larger quality modern buildings and Paradigm is therefore arriving at the right time to satisfy this need.”

 

Adam Cockroft, Director at Cushman & Wakefield said, “The joint venture has seized the opportunity to build speculatively in a market devoid of newly built quality space. We expect this to translate into early letting success.”

Michael Leonard, Director at BNP Paribas Real Estate said, “With no other new builds on site and average take up over the last 5 years being 326,000 sq ft for out of town offices, this is a good time for a premium office building to be on site.”

 

Thorpe Park Leeds is already an important business location for both Leeds and the North of England, located just six miles east of Leeds City Centre, with direct access off junction 46 of the M1.  The new development plans are groundbreaking in their mix of uses and scale and Thorpe Park Developments vision is to develop a business and leisure location unequalled in the UK creating a truly unique place for both existing and new occupiers.

Paradigm offers 31,650 sq ft of lettable space with 122 car parking spaces. Principal floor plates range from 8,800 sq ft to 10,275 sq ft.    The building is located overlooking Junction 46 of the M1, Crossgates railway station is within one mile and new bus services are planned to run through Thorpe Park Leeds.

Visit www.thorpeparkleeds.com for details.

 

Ends

 

Scarborough forms joint venture to develop Sheffield office scheme Posted: 14th Mar 2016

Scarborough Group International (Scarborough), the UK and international real estate investor and developer, announces that it has entered into a 50/50 joint venture agreement with Metro Holdings Limited of Singapore (Metro) for the development of the next phase of Sheffield DC, Sheaf Street, in Sheffield’s city centre, adjacent to the main railway and bus stations. In addition to acquiring an equity stake in the project, Metro has also agreed to provide an initial 3-year development funding facility.

 

The development comprises two Grade A office buildings, Acero Works and Vidrio House. Acero will provide 80,326 sq ft (net) of high quality office accommodation over six floors with floor plates ranging between 11,488 and 14,694 sq ft. Vidrio will provide 50,900 sq ft (net) over eight floors with floor plates of between 5,819 and 6,558 sq ft. There will be on-site parking for 104 cars. The Metro  funding line will finance the construction of Acero Works, which is to be developed on a speculative basis.  The investment is ground-breaking, bringing Singaporean investors to the City of Sheffield to develop a speculative office building, and demonstrates the positive sentiment in Sheffield and across the Northern Powerhouse cities.

 

Construction of Acero Works has now commenced, with completion expected in July 2017.  The completed scheme, incorporating both Acero and Vidrio will have a GDV of £40m and is expected to create an estimated 1,300 new jobs.

 

Scarborough, working in partnership with the Homes and Communities Agency started development of Sheffield Digital Campus, providing four office buildings in 2006. The first building  providing 50,000 sq ft was pre-let to Sheffield City Council who established ‘The Electric Works’, offering flexible and high quality offices for creative, digital and media business. A second speculatively built building of 50,000 sq ft, Ventana House, was completed adjacent to the Electric Works, and was fully let between July 2010 and March 2011 to Sky, Kennedys, Michael Page, and Coal Pension Trustees.

Scarborough’s “Hat Box” Manchester residential scheme fully sold out! Posted: 16th Feb 2016

Scarborough’s “Hat Box” Manchester residential scheme fully sold out!  Scarborough Group International (SGI), the UK and international real estate investor and developer, announces that the £30 million, 144 unit, ‘Hat Box’ residential development in New Islington, Manchester is now fully sold out.

 

 ‘Hat Box’ is developed by FairBriar Real Estate, a joint venture between SGI, Hualing Group of the People’s Republic of China, and Metro Holdings, of Singapore.

 

It is the second phase of Milliners Wharf in New Islington providing one, two and three-bedroom apartments across two contemporary new buildings adjacent to Milliners Wharf.    The first building is due to be handed over soon and the second building will follow shortly in the next month.

 

The Hat Box apartments are light, airy and spacious and have been completed to a high specification with balconies or private terraces in most apartments. It offers excellent facilities, including concierge, a sky garden, secure parking and bicycle stores,is ideally located close to the Metrolink and within walking distance of the centre of Manchester. The area, New Islington which has undergone huge regeneration offers good amenities for residents, such as schools, a nursery, a gym, shops, bars and a health care centre.

 

Simon McCabe, Director at Scarborough, said: “We are delighted to have secured full reservation at the Hat Box scheme, demonstrating our ability to deliver high-quality homes that cater to owners-occupiers and investors alike . This level of demand is further testament to Manchester’s reputation as one of the UK’s most vibrant, cosmopolitan and progressive cities.”

Redrow Acquires site for 300 new homes at Thorpe Park Leeds Posted: 1st Feb 2016

Thorpe Park Developments Ltd, a joint venture between Scarborough Group International and Legal & General Capital, has agreed a deal to sell a significant 20.3-acre development site at Thorpe Park Leeds to Redrow for the delivery of up to 300 new homes. 

 

The deal with Redrow, which is one of the UK’s leading housebuilders, forms part of a wider plan to deliver the residential element of a mixed use scheme in phase two on the celebrated 200-acre site in East Leeds.  

 

Redrow’s Yorkshire operation will develop housing with an anticipated finished worth of almost £70 million. Redrow will also be responsible for a package of community benefits worth circa £1.85 million, including contributions to education and public transport, in addition to wide ranging community provisions by Scarborough as part of the overall scheme.

 

In addition to the housing, Thorpe Park Leeds has planning consent for a transformational 1.35 million sq ft mixed use expansion of the existing 800,000 sq ft business park. Preparation work is already underway to deliver a new 300,000 sq ft shopping and leisure park and a first phase of 40,000 sq ft of offices. The development also includes a 113 acre public park with sports facilities.

 

Redrow’s development will be a ‘gateway’ to the eventual creation of up to 7,000 homes including the East Leeds Extension. The Thorpe Park Leeds development will deliver the primary infrastructure to kick start the new East Leeds Orbital Road (ELOR) and the initial site preparation works have already commenced to connect Manston Lane, Crossgates, to J46 of the M1.

 

Matthew Barker, land director for Redrow Homes (Yorkshire), said: “We’re very excited to be involved in the Thorpe Park Leeds project and, with it, the wider East Leeds Extension, which is the largest housing development in the Leeds City region.”

 

“The Manston Lane Link Road is due to open during 2017, which will enable works to commence on the Thorpe Park Leeds residential area. We will submit a reserved matters detailed planning application during 2016 so that we are ready to progress as soon as possible.”

 

Redrow expects to build mostly two, three and four-bedroom homes and some one-bedroom apartments. It will seek permission for homes from two different product ranges – the Arts & Crafts inspired Heritage Collection and the Georgian-influenced Regent Collection, ensuring a wide choice of homes for different audiences.

 

Work will hopefully commence in 2017 with completion of all 300 homes scheduled by 2021.

 

Mark Jackson Consultant to Scarborough Group International, said: “We are looking forward to working with Redrow Homes on the next phase of Thorpe Park Leeds. The quality of Redrow’s homes and its approach to design is very much in keeping with the high standards that we intend to establish in the development of Thorpe Park Leeds which is founded on four key themes; Community, Health and Wellbeing, Connection and Enterprise. We believe that Redrow shares our ethos and understands our vision and we will work together to ensure integration to the wider Thorpe Park Leeds project and indeed East Leeds’s wider community.”

Thorpe Park Leeds is already an important business location for both Leeds and the North of England, located just six miles east of Leeds City Centre, with its own dedicated access off junction 46 of the M1. Among the 60 occupiers of the existing office space are IBM, National Grid, GE Capital, Vinci, BAM and United Utilities.

SCARBOROUGH UNVEILS VISION FOR CINEMA AT THORPE PARK LEEDS FOLLOWING PLANNING CONSENT Posted: 13th Jan 2016

SCARBOROUGH UNVEILS VISION FOR CINEMA AT THORPE PARK LEEDS FOLLOWING PLANNING CONSENT

Scarborough Group International has secured planning permission from Leeds City Council for a multi-screen cinema at Thorpe Park Leeds and released new images of what it could look like when delivered next year.  The proposed cinema venue of up to 50,000 sq. ft will be part of a new 300,000 sq. ft shopping and leisure complex at the 200 acre east Leeds business park.

The news comes as site owner and developer Thorpe Park Developments Limited (TPDL), a joint venture between Scarborough Group International (SGI) and Legal & General Capital (LGC), progresses apace with site preparation works which commenced in 2015 with the appointed contractor, GMI Construction.

Scarborough and Legal & General Capital joined forces for the development of Thorpe Park Leeds in August 2015, with LGC becoming a 50:50 partner in the project and also committing to provide further funding for the development works, a total anticipated investment of £162 million. 

Part of the Thorpe Park Leeds site is also allocated for 300 new homes and a 113-acre public park with sports facilities.

With the letting of much of the retail and leisure accommodation already under negotiation, TPDL will shortly commence building work on 40,000 sq. ft. of prime office accommodation, which is due for completion in Autumn 2016.  The remainder of Thorpe Park Leeds’ 935,000 sq. ft. of planning permission for office space will be developed out in pre-let and speculative phases. 

Thorpe Park Leeds will also deliver the first section of the ‘East Leeds Orbital Road’, a key piece of infrastructure connecting north and east Leeds to Junction 46 of the M1. This road will unlock land for the construction of 7,000 new homes in the East Leeds area, land that is either already allocated in the Local Plan or which is ‘brownfield’. 

The development is expected to create over 13,000 jobs, including nearly 4000 local employment opportunities for the Leeds city region.

Mark Jackson of Scarborough Group International, commented:

“We are delighted to secure planning permission for the cinema which is an important part of the mix of shopping and leisure uses at Thorpe Park Leeds, serving the growing business and residential community. 

“We are already in discussion with cinema operators which have expressed an interest in the project.  

“Thorpe Park Leeds is founded on four key values; Community, Health and Wellbeing, Connection and Enterprise.  We are pleased to bring forward phase two which is transformational for east Leeds, creating a true sense of place where business can thrive in a well-supported environment.”

Thorpe Park Leeds is already an important business location for both Leeds and the North of England, located just six miles east of Leeds City Centre, with its own dedicated access off junction 46 of the M1.  Among the 60 occupiers of the existing office space are IBM, National Grid, GE Capital, Vinci, BAM and United Utilities.

Scarborough granted consent for £700 million Middlewood Locks development Posted: 18th Dec 2015

Scarborough granted consent for £700 million Middlewood Locks development

The McCabe family's Scarborough Group International (Scarborough), the UK and international real estate investor and developer, today announces that FairBriar International has been granted detailed planning consent by Salford City Council for the first phase of its 24-acre Middlewood Locks development, a new residential and commercial neighbourhood located at the western gateway to Manchester's Central Business District. FairBriar International is a joint venture between Scarborough, Hualing Group, based in Urumqi, Xinjiang in the Peoples Republic of China and Metro Holdings Limited, a Singapore-listed property development and investment group.

 

Construction of this first phase can now commence early next year (2016), with residents expected to move in mid-2017. The first phases will comprise the development of around 571 homes and associated commercial space, including convenience shops and restaurants, and extensive new public realm in the form of canal side footpaths and cycle ways that will connect into the city centre.

 

Middlewood Locks received outline planning consent in March 2015 from Salford City Council to deliver a new mixed-use neighbourhood, which, in total, will provide around 2,000 new homes and more than 750,000 sq ft of commercial development space, including offices, hotel, shops, restaurants, a convenience store and gym. The development, designed by architects, WCEC Group, is centred around three large basins of the Manchester, Bolton and Bury Canal in Salford and is ideally located just a short walk from the central business district and retail amenities of Manchester.

 

The site has a gross development value of more than £700 million and is expected to create more than 7,000 jobs for the local region.

 

Lee Savage, Development Director of Scarborough, said: "This is fantastic news. Over the past year, we have worked closely with the members and officers of Salford City Council and consulted with all the local communities and interested groups to achieve this milestone for Middlewood Locks. We can now concentrate on delivering a development of which Salford and Greater Manchester can be truly proud."

Scarborough appoints Beijing Construction and Engineering Group Posted: 23rd Oct 2015

The McCabe family's Scarborough Group International, the UK and international real estate investor and developer, today announces that it has selected Beijing Construction and Engineering Group (BCEGI), the Chinese construction and engineering firm, as their preferred contractor for its 24-acre Middlewood Locks development, a new residential and commercial neighbourhood located at the western gateway to Manchester's Central Business District.

 

BCEGI has been working with Scarborough on the design for the detailed planning application for the first phases of the development. These first phases will comprise the development of circa 550 homes, 29,000 sq ft of commercial space and extensive new public realm, in the form of canal side footpaths and cycle ways that will connect directly into the city centre. The application was submitted earlier this month with a planning decision expected in before the end of the year. This would then enable Scarborough to start on site in the first quarter of 2016.

 

BCEGI first entered the UK market through an investment in Airport City, Manchester, announced in October 2013. The company has been actively pursuing further investment opportunities in the UK and in August 2015, announced its most recent investment in St Michael’s, Manchester.

 

Middlewood Locks received outline planning consent in March 2015 from Salford City Council to deliver a new mixed use community of around 2,000 new homes and up to 750,000 sq ft of commercial development space for mixed commercial uses including offices, hotel, shops, delis, restaurants, a convenience store and gym. The development is centred on three large basins of the Manchester Bolton and Bury Canal in Salford and is ideally located just a short walk from the central business district and retail amenities of Manchester.

 

The first phase of this development will comprise the development of circa 550 homes, 29,000 sq ft of commercial space and extensive new public realm, in the form of canal side footpaths and cycle ways that will connect directly into the city centre. The reserved matters planning application has now been submitted for the first phase with a planning decision expected in before the end of the year. This would then enable SGI to start on site in the first quarter of 2016.

 

The site has a gross development value exceeding £700 million and is expected to create more than 7000 jobs for the local region. The scheme is being developed by FairBriar International, a joint venture between Scarborough, Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People's Republic of China, and Metro Holdings Limited, a Singapore-listed property development and investment group.

 

Lee Savage, Development Director of Scarborough, said: "Middlewood Locks is a unique site with the potential to deliver thousands of new homes, jobs and a first-class business destination. The selection of BCEGI means that we are on track to deliver the first phases of the development and we are confident that this scheme will be transformational for Salford and its wider regeneration activities."

 

Mr Xing Yan, BCEG International Co. Ltd Managing Director, said: “We are delighted to be selected as preferred contractor for Middlewood Locks and have very much enjoyed working alongside the Scarborough team. We are now looking forward to delivering the first phases of development of this significant and strategic regeneration project.”

 

Salford City Mayor Ian Stewart, said: "This is another exciting development for Salford.

 

"Salford is growing at an incredible pace and the international investment demonstrates this. We have worked closely together with developers like The Scarborough Group to create new jobs, homes and commercial opportunities and a bring large pieces of unused land back to life."

 

For further information:

Kirsty Allan

Tavistock

Kirsty.allan@tavistock.co.uk

020 7920 3150

 

Notes to Editors:

Scarborough Group International

Scarborough Group International (SGI) holds substantial real estate interests throughout the UK and internationally with subsidiary, associated or connected companies in the Far East, China and Australia. The Group’s global reach also includes interests in North America, Europe and India through other organisations owned by the McCabe family. SGI’s roots stretch back to the mid-1970s with the first Scarborough branded corporate created in 1980. SGI owns Sheffield United Limited and with it co-owns Sheffield United FC.

 

SGI started to diversify into Asia in 2003. After the listing of its key investments in Top Spring International Holdings and Rainbow Department Stores in Hong Kong and China respectively, the Group began to grow its retail and consumer business in China, capturing the opportunities generated by the nation’s 12th Five Year Plan.  ScarVic Retail Management was formed as a joint venture with AVIC Shenzhen Trading in 2011 bringing famous international branded retailers to China, the first of which is Grupo Cortefiel. 

www.scarboroughgroup.com

 

FairBriar International

Scarborough has rebranded its Residential division under the banner of FairBriar Group, a corporate name emanating from a formerly well-established and respected south-east housebuilder which in recent past years saw Scarborough Group with a controlling interest.  Top Spring and Metro now each own 25% of the FairBriar joint venture with Scarborough holding the 50% balance.

 

Beijing Construction and Engineering Group (BCEGI)

BCEGI is a Chinese construction and engineering firm that has built significant buildings and infrastructure in Beijing as well as overseas. This has been delivered through international branches, in particular, an active subsidiary in the United States, -USA. Ranked in 2012, with revenues of $5.5 billion USD, it is the 44th largest construction and engineering company in the world by revenue.

 

 

THORPE PARK LEEDS TAKES CENTRE STAGE AT MIPIM UK 2015 Posted: 21st Oct 2015

THORPE PARK LEEDS TAKES CENTRE STAGE AT MIPIM UK 2015

Thorpe Park Leeds takes centre stage this week at MIPIM UK as the headline partner for Leeds City Region, representing a significant regeneration project that brings the ‘Northern Powerhouse’ to life.

The significant 200 acre mixed-use development in east Leeds recently received a £162 million investment boost from Legal and General Capital (LGC) that has kick started delivery for the next major phase of new development on site.

In a deal brokered by UKTI’s Regeneration & Investment Organisation (RIO) LGC has acquired a 50% stake in Thorpe Park Leeds, entering into a Joint Venture with Scarborough Group International (SGI) which has been involved with the site for nearly 20 years. The joint venture will deliver phase two of Thorpe Park Leeds which has consent for a transformational 1.35m sq ft mixed-use expansion of the existing 800,000 sq ft business park.

The future development of Thorpe Park Leeds is set to create up to 10,000 new jobs.

Thorpe Park Leeds will also deliver the first section of the ‘East Leeds Orbital Road’, a key piece of infrastructure connecting north and east Leeds to Junction 46 of the M1. This road will unlock land for the construction of 7,000 new homes in the East Leeds area, land that is either already allocated in the Local Plan or which is ‘brownfield’. .

Preparation work is already underway to deliver a new 300,000 sq. ft. shopping and leisure park, a first phase of high quality office accommodation of up to 60,000 sq. ft, land for 300 new homes on Thorpe Park Leeds itself, and a 113 acre public park with sports facilities.

With the letting of much of the retail and leisure accommodation already under negotiation, SGI has committed to bring forward delivery of nearly 40,000 sq. ft of prime office accommodation, on a speculative basis, which is due for delivery by Summer 2016. A little less than 900,000 sq. ft of further office space is available for pre-letting.

Mark Jackson of Scarborough Group International, commented: “With major investment secured we are now progressing apace to deliver the second phase at Thorpe Park Leeds. This project is transformational for east Leeds, creating a true sense of place where business can thrive in a well-supported environment. Thorpe Park Leeds is founded on four key themes; Community, Health and Wellbeing, Connection and Enterprise and we are pleased to join Leeds City Region at MIPIM to present this exciting opportunity to potential occupiers.”

Roger Marsh OBE, chair of Leeds City Region Enterprise Partnership (LEP), added: “I’m delighted to welcome Thorpe Park Leeds to the City Region’s ever growing private sector delegation for the three day exhibition. As the recent recipient of over £160 million of funding and the first project delivered since the start of Legal & General’s Regeneration Investment Organisation (RIO) partnership, launched at 10 Downing Street in January, the scheme provides a fantastic example of opportunity that exists in Leeds City Region.

Laura Mason, Director of Direct Investments at Legal & General Capital, said: “Thorpe Park Leeds is a shining example of what can be achieved through positive public and private sector engagement, demonstrating that through a joined up approach we can bring about transformational large scale urban regeneration and economic growth. In the Leeds City Region and Scarborough Group International we have forward thinking partners and we want to work with them to unlock further investment opportunities and encourage other investors into the region through important platforms like MIPIM UK.”

Presentations at MIPIM UK

Thorpe Park Leeds Project Presentation Wednesday 21st October
1400 – 1500
Leeds City Region Stand H11-J10
Location Leeds City Region/Thorpe Park Leeds
Collaboration to Secure Investment
Wednesday 21st October
1600 – 1645
UKTI RIO Stand K19
Aligning Investment Opportunity through the
Regeneration and Investment Organisation
(RIO) hosted by Estates Gazette
Friday 22nd October
1014 – 1100
Olympia London Red Room

To find out more about Thorpe Park Leeds please visit http://thorpeparkleeds.com

To find out more information about Leeds City Region’s attendance at MIPIM 2015 and its delegation, please visit www.investleedscityregion.com

Visit us on Stand B25 at MIPIM, Olympia - London 21st - 23rd October 2015 Posted: 6th Oct 2015

SCARBOROUGH LEADS HISTORIC VISIT TO CHINA BY CHANCELLOR Posted: 24th Sep 2015

Chancellor George Osborne today became the first serving Government Minister to visit Urumqi in the region of Xinjiang, North West China, as he welcomed a major new investment in the Northern Powerhouse by a Xinjiang-based firm and announced a new aim to make China the UK’s second largest trading partner.

 

 The Chancellor visited Hualing Industry and Trade Group which today (Wednesday) announced its intention to provide the investment needed to unlock three major property projects in Manchester, Leeds and Sheffield with a gross value of £1.2 billion.

 

The three projects, which are being led by the UK’s Scarborough Group, are expected to create 18,000 jobs and enable the delivery of 10,000 much-needed new homes, helping to build the Northern Powerhouse.

 

The Chancellor’s historic visit came as he announced a new ambition to make China the UK’s second largest trading partner by 2025, potentially adding billions to Britain’s economy, as part of the government’s wider efforts to increase UK exports to £1 trillion a year and to get 100,000 more UK companies exporting.

 

According to the latest available trade figures from the Office for National Statistics, China is currently the UK’s sixth largest trading partner, with British exports to the country totalling £25 billion in 2013.

 

The government is clear that while it will be a challenge to raise the level of our trade relationship with China to this next level, we are determined to make this happen.

 

A key part of this is helping British firms take advantage of the huge potential benefits from China’s investment in new trade routes to the West, which is why – during his visit to Urumqi - the Chancellor also launched a new study by the China-Britain Business Council and the Foreign Office which sets out the opportunities available to British companies alongside practical advice for UK firms on where the opportunities will be and how to start benefitting from them.

 

Entitled ‘One Belt, One Road’ after the massive new One Belt One Road Initiative (OBOR) to create new trading routes between China and Europe, the study includes advice for UK firms on the funding streams open to them to grow and develop in the region - including those created by the new Asian Infrastructure Investment Bank which the UK joined as a prospective founding member earlier this year.

 

Speaking on his visit to Urumqi, Chancellor George Osborne said:

 

“China’s emerging regions, like Xinjiang, hold enormous potential in the years ahead.

 

“That’s why I wanted to come here today to see this place for myself, and highlight Britain’s absolute commitment to support the growth of Urumqi together with the whole of the Xinjiang region.

 

“We are building an ever closer relationship with China – it’s a partnership that is set to unleash growth and help regions like Xinjiang where we know investment can make a real difference, as well as unleash new growth back home, in places like our own Northern Powerhouse.” 

 

Kevin McCabe, Chairman of the Scarborough Group said:

 

"We are delighted to join the Chancellor on this historic visit moreover we appreciate the invaluable support of the UK Government in helping us to create closer global business links.  For Scarborough, this is the latest chapter in a long history in China, spanning over 13 years, during which time we have established strong relationships with local partners as the foundation for significant investments in China and the Far East. 

 

“As a family business with its roots in the North of England, we are now very proud to bring our partners in China to the UK to invest in our great Northern Cities and to accelerate the development of our major projects in Manchester, Leeds and Sheffield. 

 

“Our partnership with the Hualing Group is a new and exciting one for Scarborough and we look forward to working with them over the coming years to bring our Northern projects to fruition."

 

Stephen Phillips, Chief Executive, China-Britain Business Council said:

 

“It is vital that the British business community understands what One Belt, One Road could mean in the short, medium and long term and to take action to position themselves to win business in the years ahead. ‎At the China-Britain Business Council we will work closely with businesses to seize these new opportunities.”

 

Through the One Belt One Road, China aims to create six economic corridors, spanning over 60 countries that make up almost two thirds of the world’s population and account for a third of the world’s wealth

 

Xinjiang, over a 1000 miles from Beijing, is roughly the size of Western Europe, and is set to be transformed by the OBOR.

 

Symbolic to the original Silk Road, Xinjiang’s position as the crossroad of Asia means it is perfectly placed to benefit from the increased connectivity and economic growth that this will bring. 

 

As the capital of this important region, Urumqi also has real potential to become a major transport and logistics hub for central Asia as well as a centre for healthcare, finance, education and culture.

 

Discussions between Chinese and British business leaders are expected to receive a further boost during President Xi's State Visit to Britain later this year.

 

The Chancellor also visited Soong Ching Ling Football School.

 

Further information

 

·         The three projects where Hualing Industry and Trade Group and Scarborough Group have agreed financial terms, facilitating Hualing’s investment, are:

 

·         Middlewood Locks, a £730 million residential project in Manchester incorporating a total of 2,000 residential units and circa 750,000 square feet of commercial accommodation;

·         Thorpe Park, a £400 million mixed-use project in Leeds; and

·         Sheffield Digital Campus, a £40m commercial and office development which will build 130,000 square feet of office space in the city.

 

·         In total, the portfolio under discussion has a combined gross value of over £1.2 billion and therefore represents a very substantial investment opportunity, contributing significantly to jobs and growth in northern England.

 

·         Value of UK exports to six largest trading partners in £ billions (ONS, 2013 figures)

 

 

China *

US

Germany

France

Netherlands

Ireland

UK exports to China by value (£billions)

24.9

90.1

42.7

32.2

35.6

26.7

 

* Includes UK exports to Hong Kong

 

·         Read the ‘One Belt, One Road’ report by the China-Britain Business Council and the Foreign Office (British Embassy, Beijing) here.

L&G Major investment in Thorpe Park Leeds Posted: 10th Aug 2015

L&G Major investment in Thorpe Park Leeds

FIRST RIO DEAL IN PARTNERSHIP WITH SCARBOROUGH GROUPSET TO DELIVER 7,000 HOMES AND 13,000 JOBS


Legal & General Capital (LGC), working in partnership with Legal & General Property (LGP), announces that it has acquired a 50% stake in Thorpe Park Leeds, a 200 acre mixed-use business development site in East Leeds, entering into a Joint Venture (JV) with Scarborough Group International (Scarborough Group). The joint venture will deliver phase two of Thorpe Park Leeds which has consent for a 1.35m sq ft mixed-use scheme. Thorpe Park Leeds is set to create a further 13,000 local jobs while potentially unlocking the construction of 7,000 new homes in the East Leeds area through the construction of the first section of the East Leeds Orbital Road, a key piece of road infrastructure.

The deal represents the first project to be delivered since the start of L&G’s Regeneration Investment Organisation (RIO) partnership launched at 10 Downing Street in January. Bringing with it an extensive network of international investor contacts and deep property expertise, L&G committed to co-invest £1.5bn into RIO pipeline projects alongside capital from other institutions and major overseas investors and is working with the government’s inward investment body, UKTI, to attract an additional £15bn of investment into critical regeneration projects that support UK growth.

LGC has purchased a 50% stake in Thorpe Park and committed to provide the finance required to develop it over a phased five year period. Scarborough Group, a specialist real estate investor and developer, has been involved with Thorpe Park Leeds for more than 20 years, having successfully built and sold the first phase of the scheme, and will act as development manager to the project. This year Scarborough Group received planning consent for the first 60,000 sq ft of offices and consent for 300 new homes on the site. The LGC investment will speed up the regeneration, and allows the JV a flexible and predictable source of capital to complete the scheme, whilst leveraging Scarborough Group’s unrivalled local development knowledge.

This latest investment from LGC again demonstrates that the UK can benefit hugely, both economically and socially, through institutional investment partnering with Government in order to facilitate major UK regeneration. It expands LGC’s portfolio of UK regeneration projects, which include schemes in Bracknell, Salford, Canning Town, Plymouth, Wakefield and Liverpool, and follows closely behind LGC’s investment into MediaCityUK with Peel – a £503m strategic regeneration project in Salford covering around 35 acres – which was also included in RIO’s original target list of projects but executed directly.

To read or download the full release as a PDF, Click Here

SCARBOROUGH MUIR GROUP GETS GREEN LIGHT FOR 16,850 SQ FT ALDI FOOD STORE IN FIFE Posted: 31st Jul 2015

 Scarborough Muir Group Limited (SMG), a joint venture between Scarborough Group International and Muir Group, announces that it has received outline planning consent from Fife council to develop its four acre commercial development site in Dalgety Bay, Fife.

 

Fife Council has given its approval for the development of a new 16,850 sq ft Aldi Food Store, a family pub restaurant, a drive-thru coffee restaurant and a 10,000 sq ft commercial unit, suitable for a light industrial or office occupier.

The site, acquired by SMG in 2008, is in a prominent location and forms part of the gateway to Donibristle Industrial Estate and Dalgety Bay. Following extensive consultation with the public, the existing industrial estate occupiers and Fife Council, this development is now set to provide much needed facilities to this area in Fife and will trigger the regeneration of the industrial estate.

Following receipt of outline planning consent SMG and Aldi are now ready to submit detailed Planning Applications to Fife Council for the Aldi Food Store and the family pub restaurant. Ryden’s Edinburgh office has also been appointed to secure occupiers for the drive-thru coffee restaurant and commercial unit. Construction is expected to commence before the summer of 2016 and completion is due before Christmas trading 2016.

William McAlister, Director of Scarborough Muir Group said: “We are delighted to have received support from Fife Council for our scheme that will make a significant contribution to Fife, providing much needed facilities and bringing local jobs to the area. Aldi’s decision to open a Food Store on the site is testament to the prominent location of the scheme and we are confident that we will secure other high-quality occupiers for the drive-thru coffee restaurant and commercial unit.”

 

Robert Stoddart, Property Director for Aldi Stores, said, "We are very excited at the prospect of bringing an Aldi store to Dalgety Bay. Our brand is very popular with Fife shoppers and we received lots of support from the Dalgety Bay community during the consultation process.”

STUNNING NEW WATERFRONT PLANNED FOR ROSYTH Posted: 16th Jul 2015

Fife Council has taken a decision at its Executive Committee to support the principle of a mixed used development at Rosyth which will result in the creation of 3,500 new jobs and £500 million of investment. This means that a major milestone has been passed in the progress of the waterfront project and will accelerate the regeneration scheme significantly.

The Council has recognised that the waterfront site will not fulfilled its potential and that it was appropriate to consider a broader range of mixed uses including leisure, retail, hotel, community, residential uses and amenity space that would complement the waterfront’s role as a European gateway for trade, commerce, and tourism. It will also capitalise on the potential of the area after the designation of the Forth Bridge as an UNESCO World Heritage Site.

The new strategy will enable Fife Council and Scarborough Muir Group Limited (SMG) to work in partnership which will help to deliver the Fife Economic Partnership 10 year Economic Strategy and the 9,000 jobs needed to get the economy back to pre-2008 levels.

 

SMG’s first step will be to lodge a Pre-application Notice and thereafter hold an extensive public consultation after the summer with a view to submitting the Planning Application towards the end of 2015 or early 2016.

 

The masterplan includes four main elements:

·         Employment areas forming a continuous business and industrial park around the current commercial waterfront and port area.

·         The Rosyth Gateway, a commercial zone located at the eastern edge of the site.

·         The Mixed Use Waterfront destination, combining shops, cafes bars, hotel, offices and apartments.

·         New waterfront promenade, landscaped gardens and woodland areas, pedestrian and cycle core path network incorporating Rosyth Castle and the historic Doocot which will enable access to the waterfront for 14,000 local residents.

 

The masterplan seeks not only to bolster the area as a diverse and broad-based employment centre, but to deliver a quality waterfront development, complementing the site’s surrounding landscape and historical legacy, its links to Rosyth and neighbouring communities.

 

William McAlister, Director of Scarborough Muir Group said: “As one of Scotland’s largest urban regeneration schemes we are pleased to be making good progress as we work towards submitting a Planning Application. The support from Fife Council in the form of this mixed use allocation is of great significance and to secure the 3,500 jobs it is essential that we now move the partnership with the Council forward. The new strategy means that new thinking is required and we look forward to working with Council Officers to deliver the clear political direction that has been given.”  

 

Alex Rowley MSP said “I am pleased with the Committee’s decision to accept mixed use waterfront development at Rosyth, with the recent announcement awarding Forth Rail Bridge World Heritage status, I feel the timing of the decision is right for Rosyth”.

 

Councillor Pat Callaghan stated “This is great news for Rosyth, Scarborough Muir have spent years decontaminating this site and the Committee’s decision to support them is being positively received with news that a planning application is now being drawn up.  We look forward to working with the developers during the consultation process.

 

Councillor Mike Shirkie said “Having fought for the past 10 years for the mixed use development of Rosyth Waterfront, I am delighted that common sense has at last prevailed. It could not have come at a more opportune time with the announcement of World Heritage status of the Forth Bridge by UNESCO and completion of the Queen's Crossing next year creating a unique three Bridges site across the Forth. Mixed use development of Rosyth Waterfront will provide a fantastic "Gateway" for tourists, create thousands of much needed jobs during the construction and operational phases and finally give access to our people to the Waterfront for the first time in over 100 years.”

 

Ends.

The Gym Group opens at Scarborough’s Newport development, South Wales Posted: 25th Jun 2015

The Gym Group opens at Scarborough’s Newport development, South Wales

The McCabe family’s Scarborough Group, the UK and international real estate investor and developer, announces that The Gym Group has opened to the public at Scarborough’s £30 million commercial development at the Station Quarter in Newport, South Wales.

The Gym Group has signed a 15-year lease on a 15,000 sq ft unit. Alongside this new letting, Scarborough has also created a high-quality public plaza to complement the existing retail and office space, which will provide a much improved pedestrian gateway from the train station to the city centre. The plaza opened to the public in June, and a formal opening ceremony will be held in August.

This milestone in the delivery programme for Newport paves the way for commencing the second phase of the Station Quarter redevelopment. Following the success of Admiral House, which Scarborough sold for £20 million to Global net-lease REIT, W.P. Carey in October 2014, the second phase will comprise a further 30,000 sq ft of office development with complementary leisure and retail on the ground floor and facing the plaza. Scarborough will be submitting a planning permission for this next phase in Q4 2015.

Scarborough achieved planning consent in April 2012 for the first phase of the Station Quarter, its redevelopment of the former Cambrian Centre. This phase comprised the 80,644 sq ft office accommodation with the capacity to accommodate up to 1,200 staff, designed for Admiral, and 28,000 sq ft of retail and leisure space, parking for 290 cars and a new public plaza.

Kate Howe, Associate Director, Scarborough Group, said: “This new letting and the creation of the public plaza demonstrates our commitment to the on-going transformation of the centre in Newport. Following the success of Admiral House and the severe shortage of quality office stock we are confident that there is demand for a high-quality office lead scheme in Newport.

“Newport City Council has continued to support our plans for the redevelopment of the Station Quarter which is further testament to the quality and importance of this scheme for Newport.”

Scarborough launches £700 million Middlewood Locks development Posted: 18th Jun 2015

Scarborough launches £700 million Middlewood Locks development  

The McCabe family’s Scarborough Group International, the UK and international real estate investor and developer, today reveals plans for its 24-acre Middlewood Locks development, a new residential and commercial neighbourhood located at the western gateway to Manchester’s Central Business District.

 

At a launch party today, attended by Ian Stewart, Salford's City Mayor, Scarborough will reveal its  latest plans, images and timetable for Middlewood Locks, which received planning consent in March 2015 from Salford City Council to deliver a new mixed use community of around 2,000 new homes and up to 750,000 sq ft of commercial development space. The Scarborough team will present its latest development plans to local agents, the media.

 

Following receipt of planning consent, Scarborough is now working up a detailed planning application for the first phases of the development which will comprise the development of 550 homes, some  29,000 sq ft of commercial space and extensive new public realm, in the form of canal side footpaths and cycle ways that will connect directly into the city centre. The application will be submitted in Q3 2015 with a planning decision expected in Q4 2015. This would then enable Scarborough to start on site towards the end of this year.   

 

Middlewood Locks, which has a gross development value exceeding £700 million, is being developed by FairBriar International, a joint venture between Scarborough, Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People’s Republic of China, and Metro Holdings Limited, a Singapore-listed property development and investment group. 

 

Middlewood Locks, which is centred around three large basins of the Manchester Bolton and Bury Canal in Salford, will provide a vibrant new community with a total of up to 2,000 new homes along with around 750,000 sq ft of space for mixed commercial uses including offices, hotel, shops, delis, restaurants, a convenience store and gym. The development is ideally located just a short walk from the central business district and retail amenities of Manchester.

 

There will be a variety of home types and sizes available to help cater for a wide mix of occupiers from first time buyers, families to ‘empty nesters’. The homes will be designed in a way to make the most of the landscaping incorporating private and public spaces. Part of the landscaping strategy is to connect the green spaces with the canal  incorporating a woodland theme.

 

Lee Savage, Development Director of Scarborough, said: “Middlewood Locks is set to create a first class mixed-use community in one of the UK’s most vibrant, cosmopolitan and progressive city regions. The development in Salford is situated in what we believe will be a new business destination for the City as well as a sought after residential neighbourhood  due to its proximity to Manchester  city centre and the impact of other wider regeneration activities that are taking place in the Salford area.”

 

Ian Stewart, Salford’s City Mayor said: I am absolutely delighted to see the Scarborough Group and their partners bring this outstanding new development forward. This is a unique site with so much potential to deliver new homes, commercial opportunities and new jobs whilst maximising our riverside and canal assets.  It is one more step towards the extensive transformation of this part of the regional centre which will enable  the cities of Salford and Manchester to deliver the growth necessary to meet the economic challenges we face at a national level.

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