Work on the first phase of Salford Central regeneration scheme in the UK is due to start, creating a mix of commercial and residential properties on Chapel Street.
The development is being delivered by the English Cities Fund (ECf), a joint venture between Muse Developments, Legal & General and the Homes and Communities Agency (HCA) along with Salford City Council.
Phase one will see the creation of 14 new townhouses, 83 apartments, new commercial premises and a convenience store.
After completion of phase one, the development will be carried out on the New Bailey site.
Upon completion, the entire Salford Central development will feature two areas covering 17ha around Chapel Street, Salford Central station and the Adelphi and Bexley Square conservation areas.
The Chapel Street and New Bailey sites will feature 2.3 million ft² of commercial space, 849 new homes and 390 hotel rooms.
ECf development director Phil Mayall said that the first phase marks the beginning of construction of the Salford Central development plans, which are set to regenerate the area.
"We have been working closely with residents and community groups for a number of years to ensure the plans deliver what the people of Salford want," Mayall said.
The HCA and Greater Manchester Combined Authority (GMCA) have each invested £3.4m into the scheme.
HCA executive director of North West Deborah McLaughlin said that the development will help meet local housing needs and create job opportunities.
The development received planning permission in January 2010 and is expected to receive its first occupant in September 2014.
Image: Salford Central regeneration will feature the Chapel Street and New Bailey sites. Photo: Courtesy of Muse Developments.