Accrue Capital has submitted a planning application for a 433 home build-to-rent (BTR) scheme in Manchester.
The developer’s plans comprise turning a derelict brownfield site of a former B&Q store on Great Stone Road, Old Trafford, into a major residential scheme.
The 433 new homes planned for Trafford Place include a mix of one-, two- and 3-bed properties, as well as new public realm and ground-floor units designed for a range of commercial or community uses.
The building has been designed so that it steps up from six storeys to a maximum height of 12 storeys.
Accrue said it would aim to offer homes at a competitive rent and at a discount compared to Manchester city centre. The firm added it would discuss the provision of affordable housing with the Trafford Council as part of the application process.
Stephen Webster, chairman of Accrue Capital, said: “With a chronic shortage of new housing in the area, Trafford Place aims to help change that by providing good quality, well designed homes suitable for the needs of the local market. Supported by communal spaces, we believe that the whole scheme will deliver major benefits to the area and we look forward to working with the Council and other local stakeholders in progressing our vision for Trafford Place.”