FEC wins auction for site of failed £77m Angelgate development

Angelgate lsh

Far East Consortium (FEC) has acquired the site of the Pinnacle’s failed Angelgate residential development in central Manchester at online auction.

The 1.96-acre Dantzic Street site has remained redundant since developer Pinnacle (Anglegate) entered administration in September 2017, having been granted planning permission by Manchester City Council for a £77m, 344-home scheme across two towers in 2013. Pinnacle (Angelgate) was a special purpose vehicle for developer Pinnacle, which now continues to trade on other schemes.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue